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SA › Elizabeth › Main North Rd

U7, 515A Main North Rd, Elizabeth SA 5112

For saleUnit

$369,000–$399,000

For sale

Asking range

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $369,000–$399,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $369,000–$399,000(Listing record · 17 Aug 2026)

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

The ask against the evidence

Asking

$369,000–$399,000

Asking range

No recorded sale for this property.

Elizabeth at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Elizabeth report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$369,000
Stamp Duty (South Australia)
$14,780
Transfer/Registration Fee
$3,713
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$391,193

$22,193 on top of the price (6.0% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

No rent is recorded for this listing. Enter a weekly rent to model yield.

Enter a purchase price and weekly rent to calculate yield.

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.

Open the full yield calculator →

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. Listed$369,000–$399,000available17 Aug 2026

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?

No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.

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.

0 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

    Unknown

    No advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.

  • 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 in one glance

Elizabeth at a glance

No data

Median sale

No data

Median rent

No data

Suburb gross yield

See the full Elizabeth report →

Keep researching

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

Listing material

Listed by Edge Realty

Secure & Central Ground Floor Gem!

*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*

Virtual Tour Link: https://my.matterport.com/show/?m=WT68JMSipPb

To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/

Read the full description

Mike Lao, Joshua Boyd and Edge Realty RLA256385 are proud to present to the market an inviting two bedroom ground floor apartment, offering an appealing combination of low maintenance living, security and everyday convenience. Set within a secure gated complex and constructed from solid block, the property is ideally suited to first home buyers and downsizers seeking an easy-care lifestyle, or investors looking to add a well-positioned property to their portfolio.

Step through into the comfortable lounge room, where soft carpet flooring creates a cosy atmosphere and air conditioning provides year-round comfort. Large windows welcome plenty of natural light, while direct access to the front verandah gives you a peaceful spot to sit back with your morning coffee and enjoy the leafy community outlook. The adjoining kitchen keeps everything within easy reach and allows the living spaces to flow naturally together.

Designed for practical everyday use, the U-shaped kitchen offers generous storage with a built-in pantry and overhead cupboards, complemented by Westinghouse electric appliances. A breakfast bar provides additional preparation space while creating a casual spot for quick meals or conversation.

Both bedrooms are comfortably proportioned and feature built-in robes and carpet flooring, giving you valuable storage without compromising on space. The combined bathroom and laundry makes clever use of the apartment's footprint, complete with a step-in shower, vanity, toilet and laundry trough.

Outside, residents can enjoy the shared community lawn and established surrounds, while a separate carport provides dedicated off-street parking. Secure gated entry adds another layer of peace of mind, particularly appealing for those seeking a convenient lock-up-and-leave lifestyle.

Key features you'll love about this home:

- Two bedroom ground floor apartment with solid block construction

- Secure gated complex

- Air-conditioned lounge with front verandah access

- U-shaped kitchen with Westinghouse electric appliances

- Built-in robes to both bedrooms

- Separate carport

Positioned at 515A Main North Road, the location places everyday essentials within easy reach. Walk to nearby bus stops, Elizabeth Railway Station and Elizabeth City Centre for shopping, dining and services. Schooling options are also conveniently located nearby, with zoning to Elizabeth North Primary School and Playford International. Adelaide CBD is approximately 40 minutes away, making this a well-connected base for work and leisure.

Call Mike Lao on 0410 390 250 or Joshua Boyd on 0487 888 178 to inspect!

Year Built / 1960 (approx)

Land Size / N/A

Frontage / 8.5m (approx)

Zoning / SInv-Strategic Innovation

Local Council / City of Playford

Council Rates / $1,543.88pa (approx)

Water Rates (excluding Usage) / $767.40pa (approx)

Es Levy / $77.15pa (approx)

Estimated Rental / $380-$410pw

Title / Secondary Community Strata 5952/954

Community Rates / $905.74pq - Administrative Fund $777pq and Sinking Fund $128.74pq

Easement(s) / For drainage purposes - See title

Encumbrance(s) / Nil

Internal Living / 53.2sqm (approx)

Total Building / 76.2sqm (approx)

Construction / Solid Block

Gas / Connected

Sewerage / Mains

Selling Investment

For additional property information such as the Certificate of Title, please copy and paste this link into your browser: https://vltre.co/gH1snC

If this property is to be sold via Auction, we recommend you review the Vendors Statement (Form 1) which can be inspected at the Edge Realty Office at 4/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts. Please contact us to request a copy of the Contract of Sale prior to the Auction.

Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.edgerealty.com.au/

Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in.

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.

Listing description written by Mike Lao, Edge Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Secure Parking
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.