FOR SALE
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34 Wallace Road
Elizabeth Vale SA 5112

Bedrooms: 3
Bathrooms: 1
Car spaces: 5
Land area: 892m2
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Development Opportunity - Over 1,800sqm!

Ray White Salisbury is proud to present 34 Wallace Road Elizabeth Vale.
THE RESIDENCE:
This three bedroom property presents a perfect opportunity for the astute investor or developer, on an 892sqm allotment with a 24.4m street frontage.
The neighbouring property on the corner at 1 Knowles Road Elizabeth Vale is also available for sale, providing an option to purchase both together and secure two individual Torrens-Titled properties with a combined land size of approximately 1,816 sqm.
FEATURES
• 1961 Built
• Fully Fenced
• Torrens Titled
• Roller Shutters
• 24.4m Frontage
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Property Details for 34 Wallace Rd, Elizabeth Vale

34 Wallace Rd, Elizabeth Vale is a 3 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 892m2. The place is currently for sale with Ray White Salisbury.

Building Type
House
Land Size
892m2

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About Elizabeth Vale 5112

The size of Elizabeth Vale is approximately 2.5 square kilometres. It has 11 parks covering nearly 28.4% of total area. The population of Elizabeth Vale in 2011 was 3,589 people. By 2016 the population was 4,065 showing a population growth of 13.3% in the area during that time. The predominant age group in Elizabeth Vale is 0-9 years. Households in Elizabeth Vale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth Vale work in a labourer occupation. In 2011, 45.8% of the homes in Elizabeth Vale were owner-occupied compared with 46.3% in 2016.

Elizabeth Vale has 1,626 properties. Over the last 5 years, Houses in Elizabeth Vale have seen a 150.31% increase in median value, while Units have seen a 126.91% increase. As at 30 November 2024:

  • The median value for Houses in Elizabeth Vale is $550,219 while the median value for Units is $335,874.
  • Houses have a median rent of $475 while Units have a median rent of $260.
There are currently 11 properties listed for sale, and 7 properties listed for rent in Elizabeth vale on OnTheHouse. According to CoreLogic's data, 96 properties were sold in the past 12 months in Elizabeth vale.

Suburb Insights for Elizabeth Vale 5112

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Winston Coxon
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Thomas Korte
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Ray White Salisbury
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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.