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SA › Elizabeth East › Enterprise Rd

50 Enterprise Rd, Elizabeth East SA 5112

House

$505,000

Last sold

6 June 2024

4

Bedrooms

1

Bathrooms

1

Car spaces

365 m²

Land

139 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 $505,000 (6 June 2024).(Recorded sale)
  • CalculationRecorded House sales in Elizabeth East (last 5 years) with land size: median $808/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

$505,000

6 June 2024 · derived via latest_sale

Local land rate: recorded House sales in Elizabeth East (last 5 years) with land size have a median of $808/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

-25.8%

Median sale

Suburb $681,000

+1.37 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$505,0006 June 2024
  2. Listedprice unknowncompleted27 May 2024

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 Enterprise Rd →

Listing material

Listed by Edge Realty

Your Perfect Retreat Begins in Elizabeth East!

*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=XhAZDXDmXzc

To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/

Read the full description

Mike Lao, Tyson Bennett and Edge Realty RLA256385 are proud to present to the market this delightful three-four bedroom family home that is ready for you to move in and start making memories. Step inside and discover an abode that exudes warmth and welcomes you to a low-maintenance life of comfort and style. Conveniently nestled in the serene suburb of Elizabeth East, this property is ideal for first home buyers, families, or investors looking for a solid investment opportunity.

There are three bedrooms situated towards the front of the home. The master bedroom contains an aesthetic bay window, walk-in robe, vertical blinds, carpet flooring and direct access to the functional 2-way bathroom, ensuring convenience and privacy. The other two bedrooms have built-in robes, vertical blinds, comfortable carpet flooring, and bedroom 3 has a skylight installed enhancing the space. The shared bathroom contains a single shower, vanity, toilet and a corner soaking tub.

The open-plan family room has a Fujitsu split system air conditioning unit to keep you comfortable year-round. Batten lights, vertical blinds and plush carpet underfoot complete this space. From here you can step into the kitchen and meals area, or directly into the study, which is currently being utilised as a fourth bedroom.

In the galley layout kitchen you'll find a built-in pantry for extra storage, a Westinghouse ceramic hotplate cooktop and electric oven, durable laminate cabinetry and benchtops, a breakfast bar and island bench - providing a practical and functional space for all your culinary needs. The meals area also has a sliding door to the fully-fenced backyard where the kids and pets can play safely.

Key features you'll love about this home:

• Fujitsu reverse-cycle split system air conditioning unit in family room

• Kitchen with Westinghouse electric appliances and an island bench

• Corner soaking tub in bathroom

• Low maintenance gardens

• Single carport with automatic roller door and internal access

• NBN ready

A short walk from this family home will take you to Pinnacle College, Elizabeth East Primary School and the picturesque Fremont Park with a playground and walking paths. For absolute convenience, the Elizabeth City Centre and Elizabeth train station are also nearby along with bus stops, dining options and easy access to Main North Road ensures a seamless 40-minute drive to the Adelaide CBD.

Call Mike Lao on 0410 390 250 or Tyson Bennett on 0437 161 997 to inspect!

Year Built / 2013 (approx)

Land Size / 365sqm (approx - sourced from Land Services SA)

Frontage / 15.80m (approx)

Zoning / GN - General Neighbourhood

Local Council / City of Playford

Council Rates / $1,801.10 pa (approx)

Water Rates (excluding Usage) / $614.80 pa (approx)

Es Levy / $108.20 pa (approx)

Estimated Rental / $460 - $510 pw

Title / Torrens Title 6080/154

Easement(s) / Service easements for sewerage purposes to SA Water - See Title

Encumbrance(s) / Nil

Internal Living / 139.8sqm (approx)

Total Building / 163.6sqm (approx)

Construction / Brick Veneer

Gas / Not Connected

Sewerage / Mains

For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/3pHNvN

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.

Property features

  • Air Conditioning
  • Built-in Robes
  • Secure Parking
  • Toilets: 1

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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.