Back 38 Sedgehill Rd
Off Market

38 Sedgehill Rd

Elizabeth North SA 5113

3
1
571 m²
House
Last sold for $515,000
Michelle PumpaMichelle Pumpa, last sold this property on 15 October 2025 after 78 days on market.

Overview

Great Investment Opportunity Tenanted 3-Bedroom Home with loads of Potential!

This fantastic 3-bedroom, 1-bathroom home presents a smart investment opportunity with a reliable, neat, and tidy tenant already in place. Whether you're looking to grow your portfolio or secure a ready-to-go rental, this property ticks all the boxes. Features Include: 3 well-sized bedrooms, main bedroom with built-in robes Spacious living area and functional layout Electric stove in the well-appointed kitchen Modernized outdoor pergola, perfect for entertaining Paved entertaining area in a low-maintenance, neat and tidy yard Outdoor spaces are ideal for low-maintenance living and entertaining, while the indoor layout ensures comfortable everyday living for tenants or future owners. Currently returning $430 per week, this property offers a secure income stream with the potential for longer tenancy. Current lease in place til 7th March 2026. Estimated rental return $450.00 - $470.00 per week But there's more than meets the eye-this property has loads of potential. It will strongly appeal to buyers who aren't afraid to roll up their sleeves and unlock further value, whether through light cosmetic upgrades or more strategic improvements down the track. It's a perfect option for investors who want to get the most out of their investment while benefiting from a strong starting position. Set-and-forget, or renovate-and-reward-the choice is yours. Year Built - 1960 (approx.) Wall Construction - Brick Land Size - 571m2 (approx.) Zoning - GN - General Neighbourhood Local Council Playford Current Rental Return - $430.00 per week (approx) Currently tenanted til 07/03/2026 Estimated Rental Return - $450.00 - $470.00 per week (approx) Council Rates - $456.28 p/q (approx.)(based on 2024 rates) Water Rates + Sewerage (excluding Usage) - $176.30 p/q (approx.) Es Levy - $138.70 p/a (approx. - FY 24/25) Easement(s) - no Encumbrance(s) - yes Community Titled

Features

3 bedrooms
1 bathroom
571 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Elizabeth North over the last 12 months, the estimated median property value of 38 Sedgehill Rd is $563k.

Median value
$563k
Estimated value range
$361k - $750k
Median days on market
21
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Elizabeth North. 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 38 Sedgehill Rd

2026
Rented
Undisclosed
Leased on 25 Jan 2026 by Harris Real Estate - North
2025
Sold
$515,000
Private Sale/Treaty on 15 Oct 2025 by Michelle Pumpa, of Kevin Hodges Real Estate
2024
Rented
Undisclosed
Leased on 22 Feb 2024 by Kevin Hodges Real Estate

Happy sellers in Elizabeth North

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

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

This is based on voluntary sentiment collected from 9 reviews in Elizabeth North over the last 12 months.

Local market activity for 3 bedroom houses in Elizabeth North

In the last 12 months, 64 three-bedroom houses similar to 38 Sedgehill Rd, have been sold.

This represents a 16% increase in three-bedroom houses sales when compared to the previous 12 months.

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