SOLD
Sold on 11 Dec 2024 for $900,000

22 Broughton Road
Elizabeth Vale SA 5112

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 121m2
Land area: 917m2
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Property Details for 22 Broughton Rd, Elizabeth Vale

22 Broughton Rd, Elizabeth Vale is a 2 bedroom, 1 bathroom House and was built in 1962. The property has a land size of 917m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom House sold in Elizabeth Vale in the last 12 months.

Building Type
House
Year Built
1962
Floor Size
121m2
Land Size
917m2
Local Government
Playford
Lot/Plan
A30/D6537

Last Listing description (December 2024)

Ray White Salisbury is proud to present 22 Broughton Road Elizabeth Vale.

Zoned for / as 'Strategic Innovation', this opportunity offers a beautiful home on an individual torrens titled corner allotment to form approximately 917m2 of prime land with two wide street frontages.

As part of Council re-zoning - to further establish the health precinct for the northern sector of Adelaide - this parcel of land is supremely located near brand new developments, with exposure to the Lyell McEwin Hospital.

The residence has been immaculately maintained and tastefully updated over time. If you wish to retain the home and use it as a rental, it has been rental appraised at $450 - $480 per week, which will help ease holding costs while you develop your next plan for the property. With recent sales in the area setting new benchmarks and standards for strategic innovation, the sellers have set realistic expectations for the properties.

Information about the development guidelines can be obtained from the City of Playford Planning department plan@playford.sa.gov.au

Some information about recent announcements can be found here:
https://www.architectureanddesign.com.au/news/northwest-playford-healthcare-precinct-upgrade

With more infrastructure being built and the daily amount of traffic increasing to the area, this parcel of land offers great exposure to large crowds over time and many businesses soon to come. If you are looking for a great development opportunity look no further!

Disclaimer: Photographs or images are for illustration purposes only. Every care has been taken to verify the correctness of all details used in this advertisement. However, no warranty or representation is given or made as to the correctness of information supplied and neither the owners nor their agent can accept responsibility for errors or omissions. Prospective purchasers are advised to carry out their own investigation.

Property History for 22 Broughton Rd, Elizabeth Vale, SA 5112

A timeline of how this property has performed in the market
Last Sold
$900,000
11 Dec 2024
  • 11 Dec 2024
    Sold for $900,000
  • 05 Aug 2024
    Listed for Sale Contact Agent
  • 26 Nov 2003
    Sold for $135,000

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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 1,626 properties. Over the last 5 years, Houses in Elizabeth Vale have seen a 150.31% increase in median value, while Units have seen a 126.91% increase. As at 30 November 2024:

  • The median value for Houses in Elizabeth Vale is $550,219 while the median value for Units is $335,874.
  • Houses have a median rent of $475 while Units have a median rent of $260.
There are currently 11 properties listed for sale, and 7 properties listed for rent in Elizabeth vale on OnTheHouse. According to CoreLogic's data, 96 properties were sold in the past 12 months in Elizabeth vale.

Suburb Insights for Elizabeth Vale 5112

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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.