Lot 2 - Afford Street - Elizabeth Grove
Elizabeth Grove, Adelaide, SA, 5112$ 754,064
Overview
Property ID: LA-21815
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Cars
- 135
Details
Updated on Mar 25, 2026 at 04:00 am
| Property Type: | House and Land |
|---|---|
| Secondary Type: | N/A |
| Price: | $ 754,064 |
| Land Price: | $ 379,000 |
| Build Price: | $ 375,064 |
| Gross Per Week: | $ 580 |
| Gross Per Annum: | $ 30,160 |
| Gross Yield: | 4.00% |
| Capital Growth 12 Months: | 27.91% |
| Capital Growth 10 Year Annualised: | 10.16% |
| Vacancy Rate: | 0.46% |
| Property Size: | 135 m2 |
| Land Area: | 385 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 1 |
| Title Status: | N/A |
| Property ID: | 21815 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us*
Elizabeth Grove, located about 23 km north of Adelaide’s CBD, is a residential suburb within the City of Playford. As part of the greater Elizabeth area, it has a long-standing history as a working-class suburb, originally developed in the mid-20th century to support industrial and manufacturing growth. Today, it remains an affordable and well-connected suburb, appealing to families, retirees, and budget-conscious buyers.
The suburb has several local amenities, with parks and green spaces providing recreational opportunities. Ridley Reserve, located nearby, is a popular sporting hub with football and soccer fields, along with other community facilities. Other smaller parks throughout the suburb offer playgrounds, walking paths, and picnic areas, making it family-friendly. Elizabeth Grove is also close to the Playford Civic Centre, which includes a library, community services, and event spaces.
For shopping, residents primarily rely on the Elizabeth City Centre, one of the largest shopping complexes in northern Adelaide. The centre features major retailers such as Big W, Kmart, and Target, along with supermarkets like Woolworths and Coles. A variety of fashion stores, specialty shops, cafes, and a cinema add to the convenience. Smaller local shops and takeaway food outlets are also available within Elizabeth Grove for everyday needs.
Education is well-supported in the suburb, with several schools nearby. Elizabeth Grove Primary School serves the local community, while Playford International College in the neighboring suburb offers secondary education. Trinity College and St. Patrick’s Technical College are also options for families looking for private schooling within a short drive. The TAFE SA Elizabeth campus provides vocational training and further education opportunities.
Transportation is a strong point for Elizabeth Grove, with well-connected public transport options. The Elizabeth Railway Station is a short distance away, providing regular train services to Adelaide’s CBD in around 30 minutes. Multiple bus routes also run through the suburb, connecting residents to nearby areas and shopping precincts. For those who drive, Main North Road and the Northern Expressway provide easy access to both the city and the Barossa Valley region.
Overall, Elizabeth Grove offers an affordable and convenient lifestyle with good transport links, access to essential amenities, and proximity to one of northern Adelaide’s major shopping and commercial hubs. While it retains its industrial roots, ongoing development and improvements in the broader Elizabeth area continue to make it a practical choice for families and individuals looking for value and convenience.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract