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 › Ridley Rd
$695,000–$725,000
For sale
Asking range
$565,000
Last sold
22 July 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
870 m²
Land
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
Asking
$695,000–$725,000
Asking range · $799/m² of land
Last recorded sale $565,000 (22 July 2024).
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
+18.8%
Median sale
Suburb $585,000
-0.68 pp
Gross yield
Suburb 4.27%
Suburb median $585,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$42,933 on top of the price (6.2% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Elizabeth South's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 3.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Ray White Tea Tree GullySolid Brick Starter - Extensive Shedding - 870m² Corner Block
Ideally positioned in a family friendly, low traffic street, just a short walk to Elizabeth City Centre this sensational solid brick home presents an ideal opportunity for the active growing family or a desirable 'buy and hold' solution for your investment portfolio.
The home offers 3 spacious bedrooms and ample living area across a traditional design, along with a solid brick rumpus/games room and a galvanised iron garage, providing a plethora of future use opportunity for the home handyman, collector, car enthusiast or tradesman.
Wise entrepreneurs may wish to explore the subdivision potential of the generous corner allotment while homebuyers will be happy to purchase now and enjoy the mortgage proof security that this extensive landholding offers.
The home has offers quality floor coverings and neutral tones throughout. Relax in a spacious carpeted living room with ceiling fan or step on through to a combined kitchen/dining room where sleek floating floors and functional amenities offer a great space for your daily cooking and dining.
All 3 bedrooms are well proportioned, all with fresh quality carpets. The master bedroom provides a built-in robe with mirror panel doors and ceiling fan. Bedroom 2 features a built-in robe and handy storage cupboards.
A bright and cozy bathroom with walk-in shower plus a separate toilet and walk-through laundry complete the interior.
The fun begins outdoors where a full width rear verandah provides a great space for your alfresco living, all overlooking massive lawn covered back yard where there's plenty of room for kids, pets and future improvements.
A solid brick rumpus room offers a fabulous area for your home entertainment, or the perfect space for a work from home office. A large oversized garage/workshop with auto roller door will provide plenty of secure space for your valuable vehicles, plus there is dual access gates to the rear yard.
Invest for success, plan your future subdivision or seize the opportunity for affordable large allotment living. This one is well worth your inspection.
Briefly:
* Traditional solid brick residence on generous 870m² corner allotment
* Affordable start-up opportunity, ideal investment or future subdivision (STCC)
* Spacious main home plus separate games room and oversized double garage/workshop
* Generous living room with heater and ceiling fan
* Combined kitchen/dining with functional amenities, floating floors and ample natural light
* 3 generous bedrooms, all with fresh quality carpets
* Bedroom 1 with ceiling fan and built-in robes (mirror panel doors)
* Bedroom 2 with built-in robe, dresser, cupboard and shelving
* Functional bathroom with walk-in shower
* Separate toilet and traditional laundry with exterior access
* Full width rear verandah overlooking the large lawn covered rear yard
* Detached games room/rumpus/home office/gym
* Oversized double garage/workshop with auto roller door
* Ducted evaporative cooling
* Potential Packed with future use possibilities
* Affordable and desirable first home
Located on a quiet street amongst other similar homes. Elizabeth Shopping Centre is just up the road for your weekly shopping and public transport to the city, plus there are numerous bus & train stops nearby.
Central District Football Club & Ridley Road sports grounds are just around the corner, along with several other parks and reserves in the area including The Playford Tennis Centre, Womma Park, Ramsey Park, Dauntsey Reserve and Argana Park.
The zoned Primary School is Kaurna Plains School & the designated High School for this address is Playford International College, both just a short walk away.
DISCLAIMER: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
RLA356785
Listing description written by Deep Solanki, Ray White Tea Tree Gully — reproduced as published, not verified by Districts.