Elizabeth Grove at a glance
2,719
People
$662,500
Median sale
$480/wk
Median rent
3.77%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
SA › Elizabeth Grove › Grateley St
$300,000
Last sold
2 Mar 2022
2
Bedrooms
1
Bathrooms
3
Car spaces
556 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$300,000
2 Mar 2022 · derived via latest_sale
Local land rate: recorded House sales in Elizabeth Grove (last 5 years) with land size have a median of $705/m² of land (n=53). Districts calculation from recorded sales — not a valuation.
Elizabeth Grove at a glance
2,719
People
$662,500
Median sale
$480/wk
Median rent
3.77%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Elizabeth Grove
-54.7%
Median sale
Suburb $662,500
+4.55 pp
Gross yield
Suburb 3.77%
Suburb median $662,500 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $480/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Nearby
Area
Elizabeth Grove at a glance
2,719
People
$662,500
Median sale
$480/wk
Median rent
3.77%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Century 21 SouthCoast / City / NorthEastFeel a sense of luxury the moment you step foot inside this thoughtfully modified and renovated home, boasting beautiful open spaces and brand-new features throughout.
Offering sophisticated living at a modest price, in a peaceful location with a gum studded reserve across the road. A range of public and private schools, the Lyell McEwin Hospital and all convenient necessities near by, this is the perfect opportunity for investors, first time buyers and downsizers to snap up a great property offering incredible value!
All the work has been done and more from the new timber veneer flooring throughout, under floor heating throughout the living area and bedrooms, and brand new gloss white kitchen... to the large master bedroom with floor to ceiling tiled ensuite and brand-new second bathroom!
Features include:
-Open plan living area with electric fire heater and split system air conditioning
-Sparkling new kitchen with new appliances, four-door pantry, island bench, lots of cupboards, double bowl sink with water purifier and twin door fridge/freezer included
-Large master bedroom with fabulous wall-to-wall wardrobe and barn door into a new ensuite with floor to ceiling marble look tiles
-Second bedroom, also a great size with built in wardrobes
-Sparkling family bathroom with large shower and separate toilet
-Laundry nook in the back porch with access to the yard
-Huge, paved outdoor entertaining area including an outdoor sink with hot & cold water
-Further, fenced off yard space with tool shed and second storage shed
-Triple length carport with roller door and drive through access into a garage with power and ceiling fan
-16 panel, 3.5 kW solar system
-Window shutters with security grills
-New electric hot water service
-Two rainwater tanks for garden use
The yard offers so much potential with a separate space for the garden enthusiast to plant their sustainable veggie garden and fruit trees, children's play equipment or perhaps a space for an inground pool!
The owners have done a fabulous job with creating a cosy atmosphere for the new owners to thrive in. Don't miss this opportunity and contact Deidre today for any more information and to arrange an inspection.
Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein.
RLA 273693
Listing description written by Deidre Mastroyannis, Century 21 SouthCoast / City / NorthEast — reproduced as published, not verified by Districts.