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 › Goodman Rd
$301,000
For sale
Asking
5
Bedrooms
2
Bathrooms
1
Car spaces
1,056 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
$301,000
Asking · $285/m² of land
No recorded sale for this property.
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
$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
-49.0%
Median sale
Suburb $590,000
+4.06 pp
Gross yield
Suburb 4.23%
Suburb median $590,000 from 24 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$18,163 on top of the price (6.0% 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.
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 8.3%. 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
$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 Ray White Gawler EastProudly presented to the market by Bailey Truscott of Ray White Gawler East/Angle Vale, 92 & 94 Goodman Road, Elizabeth South presents an outstanding opportunity for investors, developers, extended families or savvy buyers seeking exceptional value and future potential. Offering two residences on a single title, this unique property combines immediate versatility with exciting development possibilities, all positioned on a generous allotment in a convenient and well-established location.
Inside, both homes offer practical accommodation with a functional layout designed for easy everyday living. Featuring five well proportioned bedrooms across the property, each room is complemented by attractive timber flooring that flows throughout, creating a warm and inviting feel while offering durability and low maintenance appeal.
With Dual Kitchen, meals and living areas, providing a welcoming space for families or tenants to relax and entertain. The generous living zone is enhanced by a split system air conditioner, ensuring year round comfort regardless of the season. The open design allows for excellent natural light while maintaining a practical layout suited to modern lifestyles.
Servicing the home is a functional bathroom, accompanied by a separate toilet for added convenience, while the laundry provides direct access to the rear of the property.
What truly sets this property apart is its exceptional versatility. With dual living on one title, buyers have the flexibility to accommodate extended family, generate dual rental income, or explore the exciting subdivision potential (subject to council consent). Whether you're looking to expand your investment portfolio, secure a property with future development potential, or simply take advantage of a rare offering with multiple income streams, this is an opportunity that is becoming increasingly difficult to find.
Additionally:
Year Built - 1961 (approx.)
Wall Construction -Brick
Land Size - 1,.056m2 (approx.)
Floor Area - 170sqm (approx.)
Frontage - 28.2m (approx.)
Zoning - EN - Established Neighbourhood
Local Council - Playford
Estimated Rental Return if work completed up to a rentable condition:
92 Goodman Road - $400.00 - $420.00 p/w
94 Goodman Road - $430.00 - $450.00 p/w
Water Rates (excluding Usage) - $176.30 qtr. (approx.)
Easement(s) - Yes
Encumbrance(s) - No
Sewerage - Mains
Conveniently located close to schools, shopping centres, public transport and a range of local amenities, this property delivers the perfect combination of lifestyle, investment appeal and future growth potential. Opportunities offering this level of flexibility are few and far between, making 92 & 94 Goodman Road a property well worthy of your inspection. Contact Bailey Truscott 0452 267 602 or Skyla White 0472 579 198 of Ray White Gawler East/Angle Vale today.
To submit an offer on this home, click here - https://forms.monday.com/forms/9adc430e5e52b7ec86ac39e65709ab84?r=apse2
Want to find out where your property sits within the market? Have one of our multi-award-winning agents come out and provide you with a market update on your home or investment!
Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However, 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.
Ray White Gawler East/Angle Vale
RLA 327 615
Listing description written by Bailey Truscott, Ray White Gawler East — reproduced as published, not verified by Districts.