15 Yarnbury Road, Elizabeth North SA 5113
15 Yarnbury Road, Elizabeth North SA 5113
This is a 3-bedroom, 1-bathroom house built in 1960 with an internal area of 80 square metres on a 599 square metre lot. It offers 4 car spaces and sits within the Playford council area.
The standout feature here is the land. At 599 square metres, the lot is significantly larger than what is typical for Elizabeth North, where many newer homes sit on subdivided blocks half this size. This gives the property a rare advantage for the area, offering genuine potential for a rear addition, a substantial garden, or even future subdivision subject to council approval. The house itself is a compact 1960s build, which means it is likely straightforward and structurally sound but will feel smaller than modern standards. This property is best suited to a buyer who values land over internal space, such as an investor looking to maximise yield through a future project or a first-home buyer wanting room to expand without moving.
The 1960 construction age and the modest 80 square metre floor plan are the primary factors that may influence the property’s value. An older build at this size often requires updates to wiring, plumbing, or insulation, and the lack of modern finishes means a buyer should budget for renovations. The larger block, while a strength, may also come with higher ongoing maintenance costs for gardens or fencing. The discrepancy in parking counts, noted as both 2 and 4 spaces, suggests the need for a physical inspection to confirm actual usable car accommodation. These factors do not diminish the property’s potential but should be weighed carefully when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Yarnbury Road, Elizabeth North SA 5113
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Elizabeth North presents as a high-growth, entry-level market in northern Adelaide, driven by strong demand from young, first-home buyer households. This demographic is capitalising on relative affordability, fuelling rapid price appreciation and a competitive sales environment with low stock. Future momentum hinges on sustained demand from this core segment, though sensitivity to economic pressures exists given the suburb’s income profile and limited available supply.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
4
Land
599m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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