Elizabeth South at a glance
3,150
People
$590,000
Median sale
$480/wk
Median rent
4.23%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
SA › Elizabeth South › Philip Hwy
$491,000
Last sold
9 Oct 2023
3
Bedrooms
1
Bathrooms
3
Car spaces
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
$491,000
9 Oct 2023 · derived via latest_sale
Elizabeth South at a glance
3,150
People
$590,000
Median sale
$480/wk
Median rent
4.23%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Vs Elizabeth South
-16.8%
Median sale
Suburb $590,000
+0.85 pp
Gross yield
Suburb 4.23%
Suburb median $590,000 from 24 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
$590,000
Median sale
$480/wk
Median rent
4.23%
Suburb gross yield
Median sale from 24 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by First National Real Estate SalisburyAUCTION 9TH SEPTEMBER 2023 AT 1PM - ON-SITE
Having been tightly held for 50+ years, this beloved family home is ready for its next chapter in life. Situated on a desirable 822 sqm (approx) allotment with an approximate 17.98m frontage, those looking to reap the residential or commercial benefits (subject to council consent) will have their needs catered for!
Upon entry, guests are greeted with the sizable living area, which leads through to the kitchen and dining area. All three bedrooms offer a suitable amount of space for potential office use, or simply for the purpose of a bedroom. Bedroom 1 features a ceiling fan as well as a boxed air conditioner. A three-way bathroom can be found with a separate toilet, shower and bathroom providing family convenience. Heating and cooling is catered for by a split-system air conditioning unit in the living area as well as multiple ceiling fans throughout the home.
Those looking for a spacious and open space to store their beloved cars or tools will not be let down. Externally the home presents an extensive 4 metre high (approx) carport area secured by an electric roller door, with an additional secured double car garage and extended workshop on the right. An undercover verandah fan provides an exceptional space to relax or to celebrate some of life's achievements as well as a lawn space, suitable for the kids or pets to run amuck.
Additional features we love include:
Plenty of kitchen storage space
Numerous large rainwater tanks
Potential for commercial use (subject to council consent)
Roller Shutters located on all external windows
Location location location is often spruiked in Real Estate in which this home ticks all the boxes for. Major shopping is on offer at the nearby Elizabeth Shopping Centre, as well as additional shopping at the Munno Para Shopping City & Parabanks Shopping Centre. Nearby schooling includes Elizabeth South Primary, Playford International College, Elizabeth Grove Primary and St Mary Magadelenes School. A short walk away is the Ridley Reserve, offering local sporting facilities, as well as the SANFL Central Districts Football Club.
Opportunities along the Philip Highway are extremely hard to come by, so come and inspect the property to imagine the possibilities!
Vendors Statement: The vendor's statement (Form 1) may be inspected at the First National Salisbury office located at 2/10 Commercial Road, Salisbury for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.
Year Built // 1964
Build Type // Solid Brick
Land Size // 822 sqm (approx)
Frontage // 17.98 metres (approx)
Zoning // HDN - Housing Diversity Neighbourhood
Council Rates // $1681.95 per annum
Water Rates // $153.70 per annum
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 representative is given or made as to the correctness of information supplied and neither the owners nor 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 Michael Janda, First National Real Estate Salisbury — reproduced as published, not verified by Districts.
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