Elizabeth North at a glance
3,639
People
$607,500
Median sale
$464/wk
Median rent
3.97%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
SA › Elizabeth North › Knighton Rd
$399,000
Last sold
23 Mar 2024
3
Bedrooms
1
Bathrooms
1
Car spaces
657 m²
Land
155 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
$399,000
23 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Elizabeth North (last 5 years) with land size have a median of $746/m² of land (n=88). Districts calculation from recorded sales — not a valuation.
Elizabeth North at a glance
3,639
People
$607,500
Median sale
$464/wk
Median rent
3.97%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Vs Elizabeth North
-34.3%
Median sale
Suburb $607,500
+2.08 pp
Gross yield
Suburb 3.97%
Suburb median $607,500 from 34 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 $464/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 North at a glance
3,639
People
$607,500
Median sale
$464/wk
Median rent
3.97%
Suburb gross yield
Median sale from 34 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Para HillsNestled on a significant corner allotment of 657m², this original 1960s timber frame home offers a fabulous entry-level opportunity for younger buyers wishing to jump into the housing market with the mortgage proof security that the allotment could provide future development potential.
Investors and developers with a keen eye for a great location will certainly want to explore the sub divisional prospects of this unique allotment, while homebuyers who are ready to roll up their sleeves will reap the benefits of some maintenance and repairs.
The home features 3 spacious bedrooms across a generous traditional design. Floating floors and neutral tones flow throughout. A generous combined kitchen/living room is a great spot for everyday living. The kitchen features original timber cabinetry, raised breakfast bar, double sink, gas hotplates and ample cupboard space.
All 3 bedrooms are well proportioned with the master bedroom offering a built-in robe. A traditional main bathroom, separate toilet and walk-through laundry complete the interior.
A full width rear verandah provides a comfortable space to sit back and enjoy the great outdoors. A large back yard offers ample room for kids and pets and plenty of space for any future development or improvement.
In need of minor repairs and upgrades, this original offering will appeal to home buyers who are keen to pick up a paintbrush or developers wishing to explore the future use potential.
Briefly:
* 1960s timber framed home on generous corner allotment:
* Block size of approximately 657m²
* Home in need of minor maintenance and repairs
* Perfect opportunity for active upgraders or developers wishing to explore the development potential
* Open plan living/dining with kitchen adjacent
* Kitchen features original timber cabinetry, raised breakfast bar, double sink, gas hotplates and ample cupboard space
* Bright entrance foyer/sunroom
* 3 spacious bedrooms, main with built-in robes
* Traditional bathroom with shower over bath
* Separate toilet
* Original laundry with rear access door
* Full width rear verandah overlooking large backyard
* Plenty of space for any future improvements or extensions
Well-positioned in a great spot, close to local schools and public transport. Womma train station is a casual walk away and there a numerous bus routes nearby. There are several recreational parks and reserves in the area including Womma Park, Ramsey Park, Dauntsey Reserve and Argana Park.
Local educational facilities include Elizabeth North Primary School, (just around the corner), Elizabeth Downs Primary, Craigmore High School, Blakeview Primary School. Take your pick of excellent shopping at either Elizabeth Shopping Centre or Munno Para Shopping Centre.
A rare opportunity to acquire an affordable starter on a traditional allotment. Make your enquiry today!
*Please note that this property is currently tenanted.
Lease Type: Fixed
Lease End Date: 12/07/2024
Current Rent: $380 per week
For more information, contact Brijesh Mishra on 0430 140 905 or Monique Kingsada on 0402 041 637.
The Vendor's Statement (Form 1) may be inspected at 493 Bridge Road, Para Hills SA 5096 for 3 consecutive business days before the auction and at the auction for 30 minutes before it commences.
DISCLAIMER: We have in preparing this document using 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.
RLA 326570
Listing description written by Brijesh Mishra, Ray White Para Hills — reproduced as published, not verified by Districts.