143 Philip HighwayElizabeth South SA 5112
Property Details for 143 Philip Hwy, Elizabeth South
143 Philip Hwy, Elizabeth South is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1962. The property has a land size of 752m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Last Listing description (June 2021)
LJ Hooker Salisbury and Vameq Ahmed is proud to present 143 Philip Highway. An investment opportunity such as this should not be overlooked so I cordially invite you to crunch the numbers for yourself.
Philip Highway enjoys the best of Elizabeth South and Elizabeth Grove. With public transportation such as buses and Elizabeth South Railway Terminal at your doorstep, it is just the foundation of numerous conveniences. Elizabeth South Primary School along with Elizabeth Grove Junior Primary School is equal distances away, Lyell McEwin Hospital is less than 5 minutes drive from the property as well. Catering to all shopping needs, one has the option of either Parabanks Shopping Centre to the South and Elizabeth City Centre to the North. Such logistical accessibility ensures high rental return which in turn ensures an excellent return on investment.
This 1962 solid brick house sits on approximately 750 sqm. Surrounded by friendly neighbours, no wonder the current tenant has been contentedly living here since 2013. Without hesitation, the long-term tenants pointed out the below advantages of this dwelling:
- Open plan kitchen and dining
- Air conditioning
- Close to public transportation
- Friendly neighbours
- Safe and secure
- Well established front yard
- Huge backyard were the opportunities are endless
- Massive shed with access to car port
- Low maintenance veranda which can be accessed from both the lounge + laundry
With return on investment currently above 6%, this property is a must addition to any portfolio. I urge you not to miss out on this opportunity and give Vameq a call today.
Property History for 143 Philip Hwy, Elizabeth South, SA 5112
- 09 Jun 2021Listed for Sale Sold
- 29 May 2020Sold for $220,000
- 19 Feb 2020Listed for Sale $210,000 - $220,000
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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.
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