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Overview
Situated in the highly sought-after suburb of Elizabeth Park, this property offers a compelling opportunity for investors seeking a well-located asset with steady rental income. Positioned directly opposite open parkland, the home benefits from a tranquil outlook and excellent proximity to local amenities including Craigmore Shopping Village, Elizabeth City Centre, and Munno Para Shopping Centre, all easily accessible by short drives.
Set on a generous 636 square meter allotment, the property currently features three bedrooms equipped with ceiling fans, optimising comfort throughout the living areas. Additional climate control is thoughtfully catered for with ducted evaporative cooling, a wall-mounted air conditioner, and gas wall heating, ensuring comfort in all seasons.
The galley-style kitchen provides ample cabinetry, facilitating efficient storage and meal preparation, and leads through to adjoining laundry and bathroom spaces, arranged for convenient access. Internally, a central hallway efficiently connects the various living and sleeping areas, maximising functional flow within the residence.
Security and ease of access feature prominently with the front entry secured behind a gated carport inclusive of a roller door, while a second carport offers supplemental undercover parking. Outdoor enthusiasts will appreciate the expansive rear yard complete with verandah, side pergola, and two tool sheds, enhancing the property's practicality and potential for outdoor use.
Currently tenanted until 4th October 2026 at a rental return of $480 per week, this home is positioned to attract investors looking for a reliable income stream with the option of future owner occupation once available. A well-maintained asset in a vibrant location, this property represents a sound addition to an investment portfolio.
Local Market Insights
In Elizabeth Park, Quiet Listings observed 37 new houses entering the market over the last 30 days, down from 44 during the previous 30-day period, with an average advertised asking price of $618,919. The property type mix of listed properties is predominantly Houses at 91%, followed by land (9%). Ray White was the most active agency in this area, representing 36.6% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Elizabeth Park SA 5113
Market Insights for Elizabeth Park SA 5113
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
