Elizabeth South at a glance
3,150
People
$590,000
Median sale
$480/wk
Median rent
4.23%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
SA › Elizabeth South › Hannan St
$620,000–$650,000
For sale
Asking range
$332,000
Last sold
28 Apr 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
272 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
Asking
$620,000–$650,000
Asking range · $2,279/m² of land
Last recorded sale $332,000 (28 Apr 2022).
Local land rate: recorded House sales in Elizabeth South (last 5 years) with land size have a median of $805/m² of land (n=59). Districts calculation from recorded sales — not a valuation.
Elizabeth South at a glance
3,150
People
$590,000
Median sale
$480/wk
Median rent
4.23%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Elizabeth South
+5.1%
Median sale
Suburb $590,000
-0.20 pp
Gross yield
Suburb 4.23%
Suburb median $590,000 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$37,968 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Elizabeth South's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 4.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.
Area
Elizabeth South at a glance
3,150
People
$590,000
Median sale
$480/wk
Median rent
4.23%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by LJ Hooker Craigmore/ElizabethJames Frencken of LJ Hooker Craigmore | Elizabeth | Salisbury proudly presents this fantastic opportunity in the heart of Elizabeth South. Offering an appealing combination of comfortable living and low-maintenance convenience, this three-bedroom home is an ideal option for first-home buyers looking to enter the market or investors searching for their next addition to the portfolio.
This Torrens Titled home, built in 2014, offers a practical floorplan designed for easy everyday living. Three generous bedrooms provide plenty of accommodation, with built-in robes and ceiling fans to each, while the master bedroom enjoys the added convenience of its own ensuite.
At the rear of the home, the open-plan living and dining area creates a welcoming central space to relax or spend time with family and friends. Overlooking the living area, the kitchen is equipped with a gas cooktop, dishwasher and plenty of cupboard and bench space, keeping everything practical and within easy reach.
Sliding doors connect the main living area with the rear yard, providing a private, easy-care outdoor space without the maintenance that comes with a larger property. Heating and cooling ensures the home remains comfortable throughout the seasons.
Adding to the convenience is a secure single garage with an automatic roller door and internal access, making day-to-day living that little bit easier.
With a fixed-term tenancy in place until November 2026, the property offers an immediate rental return for investors, while also providing future flexibility for first-home buyers or owner-occupiers looking to make the home their own.
Location is another major drawcard, with Elizabeth City Centre just minutes away offering major shopping, supermarkets, caf�s, dining and everyday essentials. Local schools, public transport and recreational facilities are all within easy reach, while convenient access to major roads makes travelling throughout the northern suburbs and towards the Adelaide CBD simple.
Key features we love:
- Three generous bedrooms
- Built-in robes to all bedrooms
- Master bedroom with ensuite
- Ceiling fans to all bedrooms
- Spacious open-plan living and dining
- Functional kitchen with ample cupboard and bench space
- Gas cooktop
- Dishwasher
- Heating and cooling
- Secure single garage with automatic roller door and internal access
Specifications:
- CT / 6076 / 872
- Council / Playford
- Built / 2014
- Land / 272sqm (approx.)
- Estimated rental assessment / $570 - $600 per week
- Easements / SUBJECT TO EASEMENT(S) OVER THE LAND MARKED A TO THE MINISTER FOR INFRASTRUCTURE (T 1970489)
Please note: The property is currently leased on a fixed tenancy at $565 per week until November 2026.
Whether you're taking your first step into the property market or looking to grow your investment portfolio, this is an opportunity well worth considering in a convenient Elizabeth South location.
Contact James Frencken today on 0476 871 921 to secure this fantastic opportunity.
To make an offer, visit the link below:
https://www.cognitoforms.com/LJHookerCraigmore/LetterOfOfferToPurchaseResidentialLand
Disclaimer:
We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
RLA155355
Listing description written by James Frencken, LJ Hooker Craigmore/Elizabeth — reproduced as published, not verified by Districts.
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