OFF MARKET

131 Philip Highway
Elizabeth South SA 5112

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 108m2
Land area: 836m2
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Last updated 11 Nov 2024
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Property Details for 131 Philip Hwy, Elizabeth South

131 Philip Hwy, Elizabeth South is a 3 bedroom, 1 bathroom House and was built in 1962. The property has a land size of 836m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
House
Year Built
1962
Floor Size
108m2
Land Size
836m2
Local Government
Playford
Lot/Plan
A347/D6003

Last Listing description (February 2019)

Are you looking to build your investment portfolio? This property is an exception as it has the upside potential of redevelopment and subdivision (subject to consents) in the future. Buy and hold at a next to neutral geared investment at today's prices and redevelop sometime later. There is currently a good long term tenant residing who wishes to remain on. Some of the features of this property are:
Solid Brick Construction
3 Large Bedrooms

Separate Lounge with Split System Air Conditioner
Modern Kitchen with Adjacent Meals Area
Huge (836m2) Allotment with a 18.29m Frontage x 45.72m Deep
A Great Long Term Tenant Paying $220 Per Week
Close to Large Shopping Centre and Public Transport
As the property is tenanted you may inspect the property strictly by appointment by phoning Andrew on 0412088850 anytime.

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Property History for 131 Philip Hwy, Elizabeth South, SA 5112

A timeline of how this property has performed in the market
Last Sold
$210,000
14 Feb 2019
Listed for Rent
$220/w
11 Jan 2016
  • 14 Feb 2019
    Sold for $210,000
  • 19 Oct 2018
    Listed for Sale $209,000-$219,000
  • 09 Dec 2015
    Listed for Rent - Price not available
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About Elizabeth South 5112

The size of Elizabeth South is approximately 3.6 square kilometres. It has 14 parks covering nearly 3.8% of total area. The population of Elizabeth South in 2011 was 2,869 people. By 2016 the population was 2,854 showing a population decline of 0.5% in the area during that time. The predominant age group in Elizabeth South is 20-29 years. Households in Elizabeth South are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth South work in a labourer occupation. In 2011, 36.4% of the homes in Elizabeth South were owner-occupied compared with 33.9% in 2016.

Elizabeth South has 1,414 properties. Over the last 5 years, Houses in Elizabeth South have seen a 170.63% increase in median value, while Units have seen a 110.43% increase. As at 31 October 2024:

  • The median value for Houses in Elizabeth South is $499,977 while the median value for Units is $394,819.
  • Houses have a median rent of $450.
There are currently 9 properties listed for sale, and 5 properties listed for rent in Elizabeth south on OnTheHouse. According to CoreLogic's data, 61 properties were sold in the past 12 months in Elizabeth south.

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