FOR SALE
$390,000 - $410,000

53 Grateley Street
Elizabeth Grove SA 5112

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 84m2
Land area: 652m2
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Great Investment Opportunity

Set on approximately 652m2 allotment including 3 bedrooms, updated kitchen adjacent to meals/dine area, separate lounge with split reverse cycle air conditioning.
The galvanised roof and gutters were updated 4 years ago, and the hot water system is approximately 6 years old.
The driveway with rear access leads to a large 9.2 x 6.10 concreted and powered garage/workshop that would be perfect for home projects or a mechanic.
The current tenant has been residing here for approximately 3 years and is currently paying $820.00 per fortnight until 15/03/26 and would consider staying on after lease expires.
If you are considering becoming a landlord or adding to your rental portfolio then this is a perfect opportunity.
Set in a great location being in close proximity to local schools, shopping centres and transport and only 28 km to the CBD
WHATS ON OFFER HERE!
Three bedrooms
Separate lounge
Updated kitchen/ meals
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Property Details for 53 Grateley St, Elizabeth Grove

53 Grateley St, Elizabeth Grove is a 3 bedroom, 1 bathroom DuplexSemi-detached with 4 parking spaces. The property has a land size of 652m2 and floor size of 84m2. The place is currently for sale with Harcourts Playford RLA 236673.

Building Type
DuplexSemi-detached
Floor Size
84m2
Land Size
652m2

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About Elizabeth Grove 5112

The size of Elizabeth Grove is approximately 1.3 square kilometres. It has 8 parks covering nearly 11.7% of total area. The population of Elizabeth Grove in 2011 was 2,384 people. By 2016 the population was 2,445 showing a population growth of 2.6% in the area during that time. The predominant age group in Elizabeth Grove is 0-9 years. Households in Elizabeth Grove are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth Grove work in a labourer occupation. In 2011, 41% of the homes in Elizabeth Grove were owner-occupied compared with 38.8% in 2016.

Elizabeth Grove has 1,117 properties. Over the last 5 years, Houses in Elizabeth Grove have seen a 157.99% increase in median value, while Units have seen a 125.40% increase. As at 31 August 2024:

  • The median value for Houses in Elizabeth Grove is $498,422 while the median value for Units is $345,861.
  • Houses have a median rent of $410 while Units have a median rent of $255.
There are currently 5 properties listed for sale, and no properties listed for rent in Elizabeth grove on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Elizabeth grove.

Suburb Insights for Elizabeth Grove 5112

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Peter King
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Harcourts Playford RLA 236673
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.