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197 Hogarth Road, Elizabeth Grove SA 5112

$$900,000 - $1,000,000

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$900k - $945k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1100 m²

Listed: 2 days ago

Overview

This expansive 1100sqm allotment at 197 Hogarth Road presents an exciting opportunity primarily suited for developers or investors interested in capitalising on its expansive site size within Elizabeth Grove. While the existing residence on the property dates back to 1962 and requires significant updating, the true value lies in the potential to reimagine the land.

Positioned conveniently close to local amenities such as schools and parks, the property offers ease of access to everyday essentials and recreational options. The large parcel of land immediately sets it apart as an appealing project for those looking to design and build a home or multiple dwellings that maximize space and flexibility.

Practical aspects such as pre-set requirements to remove certain fixtures, fittings, and shedding before settlement ensure a clear canvas for new development plans. The existing home’s condition makes it less suitable for immediate occupancy but opens the door to creative redevelopment aligned with contemporary needs.

This site is especially attractive for buyers interested in undertaking a development project in a suburban context where land parcels of similar size are increasingly rare. The property offers scope for families seeking to build a tailored home or developers aiming to deliver new housing options within an established community.

Local Market Insights

In Elizabeth Grove, Quiet Listings observed 22 new houses entering the market over the last 30 days, down from 26 during the previous 30-day period, with an average advertised asking price of $713,500. The property type mix of listed properties is predominantly Houses at 90%, followed by commercial properties (6%), and land (3%). The most active agency for houses in the Elizabeth Grove area is currently Ray White, representing 41% of new listings. 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.