Back 36A Marcian Ave
Off Market

36A Marcian Ave

Elizabeth Downs SA 5113

3
3
1
116 m²
298 m²
House
Last sold for $640,000
Mike LaoMike Lao, last sold this property on 11 November 2025 after 7 days on market.

Overview

High-Yield Investment - An Ideal Set-and-Forget Opportunity!

*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser* Virtual Tour Link: https://shorturl.at/y6v98 To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/ Mike Lao, Tyson Bennett and Edge Realty RLA256385 are proud to present to the market a stylish, modern and low-maintenance property set in the heart of Elizabeth Downs. Currently operating as a rooming home, it currently generates $530 per week with two tenancies in place, and one vacant room ready to be leased. This setup offers a lucrative return for savvy investors or the ability for owner-occupiers to transform it into the ultimate family haven with room for everyone to live, work, and play. At the rear of the home is an open-plan living area, thoughtfully designed to create a seamless flow between kitchen, dining, and living spaces. Contemporary floating floors add warmth, while reverse-cycle air-conditioning ensures year-round comfort. Glass sliding doors fill the space with natural light and offer the perfect transition for indoor-outdoor living. The open-plan kitchen keeps the home chef connected to family activities whilst preparing delicious feasts. Featuring quality appliances, including a gas cooktop, oven, and dishwasher, meal preparation is a breeze. Ample storage is provided by built-in cabinetry, soft-close drawers, and a durable laminate benchtops with a breakfast bar, ideal for casual dining or homework sessions with the kids. On offer are 3 bedrooms and 3 bathrooms - offering ample space, privacy and convenience. All bedrooms come with mirrored built-in robes, split-system air-conditioning, roller blinds and plush carpet flooring for ultimate comfort. Bedroom 1 and 2 have their own 3-piece en-suite, while bedroom 3 enjoys easy access to bathroom containing a shower, vanity, toilet and bathtub. Step outside and discover a fully fenced backyard, offering plenty of space for kids, pets, or creating your ideal outdoor entertaining area (Subject to Approval from Council & All Other Relevant Authorities - STCA). Key features you'll love about this home: - Reverse-cycle split-system air-conditioning units in all bedrooms, and open plan living - Rainwater tank for the eco-conscious buyer - Single garage with automatic roller door and internal and rear access - Being sold with a range of furnishings and whitegoods, providing an easy move-in option for new owners or a turnkey investment for those seeking a fully-equipped rooming house - NBN ready This wonderful home's central location is sure to impress. All of the shopping, dining and entertainment of Munno Para Shopping City is just moments from your front door and you are also close to public transport and major roads for a quick commute. Nearby schools include Elizabeth Downs Primary School, Blakeview Primary and Preschool, Trinity College and Craigmore High School. A few streets over you'll find Argana Park - home to multiple sporting clubs, or St Leonard Reserve for weekend picnics. If you are travelling to the city, you can be in the heart of Adelaide within 45 minutes, thanks to the Expressway. Call Mike Lao on 0410 390 250 or Tyson Bennett on 0437 161 997 to inspect! Year Built / 2025 (approx) Land Size / 298sqm (approx) Frontage / 9.3m (approx) Zoning / GN - General Neighbourhood Local Council / City of Playford Council Rates / $1,951.80pa (approx) Water Rates (excluding Usage) / $705.20pa (approx) Es Levy / $117.40pa (approx) Current Rental / 2 rooms leased - Fixed lease of $260pw until 19/1/26 & periodic lease of $270 pw Estimated Rental / $580-$630pw Title / Torrens Title 6193/142 Easement(s) / Nil Encumbrance(s) / Nil Internal Living / 98.2sqm (approx) Total Building / 116.1sqm (approx) Construction / Brick Veneer Gas / Connected Sewerage / Mains Selling Investment For additional property information such as the Certificate of Title, please copy and paste this link into your browser: https://vltre.co/4YAFBU If this property is to be sold via Auction, we recommend you review the Vendors Statement (Form 1) which can be inspected at the Edge Realty Office at 4/25 Wiltshire Street, Salisbury for 3 consecutive business days prior to the Auction and at the Auction for 30 minutes before it starts. Please contact us to request a copy of the Contract of Sale prior to the Auction. Want to find out where your property sits within the market? Receive a free online appraisal of your property delivered to your inbox by entering your details here: https://www.edgerealty.com.au/ Edge Realty RLA256385 are working directly with the current government requirements associated with Open Inspections, Auctions and preventive measures for the health and safety of its clients and buyers entering any one of our properties. Please note that social distancing is recommended and all attendees will be required to check-in. Disclaimer: We have obtained all information in this document from sources we believe to be reliable; However we cannot guarantee its accuracy and no warranty or representation is given or made as to the correctness of information supplied and neither the Vendors or their Agent can accept responsibility for error or omissions. Prospective Purchasers are advised to carry out their own investigations. All inclusions and exclusions must be confirmed in the Contract of Sale.

Features

3 bedrooms
3 bathrooms
1 carspace
1 garage space
116 m² floor area
298 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Elizabeth Downs over the last 12 months, the estimated median property value of 36A Marcian Ave is $600k.

Median value
$600k
Estimated value range
$340k - $770k
Median days on market
27
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Elizabeth Downs. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 36A Marcian Ave

2026
Rented
Undisclosed
Leased on 08 Mar 2026 by Silvertail Property Management
2025
Sold
$640,000
11 Nov 2025 by Mike Lao, of Edge Realty
2025
Rented
Undisclosed
Leased on 13 Oct 2025 by Silvertail Property Management

Happy sellers in Elizabeth Downs

98%
98% of sellers in Elizabeth Downs reported that their sale price either exceeded or met their price expectations.

Elizabeth Downs stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Elizabeth Downs over the last 12 months.

Local market activity for 3 bedroom houses in Elizabeth Downs

In the last 12 months, 109 three-bedroom houses similar to 36A Marcian Ave, have been sold.

This represents a 4% decrease in three-bedroom houses sales when compared to the previous 12 months.

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