12B-14 Old Sarum Road, Elizabeth North SA

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Location

Market Insights for Elizabeth North SA 5113

New Listings (last 30 days)

Average price

$603,360

Lowest price

$378,000

Highest price

$699,000

12B-14 Old Sarum Road, Elizabeth North SA 5113

Auction - Saturday - 11:00am - 26/09/2026

Search Band Search Visibility Band

$1M - $1.1M Low Confidence Calculated based on limited search observations.

House 6 Beds 3 Baths 3 Cars 1306 m²

Listed: 31 days ago

Updated: 29 days ago

Overview

This substantial dual-dwelling property in Elizabeth North offers a unique investment or development opportunity through its significant landholding of approximately 1,306 square meters and an impressive frontage of around 32 meters.

Currently featuring two separate dwellings, each generating a weekly rental income of $440, the property provides immediate cash flow totaling roughly $880 per week, enhancing its appeal for investors seeking steady returns.

The generous land size and wide frontage enable flexibility for subdivision or multi-dwelling redevelopment, subject to council approval, aligning well with the area's ongoing residential renewal. This makes the site attractive not only to investors but also to developers and land-bank purchasers considering future growth.

Its proximity to Elizabeth North Railway Station and convenient access to schools, shopping centers, and public transport further enhance the lifestyle convenience and connectivity for residents or tenants.

Combined gross annual rental income of approximately $45,760
Potential subdivision or redevelopment (STCC) to maximize land use
Positioned within a precinct experiencing significant residential transformation
Dual income stream with immediate returns alongside long-term value potential
Close to key amenities and public transport links

Overall, the property stands out as a compelling proposition for those looking to combine immediate income generation with strategic development options, making it suitable for a diverse range of buyers including investors, developers, and families seeking long-term lifestyle benefits in an evolving neighborhood.

Local Market Insights

In Elizabeth North, Quiet Listings observed 29 new houses entering the market over the last 30 days, down from 31 during the previous 30-day period, with an average advertised asking price of $603,360. The property type mix of listed properties is predominantly Houses at 88%, followed by land (9%), and units (3%). The most active agency for houses in the Elizabeth North area is currently Ray White, representing 38% of new listings, followed by LJ Hooker with 17%. 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.