57 Fairfield Road, Elizabeth Grove SA 5112
57 Fairfield Road, Elizabeth Grove SA 5112
3-4 bedrooms, 1-2 bathrooms, double brick single story home on 925 square metres with 26.3 metre frontage, built 1962, internal area 127 square metres.
The standout feature here is the land. A 925 square metre allotment with a 26.3 metre frontage is rare in Elizabeth Grove, where most modern subdivisions sit on much smaller blocks. This positions the property as one of the larger offerings in the suburb, appealing primarily to buyers who value space or see potential in the land itself. The double brick construction from 1962 is solid and typical of the area’s post-war stock, but the property is described as having “endless potential,” which suggests it may need updating. This makes it best suited for a family wanting room to spread out, or for an investor or developer considering future subdivision, though no zoning confirmation is available.
The conflicting bedroom and bathroom counts across listings may create uncertainty, which could affect perceived value until verified in person. The age of the building means systems like plumbing, wiring, and insulation may require attention, and the “endless potential” descriptor hints at renovation needs rather than move-in readiness. The wide frontage does support good vehicle access and subdivision possibilities, but any development would depend on council approval. Buyers should weigh the cost of updates against the land value, as the property’s primary worth appears to be in its generous lot rather than its current condition.
Detailed Independent Property Report prepared by PropCred Analyst team for 57 Fairfield Road, Elizabeth Grove SA 5112
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Elizabeth Grove is a tightly held northern Adelaide suburb experiencing a period of significant capital appreciation, driven by strong seller sentiment and consistent buyer activity. Demand is anchored by local owner-occupiers, with a notable portion of households servicing mortgages, indicating established residency. Recent price growth has been robust, supported by a brisk sales volume and low days on market, reflecting competitive conditions. Future momentum is linked to its established road infrastructure, though growth may be tempered by limited new unit supply and the suburb’s sensitivity to broader interest rate movements given existing debt levels.
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PropCred Estimated Value
Bedrooms
4
Bathroom
1
Parking
2
Land
925m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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