4 Stakes Cres, Elizabeth Downs SA 5113

3-bedroom duplex on 512sqm | evaporative cooling and shed | flood overlay detected | strong comparables nearby | school catchment zone This property presents a compelling proposition for a buyer seeking a well-located entry-level home with expansion potential in a stable suburban market. The 1960s duplex on a generous 512sqm lot offers a rare combination of a solid floorplan with built-in robes and an outdoor entertainment area, while the shed adds practical utility. Its positioning within the Craigmore High School catchment and the availability of reliable NBN and 5G coverage strengthen its appeal for families or investors. The recent nearby sale of a comparable property at 80 Stakes Cres for $480,000 provides a credible benchmark, reinforcing the property’s competitive pricing position. The detected flood overlay is the primary risk and should be investigated through council records and insurance quotes before proceeding. However, the absence of bushfire or heritage overlays simplifies due diligence. The opportunity lies in the property’s potential as part of a paired listing with 23 Bartlett Street, which could appeal to developers or investors seeking a larger site. With a strong rental estimate of $490 per week, the house also offers a viable hold strategy for buyers looking to offset holding costs while the market matures.