Enticing First Home or Rewarding Investment Opportunity!

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20 Midlow Road, Elizabeth Downs SA 5113

$525,000 - $550,000

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$525k - $551k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 512 m² 93 m²

Listed: 23 days ago

Updated: yesterday

Overview

Situated in a tranquil, low-traffic street within easy walking distance to recreational parks and Elizabeth Downs Primary School, this 1960s-built maisonette offers a compelling opportunity for first home buyers or astute investors looking for a promising asset.

The home's interior features polished timber floorboards and lofty 2.7m ceilings, which contribute to its charming and spacious atmosphere. The layout includes three generously sized bedrooms and two distinct living areas, allowing for comfortable family living or multiple-use flexibility.

A formal lounge appointed with a split system air conditioner provides a relaxing environment, while the combined kitchen and dining area is spacious enough for daily family meals. The kitchen is practical with a freestanding electric stove, ample cupboards, tiled splashbacks, and a wide sink, catering to everyday cooking needs effectively.

The bathroom is functional with a shower over bath, complemented by a nearby laundry with rear yard access and a separate toilet, ensuring convenience in daily routines.

The expansive backyard offers extensive space for outdoor living enhancements and secure vehicle parking behind high lock-up gates, providing peace of mind and potential for future improvements.

Currently tenanted by reliable long-term occupants, the property presents a stable income source. Its location near local sporting and community facilities, as well as convenient shopping options, enhances its appeal for families and investors alike.

Generous 512m² allotment with large backyard potential
Classic 1960s maisonette with enduring charm
Polished timber floors and high ceilings create spaciousness
Spacious formal lounge with air conditioning for comfort
Practical kitchen with freestanding electric stove and ample storage
Two separate living spaces providing flexibility
Convenient bathroom and laundry with external access
Ample secure parking behind lock-up gates
Close proximity to parks, schools, and shopping amenities
Attractive investment with existing tenancy

This property offers a sensible entry into the market, whether as a comfortable home to grow into or as a dependable rental investment in a sought-after suburb of South Australia.

Local Market Insights

In Elizabeth Downs, Quiet Listings observed 29 new houses entering the market over the last 30 days, down from 38 during the previous 30-day period, with an average advertised asking price of $593,014. The property type mix of listed properties is predominantly Houses at 91%, followed by units (3%), and land (3%). The most active agency for houses in the Elizabeth Downs area is currently Ray White, representing 48% of new listings, followed by LJ Hooker with 14%. 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.

Open for Inspections

Upcoming inspection times scheduled in the next 14 days.

Wednesday, 21 October 2026

5:30 PM - 6:00 PM ACDT

This property has had 6 previous open for inspections. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.