OFF MARKET

6/515 Main North Road
Elizabeth SA 5112

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 78m2
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Property Details for 6/515 Main North Rd, Elizabeth

6/515 Main North Rd, Elizabeth is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 78m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1960
Floor Size
57m2
Land Size
78m2
Local Government
Playford
Lot/Plan
F6/C21766

Last Listing description (February 2022)

These solid built units were renovated and refurbished not so long ago and are popular low maintenance living for individuals and couples. Ideally located for tenants, it is a short walk to Elizabeth City Centre Shopping Centre, public transport, parks and gardens and all other local amenities. Some of the great features include:
2 Good Sized Bedrooms, Both with Built in Robes
Separate Entry Hallway

Spacious Lounge/Living Room
Split System Reverse Cycle Air Conditioning
Modern Gas Kitchen with Underbench Oven, Rangehood and Ample Cupboards
Functional Bathroom and Laundry Combination
Very Neat and Tidy Presentation
Tiled Private Balcony Area
Single, Separate Lockup Garage with Rollerdoor
Secure Gated Group with Coded Access Security Gates
Currently tenanted @ $220.00 per week by an excellent tenant who wishes to stay on with a fixed term tenancy and who looks after and keeps the unit neat and tidy, this investment represents a positive gearing cashflow - even on a 100% lend!! Plus future capital gain. I would be happy to email you an impressive cash flow analysis on request. Inspection by appointment only.

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Property History for 6/515 Main North Rd, Elizabeth, SA 5112

A timeline of how this property has performed in the market
Last Sold
$155,200
29 Oct 2021
Listed for Rent
$220/w
30 Jul 2020
  • 29 Oct 2021
    Sold for $155,200
  • 08 Sep 2021
    Listed for Sale $139,000 - $149,000 - Under Contract
  • 12 Jun 2020
    Listed for Rent $220 / week
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About Elizabeth 5112

The size of Elizabeth is approximately 1.9 square kilometres. It has 9 parks covering nearly 27.4% of total area. The population of Elizabeth in 2011 was 1,038 people. By 2016 the population was 1,024 showing a population decline of 1.3% in the area during that time. The predominant age group in Elizabeth is 30-39 years. Households in Elizabeth are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth work in a labourer occupation. In 2011, 45.5% of the homes in Elizabeth were owner-occupied compared with 45.3% in 2016.

Elizabeth has 588 properties. Over the last 5 years, Houses in Elizabeth have seen a 172.73% increase in median value, while Units have seen a 118.77% increase. As at 31 October 2024:

  • The median value for Houses in Elizabeth is $509,315 while the median value for Units is $305,985.
  • Houses have a median rent of $395 while Units have a median rent of $220.
There are currently 1 property listed for sale, and no properties listed for rent in Elizabeth on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Elizabeth.

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