36 Ballard Street, Elizabeth East SA 5112
36 Ballard Street, Elizabeth East SA 5112
Large block | mixed-age street | school catchment | redevelopment potential | older house
This property sits on a substantial allotment in an established residential pocket where land is the dominant value driver. The street itself contains both older large-block houses and newer infill dwellings, so the immediate neighbourhood is mixed in age and configuration rather than uniform. For a buyer wanting space, future flexibility, or a property that could accommodate renovation or redevelopment down the track, this house offers a rare combination of size and position. It suits families prioritising school proximity and outdoor room, or buyers who see long-term potential in the land itself.
The value may be influenced by the condition of the existing dwelling, since older stock in the area often requires updating. The large block size might support subdivision or a new dwelling subject to council approval, which could add meaningful upside. The presence of a bushfire overlay at nearby properties may also affect insurance or future development plans. Buyers should weigh the trade-off between immediate liveability and the longer-term opportunity the land presents.
|| Comparable Sales: 7 Ballard Street sold at $625,000; 32 Catalina Road sold at $521,500 | Property Price Band: $500,000–$600,000 | Value Drivers: land size, redevelopment potential, school catchment
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Ballard Street, Elizabeth East SA 5112
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Elizabeth East presents as a highly affordable entry point into the Adelaide market, attracting a demographic of practical buyers seeking value. Demand is driven by this affordability, supported by a consistent sales volume indicating steady interest. Recent price trends show robust growth, reflecting a healthy market where balanced conditions prevent seller urgency. Future momentum hinges on sustained affordability, though the market’s current equilibrium suggests stable, incremental growth ahead without significant supply pressures.
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PropCred Estimated Value
Comparable Sales: 7 Ballard Street sold at $625,000; 32 Catalina Road sold at $521,500 | Property Price Band: $500,000–$600,000 | Value Drivers: land size, redevelopment potential, school catchment
Bedrooms
3
Bathroom
2
Parking
8
Land
1023m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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