OFF MARKET

124 Halsey Road
Elizabeth East SA 5112

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
Land area: 848m2
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Last updated 18 Nov 2024
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Property Details for 124 Halsey Rd, Elizabeth East

124 Halsey Rd, Elizabeth East is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 848m2 and floor size of 104m2.

Building Type
House
Year Built
1950
Floor Size
104m2
Land Size
848m2
Local Government
Playford
Lot/Plan
A442/D6421

Last Listing description (August 2016)

This 3 bedroom home on a generous 849m2 corner allotment presents a wonderful opportunity for the buyer who can recognise potential and extract value from it.
Built in the 1950s, this is a solid brick home with a cosy design. The front porch leads into a separate entry hallway that connects to all the rooms. The spacious lounge room overlooks the corner vista and features polished timber floorboards. Its north-west outlook enables it to enjoy the warmth of the afternoon sun, and the split-system air-conditioning means occupants can do so in comfort.
The newly improved kitchen has sweeping benchtops that flow into an adjunct meals/dining area. The substantial laundry has a separate toilet and both have been recently tiled. The bathroom boasts a full-sized bath and has convenient access for all three bedrooms.

The bedrooms themselves are carpeted and are of ample proportion, each proffering views of the surrounding greenery. The outside areas offer several possibilities in how they can be used, and given the size of the block, there is considerable scope for flexibility.
Possibly the most prized nugget of value available with this property is the approval already received from the City of Playford for subdivision retaining the existing dwelling. This would enable the new owner to live in this snug family home while dividing and developing the detached share. Alternatively, the new owner could receive a rental income in the vicinity of $240.00 - $260.00 weekly while building on the new part. See the proposal shown below (and discuss further with the agent if interested).
Property features in brief:
Double carport
1000kw solar panels
Rainwater tank
Security system
3 bedrooms
Open-plan kitchen/meals
Combination of timber floors and carpeting
Newly tiled laundry and toilet
Pre-approval for subdivision into 2 sizable allotments of 537m2 and 312m2, retaining the existing dwelling.
Neatly positioned on the corner of Halsey Road and Talbot Street, this house is conveniently close to Main North Road without being disturbed by the traffic from it. Public transport is thus very accessible. Shops are nearby - the local IGA is a 5 minute walk - as are parks with playgrounds. It is a short stroll to Elizabeth East Primary School, and a 5 minute drive to Playford International College, formerly known as Fremont-Elizabeth City High School, and one of only four special interest music centres in South Australia.
This is a fantastic chance for the discerning buyer to get into the property market, either as an investment or for themselves. Don?t miss the opportunity to come and have a look.

Property History for 124 Halsey Rd, Elizabeth East, SA 5112

A timeline of how this property has performed in the market
Listed for Rent
$240/w
03 Jun 2014
  • 24 May 2016
    Listed for Sale $240,000
  • 01 May 2014
    Listed for Rent $240 / week
  • 11 Mar 2014
    Listed for Rent $235 / week
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About Elizabeth East 5112

The size of Elizabeth East is approximately 2.5 square kilometres. It has 20 parks covering nearly 17.4% of total area. The population of Elizabeth East in 2011 was 4,290 people. By 2016 the population was 4,452 showing a population growth of 3.8% in the area during that time. The predominant age group in Elizabeth East is 0-9 years. Households in Elizabeth East are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth East work in a labourer occupation. In 2011, 50% of the homes in Elizabeth East were owner-occupied compared with 50.3% in 2016.

Elizabeth East has 1,808 properties. Over the last 5 years, Houses in Elizabeth East have seen a 152.08% increase in median value, while Units have seen a 129.83% increase. As at 31 October 2024:

  • The median value for Houses in Elizabeth East is $569,470 while the median value for Units is $397,016.
  • Houses have a median rent of $450.
There are currently 10 properties listed for sale, and 3 properties listed for rent in Elizabeth east on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Elizabeth east.

Suburb Insights for Elizabeth East 5112

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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.