14/47 Jarvis Rd, Elizabeth Vale is a 2 bedroom, 1 bathroom Unit and was built in 1977. The property has a land size of 63m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Quality built, solid brick construction and situated in a popular group of units, close to Salisbury Centre, Lyell McEwin Hospital, and public transport. These units have historically provided a good and constant source of investment income plus capital gains. Currently tenanted at $205 per week by a long term tenant, for the past 10 years, who wishes to stay on, this investment represents a positive geared cashflow - even on a 100% borrowed funds! It's a no-brainer! Some of the other features are as follows:
2 Good Sized Bedrooms
Functional Eat In Gas Kitchen
The size of Elizabeth Vale is approximately 2.5 square kilometres. It has 11 parks covering nearly 28.4% of total area. The population of Elizabeth Vale in 2011 was 3,589 people. By 2016 the population was 4,065 showing a population growth of 13.3% in the area during that time. The predominant age group in Elizabeth Vale is 0-9 years. Households in Elizabeth Vale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth Vale work in a labourer occupation. In 2011, 45.8% of the homes in Elizabeth Vale were owner-occupied compared with 46.3% in 2016.
Elizabeth Vale has 1,618 properties. Over the last 5 years, Houses in Elizabeth Vale have seen a 146.53% increase in median value, while Units have seen a 113.30% increase. As at 30 September 2024:
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