SOLD
Sold on 18 Oct 2024 for $601,000

31 Sedgehill Road
Elizabeth North SA 5113

Bedrooms: 5
Bathrooms: 1
Car spaces: 2
Floor area: 145m2
Land area: 957m2
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Property Details for 31 Sedgehill Rd, Elizabeth North

31 Sedgehill Rd, Elizabeth North is a 5 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 957m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 5 bedroom House sold in Elizabeth North in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
145m2
Land Size
957m2
Local Government
Playford
Lot/Plan
A925/D6450

Last Listing description (October 2024)

CURRENTLY LEASED WITH 5 TENANTS, 3 @ AT $180 PER WEEK & 2 @ $175 PER WEEK UNDER "ROOMING HOUSE AGREEMENT" (all tenants on 12 month agreements)

Calling all property investors and/or property redevelopers. Huge potential on a huge 957m2 allotment. Money making, property investment for your future.

To make an offer on this property please use the link below;

https://docs.google.com/forms/d/e/1FAIpQLSerOPr4vc6amTQk6yzVER_Y91e-f9bG7cvhbtshoknHsbRvOA/viewform?usp=sf_link

Features Include;
* L-shape lounge & dine
* Large kitchen with meals area
* 5 bedrooms
* Separate study/studio room
* Reverse cycle wall split air conditioning unit
* Modern (2023) electric storage unit hot water service
* 5kw solar power home system
* Rear verandah area
* Currently leased with 5 separate tenants each paying $180 per week under "rooming house agreement" system
* Massive 957m2 allotment with 25.9m frontage x 45m depth, no easements
* Unlimited future land sub-division potential for 3/4 new dwellings (STCC)
* Set in the central Elizabeth North location... that has experienced a solid 20% growth in value
* Get in quick... make money not excuses

Disclaimer - Photos prior to tenancy

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Property History for 31 Sedgehill Rd, Elizabeth North, SA 5113

A timeline of how this property has performed in the market
Last Sold
$601,000
18 Oct 2024
Listed for Rent
$270/w
30 Sep 2011
  • 18 Oct 2024
    Sold for $601,000
  • 12 Aug 2024
    Listed for Sale $549,000 - $589,000
  • 02 Nov 2011
    Sold for $245,000
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About Elizabeth North 5113

The size of Elizabeth North is approximately 1.8 square kilometres. It has 10 parks covering nearly 10.5% of total area. The population of Elizabeth North in 2011 was 3,232 people. By 2016 the population was 3,469 showing a population growth of 7.3% in the area during that time. The predominant age group in Elizabeth North is 20-29 years. Households in Elizabeth North are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth North work in a labourer occupation. In 2011, 43.6% of the homes in Elizabeth North were owner-occupied compared with 41.8% in 2016.

Elizabeth North has 1,821 properties. Over the last 5 years, Houses in Elizabeth North have seen a 201.53% increase in median value, while Units have seen a 126.67% increase. As at 28 February 2025:

  • The median value for Houses in Elizabeth North is $486,080 while the median value for Units is $428,572.
  • Houses have a median rent of $450 while Units have a median rent of $251.
There are currently 24 properties listed for sale, and 5 properties listed for rent in Elizabeth north on OnTheHouse. According to CoreLogic's data, 126 properties were sold in the past 12 months in Elizabeth north.

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Ray White Craigmore
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