OFF MARKET

7/47 Jarvis Road
Elizabeth Vale SA 5112

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 65m2
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Last updated 11 Nov 2024
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Property Details for 7/47 Jarvis Rd, Elizabeth Vale

7/47 Jarvis Rd, Elizabeth Vale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 65m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
1977
Floor Size
71m2
Land Size
65m2
Local Government
Salisbury
Lot/Plan
U7/S3553

Last Listing description (January 2023)

Situated in the popular suburb of Elizabeth Vale, this immaculately renovated and well-maintained 2 bedroom single storey unit offers the ideal opportunity for the savvy investor to begin or add to their investment portfolio.

Internally the unit offers two great sized bedrooms, with an open-plan kitchen/living space, gas cooking and a separate laundry. All the hard work has been completed, with the bathroom and kitchen having been completely renovated. Fresh paint and floating floorboards throughout complete the finishing touches. Heating and cooling is catered for year round by a wall unit air conditioner in the living area, with plenty of off-street car parking also available.

Location wise the unit is ideal, being within walking distance to the Calvary Central Districts Hospital, and a short drive away from the Lyell McEwin Hospital, perfect for those who require to be within close proximity to medical facilities. All major shopping and local facilities are catered for by the Parabanks Shopping Centre and Elizabeth Shopping Centre, both being within a short drive. Those who require alternative transport will have their needs catered for with numerous bus stops along Jarvis Road, allowing for ease of transport.

Please note that this unit is currently rented at $210.00 per week until June 2023. It would be expected that this figure would increase significantly upon expiry.

Get in quick as opportunities like this don't last!

Strata Fees: $490.83 per quarter (Admin Fund), $37.50 per quarter (Sinking Fund)
Water: $142.10 per quarter
Council Rates: $1055.20 per annum

Property History for 7/47 Jarvis Rd, Elizabeth Vale, SA 5112

A timeline of how this property has performed in the market
Last Sold
$220,000
27 Jan 2023
Listed for Rent
$210/w
18 Jun 2021
  • 27 Jan 2023
    Sold for $220,000
  • 25 Aug 2022
    Listed for Sale $199,000 - $209,000
  • 11 Jun 2021
    Listed for Rent $210 / week
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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 1,619 properties. Over the last 5 years, Houses in Elizabeth Vale have seen a 150.95% increase in median value, while Units have seen a 110.60% increase. As at 31 October 2024:

  • The median value for Houses in Elizabeth Vale is $557,178 while the median value for Units is $320,967.
  • Houses have a median rent of $470 while Units have a median rent of $360.
There are currently 10 properties listed for sale, and 9 properties listed for rent in Elizabeth vale on OnTheHouse. According to CoreLogic's data, 97 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.