21 Durdin RoadElizabeth Vale SA 5112
Property Details for 21 Durdin Rd, Elizabeth Vale
21 Durdin Rd, Elizabeth Vale is a 3 bedroom, 1 bathroom House. The property has a land size of 573m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Elizabeth Vale in the last 12 months.
Last Listing description (December 2023)
Situated on a generous 573 square meters (approximately) of land, this semi-detached maisonette home is an attractive proposition, particularly for discerning investors. Presently, the property boasts a stable, long-term tenant under a fixed lease agreement, ensuring a consistent rental income of $250 per week until the lease's expiration on June 2nd, 2024.
It is worth noting that, based on current market conditions, the expected rent at the conclusion of the lease period is approximately $350.00 per week.
Nestled in the sought after suburb of Elizabeth Vale, the property enjoys convenient proximity, being a mere 10 minute walk or a brief 2 minute drive from the Lyell McEwin Hospital and local retail establishments. This exceptional opportunity allows savvy investors to secure this asset, set to yield substantial returns well into the foreseeable future.
The interior of the residence has been thoughtfully updated, with both the kitchen and bathroom having undergone renovations. The kitchen is equipped with modern conveniences, including an oven and a gas cooktop. The well-appointed lounge area is positioned at the front of the home and features a wall-mounted air conditioning unit, ensuring comfort in all seasons. The meals area is conveniently situated adjacent to the kitchen, enhancing the flow and functionality of the living space.
Outside, the property offers a secure gated carport with convenient drive-through access to a spacious rear yard, adding to the property's overall appeal. This presents an outstanding opportunity for seasoned investors looking to expand their property portfolio or a promising entry point for first-time investors.
Enquire today to seize this investment opportunity!
Disclaimer:
We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
RLA155355
Property History for 21 Durdin Rd, Elizabeth Vale, SA 5112
- 22 Dec 2023Sold for $352,000
- 08 Nov 2023Listed for Sale UNDER OFFER
- 03 Feb 2022Sold for $195,000
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About Elizabeth Vale 5112
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:
- The median value for Houses in Elizabeth Vale is $543,554 while the median value for Units is $321,554.
- Houses have a median rent of $460 while Units have a median rent of $260.
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