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SA › Elizabeth East › Spruance Rd

41 Spruance Rd, Elizabeth East SA 5112

House

$460,000

Last sold

27 Oct 2023

3

Bedrooms

2

Bathrooms

2

Car spaces

826 m²

Land

226 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 $460,000 (27 Oct 2023).(Recorded sale)
  • CalculationRecorded House sales in Elizabeth East (last 5 years) with land size: median $811/m² of land (n=99). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$460,000

27 Oct 2023 · derived via latest_sale

Local land rate: recorded House sales in Elizabeth East (last 5 years) with land size have a median of $811/m² of land (n=99). Districts calculation from recorded sales — not a valuation.

Elizabeth East at a glance

4,795

People

$681,000

Median sale

$518/wk

Median rent

3.96%

Suburb gross yield

Median sale from 51 recorded sales (last 12 months) — a Districts calculation.

See the full Elizabeth East report →

Vs Elizabeth East

-32.5%

Median sale

Suburb $681,000

+1.90 pp

Gross yield

Suburb 3.96%

Suburb median $681,000 from 51 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$460,00027 Oct 2023
  2. Listedprice unknowncompleted17 Oct 2023

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 $518/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

Elizabeth East in one glance

Elizabeth East at a glance

4,795

People

$681,000

Median sale

$518/wk

Median rent

3.96%

Suburb gross yield

Median sale from 51 recorded sales (last 12 months) — a Districts calculation.

See the full Elizabeth East report →

Keep researching

  • Why Elizabeth East? Read the area thesis →
  • What else is on the market in Elizabeth East →
  • Other records on Spruance Rd →

Listing material

Listed by exp Australia SA

Charming 3-Bed Home On a Corner Block of 826m2 (Approx) with Convenient Location

Nestled within the heart of Elizabeth East, this charming 1960-built corner block home spans across 826 m², offering a comfortable and convenient lifestyle for families. With an array of appealing features, this property presents an excellent opportunity for anyone looking for a delightful place to call home.

Features:

- Embrace the joy of cooking with the electric cooktop featured in the spacious kitchen, ideal for preparing delightful meals for the family.

Read the full description

- Take advantage of the cost-saving benefits provided by the 3.5kW solar power system, ensuring efficient and sustainable energy consumption throughout the year.

- Relax and unwind in the inviting lounge area, featuring a practical split for creating the perfect indoor climate and ambiance to suit your preferences.

- Make the most of the practical storage shed, catering to all your household storage needs and providing ample space for any additional storage requirements.

- Enjoy the convenience of a 3-phase power supply, ensuring you're prepared for any power needs and equipped for a variety of electrical demands.

- Experience the luxury of the lush and spacious rainwater tank, boasting an impressive 22.5k litres of water capacity, conveniently plumbed to the house to meet your water usage needs seamlessly.

Strategically positioned to offer easy access to a host of local amenities, including the esteemed Elizabeth East Primary School, a nearby chemist, and a tennis court, this property provides the perfect blend of comfort and convenience. Boasting the added protection of strategically placed termite stations, this home provides peace of mind and security for your family's future.

Superbly located in the Increasingly popular suburb of Elizabeth east, this well cared for, 1960 constructed home, offers endless amounts of space across a brilliant layout, don't miss out and call us today! For more information contact

Krish Gajera 0425 132 642. We look forward to speaking with you!

Please call us to request Private inspection

I look forward to meeting with you at our next open home & making your property aspirations a reality HERE!

If You Would like to Submit an Offer, Please Use this This link

https://bit.ly/3r3UfDs

If you would like to find out How Much Your House worth, Please click this link

https://www.jotform.com/build/220442851157856

Year built: 1960

Land size: 826 sqm (approx.)

Dwelling size: 263 sqm (approx.)

Council Rate:$1600/Annually (Approx)

Water rate:200/Quarter (Approx)

Emergency levy:$150/Year(Approx)

Council: Playford

Auction Details & Transparency:

Mark your calendar for Sunday, 5th Nov 4.30 PM , and be part of the auction event. Bidders' registration commences at 4.0 pm, followed by the auction at 4.30PM. The vendor's statement (Form-1) will be available online (Under Statement of information) for at least 3 consecutive business days before the auction.

Explore this unique offering, where possibilities are as vast as the land itself. To submit an offer or learn more, visit link.

For inquiries and further details, reach out to Krish Gajera at 0425 132 642 and Albir singh at 0466 452 087. We're excited to help you seize this rare opportunity.

RLA 300 185/ RLA 313008

Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify and ensure the accuracy of the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their investigation

Listing description written by Krish Gajera, exp Australia SA — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 1
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.