Back 48 Ashfield Rd
Off Market

48 Ashfield Rd

Elizabeth SA 5112

3
1
1
140 m²
822 m²
House
Last sold for $600,000
Mike LaoMike Lao, last sold this property on 27 May 2025 after 21 days on market.

Overview

Investment Opportunity - Solid Brick Home on an 822sqm (approx.) Block!

*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/tYbi3 To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/ Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market this solid brick 3-bedroom home positioned on a generous 822sqm (approx.) block, perfect for investors, young families, and first home buyers alike. Currently tenanted and returning $480 per week, this property is already delivering fantastic returns, making it a ready-made addition to any investment portfolio. Beyond its investment appeal, the home itself offers charming features and a practical layout that caters to comfortable everyday living. Step inside and be welcomed by the spacious front lounge room, enhanced by reverse cycle heating and cooling for year-round comfort. Beautiful baltic pine floorboards, wall sconces, and an eye-catching accent wall create a warm and inviting atmosphere for relaxing or entertaining. The adjoining eat-in kitchen is both functional and welcoming, featuring electric appliances, a 1.5 sink with a convenient mixer tap, easy-care vinyl flooring, and ample bench space with laminate countertops. Off the central hallway, you will find three generous bedrooms. The master bedroom and bedroom three feature pine floorboards, while bedroom two offers cosy carpeting underfoot. A central bathroom services the home, complete with a step-in shower and vanity, and a separate toilet is conveniently located off the laundry area. Heading outside, the covered verandah spans the full width of the home, providing a perfect spot for entertaining or simply enjoying the open air. The expansive backyard is a blank canvas, fully fenced and ready for you to create your dream garden, add a play area, or even extend the home (subject to council consent). With two sheds for all your storage needs and double gates at the rear allowing for ample off-street parking, the practicalities are well covered. Key features you'll love about this home: - Solid brick construction - 822sqm (approx.) block with development potential (STCC) - Reverse cycle heating and cooling in the spacious lounge room - Baltic pine floorboards - Covered verandah overlooking huge backyard - Two sheds and double rear gates for off street parking Enjoy the convenience of this central location - just a short walk to the local bus stop, Clifton Gardens, and Playground, with Elizabeth City Centre only a 2-minute drive away for all your shopping needs. Families will appreciate proximity to Elizabeth Grove Primary School and Playford International College. Plus, with the Adelaide CBD approximately 40 minutes away, you have easy access to the best the city has to offer. Call Mike Lao on 0410 390 250 or Brendon Ly on 0447 888 444 to inspect! Year Built / 1957 (approx) Land Size / 822sqm (approx) Frontage / 17.98m (approx) Zoning / GN - General Neighbourhood Local Council / City of Playford Council Rates / $1,913.80 pa (approx) Water Rates (excluding Usage) / $662.20 pa (approx) Es Levy / $113.70 pa (approx) Estimated Rental / $480-$520pw Current Rental / Periodic lease of $480pw Title / Torrens Title 5256/370 Easements / Subject to service easement for sewerage purposes - See title Encumbrance(s) / Nil Internal Living / 89.4sqm (approx) Total Building / 151.1sqm (approx) Construction / Solid Brick Gas / Not Connected Sewerage / Mains Selling Investment For additional property information such as the Certificate Title, please copy and paste this link into your browser: https://vltre.co/NEJYCB 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
1 bathroom
1 carspace
1 open car space
140 m² floor area
822 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Elizabeth over the last 12 months, the estimated median property value of 48 Ashfield Rd is $665k.

Median value
$665k
Estimated value range
$580k - $720k
Median days on market
37
Estimated value trend
24%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Elizabeth. 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 48 Ashfield Rd

2025
Sold
$600,000
27 May 2025 by Mike Lao, of Edge Realty
2023
Sold
Undisclosed
24 Feb 2023 by Arahan Virjee, of Exp Australia SA
2022
Sold
$290,000
24 Mar 2022 by Mike Lao, of Edge Realty

Happy sellers in Elizabeth

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We have insufficient information to provide an overview of customer satisfaction for Elizabeth. Viewing the agent profiles, reviews and sales for Elizabeth can provide insights for this location.

Local market activity for 3 bedroom houses in Elizabeth

In the last 12 months, 8 three-bedroom houses similar to 48 Ashfield Rd, have been sold.

This represents a 60% decrease in three-bedroom houses sales when compared to the previous 12 months.

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