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1/8 Grateley Street, Elizabeth Grove SA 5112

$510,000 - $540,000

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$510k - $536k Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 1 Bath 1 Car 166 m 82 m²

Listed: 2 days ago

Overview

This solid brick house in Elizabeth Grove represents a robust and well-maintained property, ideal for investors seeking secure rental income or buyers looking for a comfortable future home. The property is currently tenanted, providing immediate financial return, while its layout and location offer lasting appeal.

Set on a modest 166 square meter land parcel with an 82 square meter house footprint, the property combines low-maintenance living with practical outdoor spaces. Its private rear courtyard with a paved verandah and established gardens makes it a pleasant area for relaxation or casual entertaining.

The residence features two well-sized bedrooms, each with built-in robes and ceiling fans, enhancing convenience and comfort. The central bathroom with standard amenities and a separate laundry provide functional daily living solutions.

The front lounge, enhanced by cork flooring, a ceiling fan, and split-system air conditioning, ensures a comfortable environment year-round. The adjoining dining area connects seamlessly to a functional kitchen with ample cabinetry, generous bench space, electric cooking facilities, and a breakfast bar, supporting both easy meal preparation and informal dining.

Additional practical features include a secure carport with gated access, a rainwater tank, and a fully fenced front yard enhancing security and privacy for residents. Its position on a quiet residential street grants accessibility to local amenities such as Elizabeth City Centre, nearby hospitals, schools, parks, and public transport, with efficient commuting options to Adelaide’s northern suburbs.

Overall, the home is a compelling option for investors attracted to established rental returns and for first home buyers or downsizers prioritizing convenience, comfort, and manageable upkeep in a well-connected suburban setting.

Local Market Insights

In Elizabeth Grove, Quiet Listings observed 26 new houses entering the market over the last 30 days, up from 24 during the previous 30-day period, with an average advertised asking price of $648,269. All new listings observed during this period were Houses. The most active agency for houses in the Elizabeth Grove area is currently Ray White, representing 38% of new listings, followed by Edge Realty - RLA 256385 with 15%. 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.