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SA › Flagstaff Hill › Elgin Way

38 Elgin Way, Flagstaff Hill SA 5159

House

$1,075,000

Last sold

11 Jan 2026

4

Bedrooms

2

Bathrooms

2

Car spaces

1,070 m²

Land

143 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,075,000 (11 Jan 2026).(Recorded sale)
  • CalculationLand 1,070 m² against a 143 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Flagstaff Hill (last 5 years) with land size: median $1,326/m² of land (n=124). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,075,000

11 Jan 2026 · derived via latest_sale

Local land rate: recorded House sales in Flagstaff Hill (last 5 years) with land size have a median of $1,326/m² of land (n=124). Districts calculation from recorded sales — not a valuation.

Flagstaff Hill at a glance

10,582

People

$1,115,000

Median sale

$667/wk

Median rent

3.11%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Flagstaff Hill report →

Vs Flagstaff Hill

-3.6%

Median sale

Suburb $1,115,000

+0.12 pp

Gross yield

Suburb 3.11%

Suburb median $1,115,000 from 60 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,075,00011 Jan 2026
  2. Listedprice unknowncompleted19 Nov 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $667/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Flagstaff Hill in one glance

Flagstaff Hill at a glance

10,582

People

$1,115,000

Median sale

$667/wk

Median rent

3.11%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Flagstaff Hill report →

Keep researching

  • Why Flagstaff Hill? Read the area thesis →
  • What else is on the market in Flagstaff Hill →
  • Other records on Elgin Way →

Listing material

Listed by Ray White Flagstaff Hill

Charming Family Haven in Peaceful Flagstaff Hill

Welcome to 38 Elgin Way, Flagstaff Hill - a warm and welcoming family haven positioned in one of the suburb's most tightly held and highly sought-after pockets. Built in 1983 and beautifully maintained, this residence delivers the perfect combination of space, comfort and lifestyle convenience. Set within a peaceful, leafy neighbourhood and perfectly poised to capture elevated views overlooking the stunning Sturt Gorge through to the ocean, it offers an ideal retreat for families looking to settle into a quiet, community-focused location.

Step inside and you'll immediately appreciate the thoughtful layout designed with family living in mind. Multiple living zones create flexibility for both relaxation and entertaining, ensuring everyone has room to spread out. Large windows bathe the living areas in natural light, while timber-look flooring adds a modern touch and enhances the home's warm, welcoming feel.

The carpeted bedrooms provide comfort and privacy, with the master bedroom featuring its own ensuite and walk in robe - sought-after additions for busy households. Bedrooms 2 and 3 are also well-appointed, each fitted with built-in wardrobes.

Read the full description

At the heart of the home lies the updated and functional kitchen, equipped with a gas cooktop, dishwasher and ample storage. A large picture window captures beautiful elevated views, which are also enjoyed from the adjacent living area, creating a bright and inviting central hub for daily living. Perfectly positioned, the kitchen overlooks the dining space and flows seamlessly to the outdoor entertaining area, where the covered pergola invites year-round enjoyment - from weekend BBQs and morning coffees to simply unwinding while overlooking the beautifully landscaped gardens.

The solid brick facade and attractive street appeal set the tone for what's inside, while the feature gas fireplace in the spacious living zone creates a cosy ambience during the cooler months - ideal for family movie nights or quiet evenings in.

Extra Features You'll Love:

- Located in a quiet, tightly held Flagstaff Hill pocket

- Flexible family floorplan with multiple living areas

- Light-filled interiors with large windows

- Modern kitchen with gas cooktop and dishwasher

- Master bedroom complete with private ensuite

- Cosy feature gas fireplace for winter warmth

- Ducted reverse cycle air conditioning throughout

- Spacious outdoor pergola for year-round entertaining

- Beautifully landscaped, low-maintenance gardens

- 5kW solar system to help reduce energy bills

- Storage shed

- Double carport with convenient access

- Zoned for Flagstaff Hill Primary and Aberfoyle Park High School

- Built in 1983

- 1070sqm (approx.) allotment

Positioned in a peaceful, family-friendly pocket, this home offers more than just a beautiful setting - it delivers everyday convenience as well. With direct access to scenic walking trails throughout Sturt Gorge, weekend adventures are right at your doorstep. The property is also just moments from the Flagstaff Hill Shopping Centre, making daily errands effortless, and is close to a selection of reputable kindergartens and quality schools, ensuring an ideal environment for growing families.

Don't miss this opportunity to secure a beautifully maintained family home in a sought-after location - a lifestyle of comfort, convenience and community awaits.

For more information contact Sam Conlen on 0432 379 733 or Tara Witham on 0421 953 033.

Disclaimer - Every precaution has been taken to establish the accuracy of the material herein. Prospective purchasers should not confine themselves to the contents but should make their own enquiries to satisfy themselves in all respects. Ray White Flagstaff Hill will not accept any responsibility should any details prove to be incomplete or incorrect - RLA 284838

Listing description written by Sam Conlen, Ray White Flagstaff Hill — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.