Elizabeth South at a glance
3,150
People
$585,000
Median sale
$480/wk
Median rent
4.27%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
SA › Elizabeth South › Underdown Rd
$330,000
Last sold
18 Feb 2022
3
Bedrooms
1
Bathrooms
3
Car spaces
1,130 m²
Land
112 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
$330,000
18 Feb 2022 · derived via latest_sale
Local land rate: recorded House sales in Elizabeth South (last 5 years) with land size have a median of $823/m² of land (n=59). Districts calculation from recorded sales — not a valuation.
Elizabeth South at a glance
3,150
People
$585,000
Median sale
$480/wk
Median rent
4.27%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Elizabeth South
-43.6%
Median sale
Suburb $585,000
+3.29 pp
Gross yield
Suburb 4.27%
Suburb median $585,000 from 25 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 South at a glance
3,150
People
$585,000
Median sale
$480/wk
Median rent
4.27%
Suburb gross yield
Median sale from 25 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*
Virtual Tour Link: https://my.matterport.com/show/?m=WLMCWRcsGyy
To submit an offer, please copy and paste this link into your browser: https://airtable.com/shrBb12PXtTjyZAXm
Mike Lao, Tom Dunstan and Edge Realty are proud to present to the market this exciting offering that's bursting with potential. Whether you have renovation dreams or development aspirations, this is simply too good to miss.
Step inside, where the existing home offers three bedrooms and one bathroom along with a host of charming features throughout. There's a good-size lounge with air-conditioning and a fireplace while the kitchen is large enough to accommodate a dining area for casual meals.
A separate rumpus room extends the layout even further plus there's a central bathroom and a generous laundry to complete the internal floorplan. Outside, you'll find an oversized verandah with space to kick back, relax and host guests as the kids run free in the backyard.
The list of additional features goes on to include:
- A huge 1,130sqm block with enormous development potential (STCA)
- Room to renovate the current home, modernise and add your own touches
- An attached three-car tandem carport plus extra driveway parking space
- Ceiling fans in the main bedroom, lounge room and rumpus room
- Expansive, flat backyard with scope to transform it to suit your needs
Local shops, supermarkets and the Elizabeth South train station are all within easy walking distance as is the Elizabeth South Primary School, the Elizabeth Grove Junior Primary School and the St Mary Magdalene's School. You can jump in the car and drive just minutes to the popular Elizabeth City Centre while those who work in the CBD can be in the heart of the action in just 34 minutes by car.
Call Mike Lao or Tom Dunstan to inspect!
Year Built / 1962 (approx)
Land Size / 1,130sqm (approx)
Frontage / 18m (approx)
Zoning / HDN-Housing Diversity Neighbourhood
Local Council / City of Playford
Council Rates / $1,433.10 pa (approx)
Water Rates (excluding Usage) / $565.20 pa (approx)
Es Levy / $80.35 pa (approx)
Estimated Rental / TBA
Title / Torrens Title
Easements / Subject to Easement(s) Over the Land Marked A for Infrastructure - See Title
Internal Living / 112.6sqm (approx)
Total Building / 320.6sqm (approx)
Edge Realty 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.