House & Land
For Sale

House and Land in Elizabeth Park, SA

Elizabeth Park · SA · 5113
3Bed
2Bath
1Car
$730,000
Land 239 m² · House 129 m²
Total Weekly
$620
across 1 stream
Total Annual
$32,240
projected gross income
Income Streams
1
House
Energy Rating
7
turnkey build
The location

Where it sits.

Elizabeth Park · 5113, SA
About this investment

A closer look.

Elizabeth Park house delivering $620 per week in long-term rental income. Entry-level northern Adelaide growth play, 19.12% annual capital appreciation, 4.46% gross yield, and positioned within Australia's fastest-growing local government area.

Key highlights

  • $610 weekly income, 4.46% gross yield on entry price
  • 19.12% annual capital growth, significantly above state average
  • Fixed-price construction, concrete driveway, perimeter fencing included
  • Elizabeth interchange 2 - 3km away, 30 minutes to Adelaide CBD
  • Lyell McEwin Hospital expansion catalyst, Edinburgh Parks employment hub

Why this investment works

Immediate cash flow from day one

The $610 weekly rental income translates to strong positive cash flow on a sub-$630k purchase price in a market where median weekly rent sits at $500. You are buying above market rent, insulating cash flow from near-term rental cycles.

Capital growth backed by infrastructure spend

The $47 million Lyell McEwin expansion completed May 2025 and the Playford Commercial Hub under construction are material employment catalysts. City of Playford has committed $38.4 million to asset renewal in 2026 / 27, anchoring sustained demand.

14.7% population growth already locked in

Elizabeth Park grew 14.7% from 2016 to 2021 as families sought affordability within reach of northern industrial and logistics employment. The Playford Alive master-planned community (40,000-person target) is actively developing adjacent suburbs, sustaining tenant and buyer pressure.

Fixed-price construction removes cost risk

Locked-in footings and construction pricing protects you from labour and material inflation. Concrete driveway, perimeter fencing, and NBN provisions come standard, reducing post-settlement capex surprises.

Property features 68 inclusions
  • Fixed price footings
  • Fixed price construction
  • Concrete driveway
  • Concrete perimeter paths
  • Perimeter fencing
  • 2.4m high ceilings
  • Alarm system
  • NBN provisions
  • Quality kitchen appliances
  • Quality bathroom fixtures
  • Clothesline
  • TV antenna
  • Timber frame (AS 1684, N3 wind load), 90mm structural wall framing
  • AAC panel with render finish, Axon cladding (painted)
  • Raft footing/slab: 100mm thick SL72 mesh, termite barrier
  • 25-year structural guarantee
  • Home indemnity & liability insurance
  • Survey, working drawings, approvals, engineering reports, energy compliance report, contour site plan
  • 3-month maintenance after handover
  • Colorbond roof, fascia & gutters
  • Boundary gutters, 900mm downpipes, whirlybird
  • Aluminium windows & sliding doors (powder-coated, keyed alike)
  • Obscured glazing to wet areas
  • Flyscreens to sliding doors
  • Solid core external door & feature entry door
  • Window architraves & reveals (67mm)
  • 10mm plasterboard (walls & ceilings), water-resistant to wet areas
  • 55mm cove cornices
  • Skirtings & architraves: 67mm square
  • Internal doors: 2040mm
  • Door stops to all doors
  • Paint: 2 coats matte to walls, ceilings, cornices, doors, architraves, eaves
  • Laminate to living, kitchen, passage and bedrooms
  • Laminate benchtops & cupboards
  • 600mm oven, cooktop, rangehood, dishwasher
  • Double bowl stainless steel sink & mixer tap
  • Island bench (laminate)
  • 1200mm laminate cabinet & trough
  • Stainless steel inset sink & tapware
  • Splashback 300mm above trough, tiled skirting
  • 900mm vanity (laminate)
  • Shower screens, polished edge mirrors
  • Basins, taps, showerheads, toilets
  • Bath to main bathroom
  • Towel rails, toilet roll holders
  • Kitchen splashback to underside of overhead cupboards (up to 700mm)
  • Bathroom walls: 150mm skirting tiles, 2000mm to showers (600x300)
  • Bathroom & ensuite floors: 300x300 tiles
  • Laundry skirting & splashback
  • Porch floor: 450x450 stack bond
  • 2 x split systems (2.5kW master, 5.0kW living/meals)
  • Electric heat pump hot water
  • Sewer, stormwater, gas, water connections
  • Rainwater tank (1000L) with pump
  • Internal LED downlights
  • Ceiling fans to bedrooms 2 & 3
  • 3-in-1 heat/light to bathrooms
  • External LED porch light, batten lights to laundry/rear
  • Power points, data points, switches
  • Smoke detectors, safety switch
  • Master: walk-in robe
  • Bedrooms 2 & 3: mirror/vinyl sliding doors
  • Linen cupboard
  • Good neighbour fencing & side gate
  • Landscaping to front & rear
  • Letterbox, external tap
  • Blackout blinds to windows
  • Colour scheme Dark
The layout

Floor plan.

1 plan

Get in touch.

Have a question about this property or want to talk through the numbers? Drop a message and Nick will respond shortly.

✓ Thanks, your message is with Nick. He'll be in touch soon.