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 › Underdown Rd
3
Bedrooms
1
Bathrooms
1
Car spaces
589 m²
Land
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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Elizabeth South (last 5 years) with land size have a median of $814/m² of land (n=60). 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.
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
$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 LJ Hooker Craigmore/ElizabethPRICE CHANGE - $930,000 - $ 960,000 FOR BOTH or $465,000 - $480,000 EACH
An exceptional opportunity to secure a large portion of land (almost 1200m2 approx.) with two rental returns, and both properties on separate torrens titles.
Location, land, limitless potential. On offer here is the opportunity to secure a significant portion of real estate in an ever growing area. You have the choice to buy both blocks or either one, depending on your budget. Option A opens the door to future subdivision and development (STCC), while option B allows savvy investors the chance to maximise rental yield and enjoy some of the highest capital growth rates in the state.
Both properties are in an extremely neat condition, considering their age, with updated kitchens and well maintained spaces. Other highlights include an updated roof to both, solar panels on the roof on 68, and gated access to the rear of both.
It is with great pleasure that LJ Hooker Craigmore | Elizabeth, Steve Jacobs and Bradley Clarke present this unique opportunity to the public, with the utmost intention to give each and every buyer the best opportunity to secure the home. If you have any questions not covered in this outlay, please do not hesitate to contact Bradley on 0422 070 240
Location highlights:
- Convenient access to the Northern Connector, taking only 40 minutes to arrive in the city
- A leisure stroll to the magnificent Mofflin Reserve
- Around the corner from local schools for easy morning commutes
- Close to your local Woolworths for all your daily essentials, while local eateries and takeaway shops are dotted throughout the area
- A quick 5-minutes to Elizabeth Shopping Centre for all your major brand name shopping outlets, caf�s and entertainment options
These are both currently tenanted, 66 Underdown at $350 per week on a periodic lease, and 68 Underdown at $380 per week on a fixed lease until August 2025
Specifications:
CT / 6070 / 818,819
Council / Playford
Zoning / GN
Built / 1962
Land / 589m2 (66 Underdown), 595m2 (68 Underdown)
Council Rates / TBA
Emergency Services Levy / TBA
SA Water / $165.55pq approx
Estimated rental assessment: $410 - $430 p/w (Written rental assessment can be provided upon request)
Nearby Schools / Elizabeth Vale Primary School, St Mary Magdelene's School, Elizabeth South Primary School
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.
RLA155355
Listing description written by Bradley Clarke, LJ Hooker Craigmore/Elizabeth — reproduced as published, not verified by Districts.