Elizabeth Downs at a glance
5,557
People
$615,000
Median sale
$464/wk
Median rent
3.92%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
SA › Elizabeth Downs › Heard St
$425,000
Last sold
25 Mar 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
479 m²
Land
71 m²
Building
Districts View
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
$425,000
25 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Elizabeth Downs (last 5 years) with land size have a median of $893/m² of land (n=78). Districts calculation from recorded sales — not a valuation.
Elizabeth Downs at a glance
5,557
People
$615,000
Median sale
$464/wk
Median rent
3.92%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Vs Elizabeth Downs
-30.9%
Median sale
Suburb $615,000
+1.76 pp
Gross yield
Suburb 3.92%
Suburb median $615,000 from 49 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 $464/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
UnknownArea
Elizabeth Downs at a glance
5,557
People
$615,000
Median sale
$464/wk
Median rent
3.92%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Edge Realty*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*
Virtual Tour Link: https://my.matterport.com/show/?m=qZsTZFa138T
To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Mike Lao, Tyson Bennett and Edge Realty RLA256385 are proud to present to the market a classic brick maisonette nestled behind a shady tree, offering an outstanding opportunity for investors and first-home buyers alike. Currently tenanted and returning $380 per week in place until 6/7/2025, this well-maintained property offers both immediate rental income and future potential.
Step inside to be greeted by a light-filled lounge room, where reverse cycle air-conditioning ensures year-round comfort. The warm tones of Baltic pine floorboards flow seamlessly throughout the home, creating an inviting and timeless aesthetic. Venetian blinds add a touch of privacy while still allowing natural light to filter through.
The heart of the home is the eat-in kitchen, thoughtfully combined with the dining area to maximize space and functionality. A built-in pantry and original wooden cabinetry, freshly painted, adds ample storage. The laminate benchtops and electric appliances make meal preparation a breeze, all while enjoying a picturesque view of the backyard from the kitchen window.
Three spacious bedrooms are set off the hallway, offering generous proportions and flexibility for families, tenants, or those working from home. The bathroom and laundry are conveniently positioned at the rear of the layout, with a separate toilet adding to everyday practicality.
Heading outside, double gates provide access to the rear of the property, offering ample off-street parking. The backyard is a blank canvas, ready for the new owner to create an outdoor entertaining space (STCA), establish lush gardens, or design a play area for children and pets.
Key features you'll love about this home:
- Classic brick maisonette set behind a shady tree
- Light-filled lounge room with reverse cycle air-conditioning
- Baltic pine floorboards throughout
- Spacious eat-in kitchen with electric appliances and a built-in pantry
- Three generously sized bedrooms
- Double gates to the rear, providing ample off-street parking
Perfectly positioned for lifestyle and convenience, this property is just a short walk to the local bus stop and Elizabeth Downs Primary School is just across the road. Families will appreciate the proximity to Craigmore High School, while shoppers can enjoy easy access to Elizabeth Rise Shopping Centre, Munno Para Shopping Centre, and Craigmore Village Shopping Centre. Nearby recreational spots include Uley Playground, Munno Para Soccer Club, and Argana Park, ensuring plenty of options for weekend activities. With the Adelaide CBD approximately 40 minutes away, this is an opportunity not to be missed!
Whether you're an investor looking for a solid return or a first-home buyer eager to secure an affordable entry into the market, this home offers exceptional value.
Call Mike Lao on 0410 390 250 or Tyson Bennett on 0437 161 997 to inspect!
Year Built / 1960 (approx)
Land Size / 479sqm (approx - sourced from Land Services SA)
Frontage / 13.39m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Playford
Council Rates / $1,584.10 pa (approx)
Water Rates (excluding Usage) / $662.20 pa (approx)
Es Levy / $84.75 pa (approx)
Estimated Rental / $440-$480pw
Current Rental / Fixed lease of $380pw in place until 6/7/25
Title / Torrens Title 6026/562
Easement(s) / Subject to party wall rights & easement for infrastructure - See title
Encumbrance(s) / Nil
Internal Living / 71.8sqm (approx)
Total Building / 77.2sqm (approx)
Construction / Brick Veneer
Gas / Not Connected
Sewerage / Mains
Selling Investment
For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/nTlDY3
If this property is to be sold via Auction, the Vendors Statement (Form 1) may be inspected at the Edge Realty Office at 4/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts.
Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.edgerealty.com.au/
Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.
Listing description written by Mike Lao, Edge Realty — reproduced as published, not verified by Districts.
Nearby 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.