8 Wilkins RoadElizabeth Downs SA 5113
Property Details for 8 Wilkins Rd, Elizabeth Downs
8 Wilkins Rd, Elizabeth Downs is a 3 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 623m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
Last Listing description (March 2020)
Freshly painted throughout with instant rental returns, you will find this fantastic investment opportunity boasting a solid long term tenant on a fixed lease of $220 per week until 15/08/2018.
The original semi-detached home boasts a formal lounge as soon as you enter with easy access through to the kitchen and meals for a fantastic floor plan. Three sizeable bedrooms are spread throughout the home with a centrally located bathroom for convenience and a laundry with a separate toilet at the rear.
The spacious back yard is a blank canvas with plenty of space to build a garage shed for secure undercover parking or a pergola for added rental appeal.
More fantastic features of this home include:
- Split system air conditioning for year round comfort.
- Alarm system and security screen doors for peace of mind.
- Roof sheeting, gutters & downpipes recently replaced for reduced expence.
- Freshly painted internal walls and ceilings for extra appeal.
- TV point in the lounge for entertainment.
- Polished pine flooring for easy care.
- 9 ft ceilings throughout and a whirly bird on the roof for added temperature control.
With the median price for a house in Elizabeth Downs being approximately $145,000 and the advertised rent reaching $220 the gross rental yield for property investors calculates out to be 7.89% (information sourced from https://www.yourinvestmentpropertymag.com.au/top-suburbs/sa-5113-elizabeth-downs.aspx)
So if you are looking for a fantastic investment with guaranteed returns then this is the place for you. Perfectly positioned so close to nearby services and amenities, find yourself just three minutes from Munno Para Shopping City, local reserves, parks and public transport as well as a short 6 minute drive to the Elizabeth Shopping centre for everything your tenants will need.
Call Mike Lao now to inspect!
Council / City of Playford
Built / 1960
Land / 623sqm (approx)
Building / 92sqm (approx)
Easements / Yes - sewerage easement along rear boundary line.
Council rates / $1,234.75pa (approx)
Water rates / $148.35pq + Usage (approx)
Es levy / $111.05pa (approx)
Currently rented at / $220 per week until 15/08/2018
Want to find out where your property sits within the market? Have one of our multi-award winning agents come out and provide you with a market update on your home or investment! Call Mike Lao now on 0410 390 250.
Specialists in: Andrews Farm, Angle Vale, Blakeview, Burton, Craigmore, Davoren Park, Elizabeth, Gawler, Golden Grove, Greenwith, Gulfview Heights, Hillbank, Ingle Farm, Mawson Lakes, Modbury Heights, Munno Para West, One Tree Hill, Parafield Gardens, Para Hills, Para Hills West, Paralowie, Pooraka, Salisbury, Salisbury East, Salisbury North, Salisbury Plain, Salisbury Park, Salisbury Heights, Smithfield, Walkley Heights, Wynn Vale.
Disclaimer: Every care has been taken to verify the correctness of all details used in this advertisement. However no warranty or representative is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for error or omissions.
Property History for 8 Wilkins Rd, Elizabeth Downs, SA 5113
- 08 Jun 2018Sold for $125,000
- 15 Jan 2018Listed for Sale $119,000-$129,000
- 12 Apr 2011Sold for $160,000
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About Elizabeth Downs 5113
The size of Elizabeth Downs is approximately 3.2 square kilometres. It has 10 parks covering nearly 30.1% of total area. The population of Elizabeth Downs in 2011 was 5,142 people. By 2016 the population was 5,068 showing a population decline of 1.4% in the area during that time. The predominant age group in Elizabeth Downs is 0-9 years. Households in Elizabeth Downs are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth Downs work in a labourer occupation. In 2011, 55% of the homes in Elizabeth Downs were owner-occupied compared with 54% in 2016.
Elizabeth Downs has 2,382 properties. Over the last 5 years, Houses in Elizabeth Downs have seen a 164.84% increase in median value, while Units have seen a 131.61% increase. As at 31 October 2024:
- The median value for Houses in Elizabeth Downs is $476,945 while the median value for Units is $424,235.
- Houses have a median rent of $450 while Units have a median rent of $253.
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