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 › Mahood St
$385,000
Last sold
9 Jan 2024
3
Bedrooms
1
Bathrooms
3
Car spaces
530 m²
Land
206 m²
Building
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
$385,000
9 Jan 2024 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Elizabeth Grove (last 5 years) with land size have a median of $694/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
-41.9%
Median sale
Suburb $662,500
+2.71 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.
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 Edge RealtyTo submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market this easy-care home set within a peaceful locale offering a life of convenience. Situated on a 530sqm approx block, this three-bedroom, one-bathroom abode will delight first-time buyers, young families and downsizers alike. The property is currently tenanted on a fixed lease returning $400 per week.
Please note photographs of the property were taken in 2017 and are being reused as the property is currently tenanted.
A vibrant front yard adds instant street appeal and welcomes you to the property. Upon entry, you'll enter through the front living room with all you need for a cosy family movie night. There's split system air-conditioning, built-in shelves and carpet flooring underfoot.
The neat-and-tidy U-shaped kitchen features laminate benchtops, overhead cupboards, electric appliances plus there's a 1.5 sink for added functionality. Adjacent to the kitchen is the spacious meals area which has a skylight and ceiling fan.
All three bedrooms set to one side of the floorplan and feature carpet flooring and ceiling fans, plus the master is fitted with a mirrored built-in robe. At the rear of the layout, you'll find the laundry and bathroom with a separate toilet to accommodate busy households.
Outside there is a spacious verandah where you can fire up your BBQ and host guests no matter the weather outside. The expansive backyard has plenty of scope to extend the outdoor entertaining area or add a workshop (STCA) or you can simply enjoy the space on offer as is.
Property features:
• Split-system air-conditioning in the living space
• Ceiling fan in the meals and all 3 bedrooms
• Abundance of parking space on the driveway and triple carport
• Rear verandah for all weather outdoor entertaining
• Roller shutters for added privacy
• Storage shed in the rear yard
Ideally situated on a generously sized lot, you'll be close to plenty of parks and reserves, so you can enjoy leisurely walks in nature. Schools like Elizabeth Vale Primary School, Elizabeth Vale Primary Child-Parent Centre, Nido Early School and Goodstart Early Learning are also nearby. This home offers a low-maintenance lifestyle for anyone looking to relax, as well as a great investment opportunity with excellent ROI potential, so don't miss out!
Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!
Year Built / 1962 (approx)
Land Size / 530sqm (approx - sourced from Land Services SA)
Frontage / 11.51m (approx)
Zoning / HDN-Housing Diversity Neighbourhood
Local Council / City of Playford
Council Rates / $1,550.50 pa (approx)
Water Rates (excluding Usage) / $614.80 pa (approx)
Es Levy / $88.50 pa (approx)
Current Rental / Fixed lease of $400 pw until 22/9/24
Title / Torrens Title 5196/65
Easement(s) / Subject to Party Wall Right(s) Over the Land Marked A & B - See title
Encumbrance(s) / Nil
Internal Living / 83.42sqm (approx)
Total Building / 206.34sqm (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/iKDhqp
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.
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