976 Racecourse Road, Erith, SA 5461 sold on 28 February 2025 | OnTheHouse
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Sold on 28 Feb 2025 for $475,000

976 Racecourse Road
Erith SA 5461

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 360200m2
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Property Details for 976 Racecourse Rd, Erith

Building Type
Commercial
Land Size
360200m2
Local Government
Wakefield
Lot/Plan
A93/F175413

Last Listing description (March 2025)

WELCOME TO 976 RACECOURSE ROAD ERITH

Located approx. 10km South of Balaklava is this property that consists of 89 acres or 36.01 hectares (approx.) in the area known as Erith.
There is about 80 acres of arable land that has been used for cropping but hasn't been cropped for the last 4 years including this year.
With this property you will also have 2 large implement sheds, and a raised barn. You may be able to reinvigorate the old pig sty and chicken yards.

For the new owner there will also be the added bonus of farming equipment including an International Header, Disc Plough, Chamberlain Tractor, Cultivator, 28 row combine plus some other beneficial inventory.

Mains water and power are connected increasing your potential for the land.

Zoning is Rural. No dwelling is possible as the minimum amount of land required for a dwelling is 100 hectares or 247 acres. (appx) More details can be obtained from the Wakefield Regional Council - 08 8862 0800.

All information contained herein is gathered from sources deemed to be reliable. However, we cannot guarantee its accuracy and interested persons should seek their own enquiries.

Property History for 976 Racecourse Rd, Erith, SA 5461

A timeline of how this property has performed in the market
Last Sold
$475,000
28 Feb 2025
  • 28 Feb 2025
    Sold for $475,000
  • 12 Aug 2024
    Listed for Sale $540,000 - $550,000
  • 09 Nov 2016
    Listed for Sale $329,000

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About Erith 5461

The size of Erith is approximately 70 square kilometres. The population of Erith in 2011 was 274 people. By 2016 the population was 34 showing a population decline of 87.6% in the area during that time. The predominant age group in Erith is 10-19 years. Households in Erith are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Erith work in a managers occupation. In 2011, 77.7% of the homes in Erith were owner-occupied compared with 85.7% in 2016..

Erith has 42 properties. As at 31 March 2025:

  • The median value for Houses in Erith is $404,532.
There are currently no properties listed for sale, and no properties listed for rent in Erith on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Erith.

What's around 976 Racecourse Rd, Erith

Nearby Schools
Comparable Properties
Horizon Christian School
9.04km
Balaklava 5461
CombinedNon-GovernmentP - 12Combined426 Enrolled
Balaklava Primary School
9.21km
Balaklava 5461
PrimaryGovernmentP - 7Combined260 Enrolled
Balaklava High School
9.37km
Balaklava 5461
SecondaryGovernment8 - 12Combined302 Enrolled
Owen Primary School
13.6km
Owen 5460
PrimaryGovernmentP - 7Combined57 Enrolled
Port Wakefield Primary School
23.73km
Port Wakefield 5550
PrimaryGovernmentP - 7Combined72 Enrolled
Mallala Primary School
24.31km
Mallala 5502
PrimaryGovernmentP - 7Combined151 Enrolled
Hamley Bridge Primary School
29.18km
Hamley Bridge 5401
PrimaryGovernmentP - 7Combined75 Enrolled
Riverton Primary School
32.61km
Riverton 5412
PrimaryGovernmentP - 7Combined121 Enrolled
Riverton and District High School
33.05km
Riverton 5412
SecondaryGovernment8 - 12Combined140 Enrolled
Tarlee Primary School
34.27km
Tarlee 5411
PrimaryGovernmentP - 7Combined22 Enrolled

Suburb Insights for Erith 5461

Market Insights
Erith Trends for Houses
Median Value

$405k

18.79%
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Median Growth

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Median Rent

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Rental Yield

5.80%

0.85%
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (04/24 - 03/25)
Erith Trends for Units
Median Value

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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 34

10-19

 

38%

20-29

 

6%

40-49

 

24%

Household Structure
Occupancy
Contact agency
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South Australia data
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Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
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Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.