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Overview
Set in a rapidly developing northern corridor of Adelaide, this solid brick home built in 1960 offers an attractive blend of stability and opportunity positioned on a substantial allotment. The property's durable construction and spacious 159 sqm floor area create a foundation for long-term value and potential expansion.
The home's layout is designed for functional everyday living, featuring a light-filled open-plan living and dining area seamlessly connecting with the adjoining kitchen, promoting both convenience and sociability. Three well-sized bedrooms equipped with ceiling fans provide comfort, complemented by a central bathroom, separate WC, and practical laundry, reflecting thoughtful design for families or tenants alike.
- Secure rental income provided by long-term tenants at $450 per week until July 2027, offering immediate financial returns and investment security.
- Generous rear yard accommodates substantial outdoor space suitable for recreation and entertaining, enhanced by a sizable shed, gated driveway, and off-street parking, underscoring functionality and lifestyle flexibility.
- Located within walking distance to Elizabeth Downs Primary School and close to several educational facilities and shopping precincts, the property offers convenient access to daily amenities and services.
- The broad land size invites prospects for renovation, extension, or redevelopment subject to council approval, aligning with the growth trajectory of the area.
This property is particularly appealing to investors seeking a reliable income stream combined with future redevelopment potential, as well as families or homebuyers looking for a liveable home with room to grow in a well-established suburb.
Local Market Insights
In Elizabeth Downs, 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 Downs SA 5113
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 159 m² |
Market Insights for Elizabeth Downs 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.
