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SA › Elizabeth South › Underdown Rd

62 Underdown Rd, Elizabeth South SA 5112

Semi-detached

$505,000

Last sold

30 Apr 2025

3

Bedrooms

1

Bathrooms

1

Car spaces

631 m²

Land

910.45 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 (30 Apr 2025).(Recorded sale)
  • CalculationRecorded Semi-detached sales in Elizabeth South (last 5 years) with land size: median $861/m² of land (n=5). 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

30 Apr 2025 · derived via latest_sale

Local land rate: recorded Semi-detached sales in Elizabeth South (last 5 years) with land size have a median of $861/m² of land (n=5). 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.

See the full Elizabeth South report →

Vs Elizabeth South

-13.7%

Median sale

Suburb $585,000

+0.67 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 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$505,00030 Apr 2025
  2. Listedprice unknowncompleted21 Apr 2025
  3. Soldprice unknown28 May 2021
  4. Listedprice unknowncompleted8 Apr 2021

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 $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.

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 South in one glance

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.

See the full Elizabeth South report →

Keep researching

  • Why Elizabeth South? Read the area thesis →
  • What else is on the market in Elizabeth South →
  • Other records on Underdown Rd →

Listing material

Listed by exp Australia SA

"Ideal Family Home - Affordable, Versatile, and Ready for First Home Buyers, Investors, or Downsizers!"

SOLD FOR $505,000 BY MISAL PATEL eXp REALTY

SOLD 35K ABOVE VENDOR'S EXPECTATION

Just two opens, received 3 Offers and SOLD within 10 days

Read the full description

I still have many buyers on my list who missed out on this property.

IF YOU ARE LOOKING TO SELL SIMILAR PROPERTY THEN PLEASE CALL ME ON 0450 405 353 TO GET ACCESS TO THOSE BUYERS WHO MISSED OUT ON THIS PROPERTY.

Presented by Misal Patel from eXp Realty, this charming home is ready to welcome its next owner - and it could be you! Looking for a place that's low on fuss and big on rewards? You've just found it!

Whether you're buying your first home, adding to your investment portfolio, or looking to downsize without giving up space, this place has everything you need to feel right at home. This lovely home offers an easy, low-maintenance lifestyle and a fantastic investment opportunity all in one.

Currently tenanted until 07/12/2025, it's bringing in a solid $940 per fortnight, giving you instant returns and peace of mind from day one.

Set in a great spot in Elizabeth South, close to shops, schools, parks, and transport, it's a perfect fit for:

• Young families ready to grow

• First home buyers thinking ahead

• Investors wanting a hassle-free property with great returns

Whether you're looking to build your future, grow your portfolio, or secure a stress-free home, this is a place you'll feel good about.

The Location's a Winner Too

Set in a friendly, well-connected pocket of Elizabeth South, you're close to shops, schools, parks, and public transport - everything you need is right around the corner.

Endless Possibilities

This is a home with heart and loads of potential. The block size means there's room to extend (STPC), start a garden, or simply enjoy having extra space outside.

Ready When You Are

Homes like this don't stay on the market for long. It's easy to imagine yourself living here - making memories, growing, and enjoying every moment.

Features You'll Love:

✔ Low maintenance front and large back yard

✔ Reverse cycle split A/C in all bedrooms, lounge and dining area

✔ Roller Shutters for added security.

✔ 3 Comfy bedrooms with plenty of natural light

✔ Spacious living area - perfect for family time or relaxing on your own

✔ Plenty of parking space and room to grow

✔ Separate bathroom, laundry, and w/c

✔ Kitchen with free standing electric cooktop, oven, built-in pantry & ample storage

✔ Solar Panels for energy efficiency

✔ Fully fenced for added security.

✔ Security cameras installed throughout the property

✔ Prime Location & Investment Potential

Specifications:

📍 CT: 5306/718

📍 Council: Playford

📍 Year Built: 1962

📍 Land Size: 631m² (approx.)

📍 Dwelling Size: 119m² (approx.)

📍 Council Rates: $1,715.00 p.a. (approx.)

📍 SA Water: $250.00 p.q. (approx.)

________________________________________

📞 Give Misal Patel a call on 0450 405 353 to book your inspection - we'd love to show you around!

Why Choose eXp Realty?

🏆 eXp Realty is the fastest-growing real estate company globally, with over 90,000 agents across 24 countries. In just three years, we've become SA's #1 agency, offering more service, more value, and more teamwork. Thinking of selling? Call Misal Patel to save thousands in fees and put more money in your pocket!

📩 Interested?

•Submit an Offer: https://form.jotform.com/233381997672875

•Find Out Your Property's Worth: https://form.jotform.com/233022647210847

•Contact Us: For further details or to arrange a no-obligation property appraisal, call Misal Patel on 0450 405 353

📢 Disclaimer: We have obtained all information from sources we believe to be reliable. However, we cannot guarantee its accuracy, and no warranty is given regarding its correctness. Neither the Vendors nor their Agent accept responsibility for errors or omissions. Buyers should conduct their own due diligence and seek professional advice.

Listing description written by Misal Patel, exp Australia SA — reproduced as published, not verified by Districts.

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.