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Sold on 22 Jul 2024 for $565,000

56 Ridley Road
Elizabeth South SA 5112

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
Land area: 870m2
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Property Details for 56 Ridley Rd, Elizabeth South

56 Ridley Rd, Elizabeth South is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 870m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Elizabeth South in the last 12 months.

Building Type
House
Floor Size
104m2
Land Size
870m2
Local Government
Playford
Lot/Plan
A40/D6026

Last Listing description (July 2024)

In the early 1950's when Playford and Ramsay were planning the new city north of Adelaide that would become Elizabeth, they understood that employment was the key to the new towns success and so the very first part of Elizabeth to be constructed was that closest to what would be for decades the areas largest employer, the Holden factory.

They correctly believed that the area would be more attractive to migrants and locals alike if men could walk to work, women to the local shops and children to the schools and a train could take anyone to the city in less than 25 minutes. Making life convenient for working people would attract more recent arrivals from overseas who may not yet have cars.

The first homes built in Elizabeth South, which are the oldest in Elizabeth, were built to best demonstrate the promise of this new satellite city and so became show homes for the area. As such many of these early homes are built to a very high quality compared to those built elsewhere in Elizabeth in the years to come.

The plot land between Glue Pot Road (now Phillip Highway) and the railway line was the first to be made into housing using Goodman Road (formerly Gawler Road) as the Main Street extending between the Holdens Factory and the proposed Elizabeth City Centre.

This historical reference is important because for all the reasons this area was so convenient and liveable mid last century it is even more so today.

This home is amongst the first to be built in the area and as such demonstrates the care and attention the builders lavished on these early examples.

Solid brick construction is not always favoured due to the area's reactive soil and yet this home has barely moved in nearly 70 years. With terra cotta tiled roof, this property was unique compared to those built after with high quality materials in use during construction keeping it in good stead all these years later.

Held by the one family for decades, this residence has been well loved and served them well as their home and in later years as an investment property.

Many of the original features remain whilst thoughtful improvements abound.

Disposed on a very generous corner allotment, this home boasts 3 traditionally proportioned bedrooms and offers the potential of an external rumpus room for the growing family. This room needs work in order to bring it back to its best but the flexibility and utility that such a room can deliver will be valued by those with growing families or those perhaps work from home.

With side access to the rear yard to the garage the modern young family have plenty of parking opportunities off street and under cover.

Although ready to move into and enjoy from day one, this home offers potential aplenty to make it a home of your own by applying your personal touches over time.

With scope to renovate the kitchen and bathroom during your tenure, this property is ripe for refurbishment in some areas and so there is a great chance for the astute home improver to add even further value in the years to come.

Naturally, those satisfied with the original features can save money and enjoy this home with little expense so making this affordable for those on a budget.

Live in or rent out, Nest or invest- the choice is yours and with the opportunity of being situated on a generous corner allotment, the possibilities are evident.

It has come time to pass on the baton after decades within the same family and so this almost once in a lifetime opportunity to secure this residence now presents.

**DISCLAIMER*** Although the Agent has endeavoured to ensure the accuracy of the information contained within the marketing material we remind prospective purchasers to carry out their own due diligence and to not rely upon the information in this description. This description does not warrant that all features, improvements or appliances are in working order or have necessary approvals and the Agent advises all parties interested in the home to undertake their own investigations prior to purchase.

CT: 5201/129
Land Size: 870m²
House Size: 104m²
Year Built: 1961
Zone: Established Neighbourhood
Council: City of Playford

RLA 232366

Property History for 56 Ridley Rd, Elizabeth South, SA 5112

A timeline of how this property has performed in the market
Last Sold
$565,000
22 Jul 2024
Listed for Rent
$275/w
10 Aug 2017
  • 09 Aug 2024
    Sold for $565,000
  • 08 Aug 2024
    Listed for Rent $500 / week
  • 26 Jun 2024
    Listed for Sale $509,000-$549,000
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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 1,413 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, 60 properties were sold in the past 12 months in Elizabeth south.

Suburb Insights for Elizabeth South 5112

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Dave Stockbridge
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Steve Spurling
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REAL Estate Agents Group - Salisbury
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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.