SOLD
Sold on 27 Oct 2023 for $351,000

7 Grateley Street
Elizabeth Grove SA 5112

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 82m2
Land area: 533m2
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Sold By
Bailey Property Group - Prospect | Tea Tree Gully
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Property Details for 7 Grateley St, Elizabeth Grove

7 Grateley St, Elizabeth Grove is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1961. The property has a land size of 533m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 5 bedroom House sold in Elizabeth Grove in the last 12 months.

Building Type
House
Year Built
1961
Floor Size
82m2
Land Size
533m2
Local Government
Playford
Lot/Plan
A1/D32909

Last Listing description (October 2023)

Welcome to 7- 9 Grateley Street, Elizabeth Grove, two homes, on two titles, standing proud on a generous double allotment . Whether you want to purchase 1 of the properties or both, the total land size of approx 1127sqm, and a central location within walking distance of shops and schools, this property offers savvy investors an opportunity too good to miss.

Both properties are already tenanted on a fixed lease returning a total of $535 per week until January 2024. The tenants would love to stay on long term, meaning you could choose to keep these properties as an investment, and continue to enjoy fantastic returns. Alternatively there is subdivision potential for up to 3 new dwellings (subject to council consent)

7 Grateley Features -

Allotment size 533sqm approximately
3 Bedrooms
Separate Living
Open plan Kitchen/Dining
Garden Shed
Carport with automatic roller door

9 Grateley Features -

Allotment size 594sqm approximately
2 Bedrooms
Separate Living
Open plan Kitchen/Dining
Rear Verandah
Shed

Centrally located with great public transport options, Elizabeth City Centre shopping and entertainment precinct and Lyell McEwin Hospital are both just 5 minute drive as well as many schools close by.

This is a great opportunity not to be missed, call Jim today!

All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.

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Property History for 7 Grateley St, Elizabeth Grove, SA 5112

A timeline of how this property has performed in the market
Last Sold
$351,000
27 Oct 2023
Listed for Rent
$240/w
21 Jan 2019
  • 27 Oct 2023
    Sold for $351,000
  • 13 Sep 2023
    Listed for Sale Under Contract
  • 14 Nov 2018
    Listed for Rent - Price not available
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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 1,112 properties. Over the last 5 years, Houses in Elizabeth Grove have seen a 160.21% increase in median value, while Units have seen a 121.25% increase. As at 30 September 2024:

  • The median value for Houses in Elizabeth Grove is $504,179 while the median value for Units is $351,203.
  • Houses have a median rent of $425 while Units have a median rent of $255.
There are currently 6 properties listed for sale, and 2 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.

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