Elizabeth Park at a glance
4,598
People
$616,000
Median sale
$518/wk
Median rent
4.37%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
SA › Elizabeth Park › Sullivan Rd
$393,000
Last sold
23 Sept 2023
2
Bedrooms
1
Bathrooms
3
Car spaces
785 m²
Land
67 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
$393,000
23 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Elizabeth Park (last 5 years) with land size have a median of $914/m² of land (n=85). Districts calculation from recorded sales — not a valuation.
Elizabeth Park at a glance
4,598
People
$616,000
Median sale
$518/wk
Median rent
4.37%
Suburb gross yield
Median sale from 26 recorded sales (last 12 months) — a Districts calculation.
Vs Elizabeth Park
-36.2%
Median sale
Suburb $616,000
+2.48 pp
Gross yield
Suburb 4.37%
Suburb median $616,000 from 26 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 $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.
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 Park at a glance
4,598
People
$616,000
Median sale
$518/wk
Median rent
4.37%
Suburb gross yield
Median sale from 26 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://bit.ly/3szKwcS
To 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 this charming abode that's perfectly suited to first-time buyers, downsizers and discerning investors alike. Currently tenanted with a periodic lease returning $320 per week, this is an easy-care, set-and-forget addition to any property portfolio.
Please note photographs of the property were taken in 2021 and are being reused as the property is currently tenanted.
For those wanting their first home and somewhere to call their own, you can't go past the easy-care lifestyle this abode offers. From entry you can move into the light filled lounge room with air conditioning and pine floorboards underfoot. The eager cook will instantly feel at home in the galley shaped kitchen with plenty of bench space either side, a freestanding electric cooktop and oven and you can host guests in the separate adjoining dining room with views over the front yard.
Both bedrooms are set off the main living area including the master bedroom with a built-in robe and serviced by the nearby bathroom with a combined showerbath.
A covered flat-roof verandah runs along the rear of the home providing the perfect place to start the day with your morning cup of coffee. Those with kids and a family pet will appreciate the size of this rear yard. This home would make the ideal family abode or rental-ready investment with everything the future residents could ever wish for.
Fantastic property features include:
- A large 785sqm approx fully fenced block
- Air conditioning and combustion heater in the lounge room
- Ceiling fans in the master bedroom and dining
- A single attached carport with drive through access to the separate garage
Residents will love this home's location, with easy access to Elizabeth City Shopping Centre, local parks and reserves including Olive Grove Wetlands and Freemont Park. Nearby schools include St Thomas Moore, Elizabeth Park Primary and Pinnacle College and for those looking to commute will find convenient access to Main North Road.
Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect!
Year Built / 1960 (approx)
Land Size / 785sqm (approx)
Frontage / 18.2m (approx)
Zoning / GN-General Neighbourhood
Local Council / City of Playford
Council Rates / $1,622.05 pa (approx)
Water Rates (excluding Usage) / $614.80 pa (approx)
Es Levy / $93.05 pa (approx)
Estimated Rental / $350 - $380 pw
Current Rental / Periodic Lease of $320 pw
Title / Torrens Title 5269/269
Easement(s) / Subject to Service Easement(s) Over the Land Marked (A) for Sewerage Purposes - See Title
Encumbrance(s) / Nil
Internal Living / 67.4sqm (approx)
Total Building / 151.4sqm (approx)
Construction / Solid Brick
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/S9JT79
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.