107 Hogarth Road, Elizabeth South SA 5112

1960s solid brick | 829m² north-facing allotment | oversized double carport + workshop | HDN zoning for future density | walk to shops and schools This house presents a strong foundation play in a transforming corridor. Its oversized 829m² block in a Housing Diversity Neighbourhood zone is the key strategic advantage, offering future subdivision potential or simply significant outdoor space rare for the price point. The solid brick construction, recent internal updates, and multiple covered parking options make it a immediately livable and low-maintenance proposition, best serving an owner-occupier seeking space or an investor positioned for land banking. The primary risk is the suburb’s price volatility, where value is tightly linked to land size, not the dated building footprint. Your commercial logic is securing a large, flat block with development optionality before zoning changes are fully capitalised. Hold for the long-term land appreciation, using the existing solid structure to service the mortgage while the area matures. Comparable sales indicate this listing is competitively positioned: – 103 Willison Road (616m², 3 bed): $599k-$649k range – 225 Hogarth Road, Elizabeth Grove (843m², 3 bed): ~$644k estimate – 47 Bubner Street (562m², 2 bed): $469k-$509k The subject property’s larger land parcel compared to 103 Willison Road, at a similar price point, suggests its valuation is anchored to its plot size. The higher valuation for 225 Hogarth Road, with a similar build but larger land, confirms this market premium for scale, supporting the case for this property’s underlying land value.