6 Broughton Road, Elizabeth Vale SA 5112
6 Broughton Road, Elizabeth Vale SA 5112
This is a 1962-built, single-level 3-bedroom, 1-bathroom house on a 954 m² corner allotment with 112 m² of internal living space and one parking spot. The land size is the defining feature here, far exceeding typical suburban blocks and positioning it firmly for redevelopment.
What is competitively strong about this property is the land itself. A 954 m² corner allotment with strategic innovation zoning is rare in Elizabeth Vale and creates a clear development pathway that standard homes in the suburb simply cannot offer. The house is a secondary consideration; the primary value is in the site’s potential for subdivision or higher-density use. This property is best suited to developers or investors looking to unlock land value, not owner-occupiers seeking a turnkey family home. Its location near the Lyell McEwin Hospital and new developments reinforces the area’s growth trajectory, making the timing of a purchase here potentially advantageous for someone with a medium-term horizon.
Several factors may materially affect the property’s value and sale price. The 1962 building is dated and will likely require significant renovation if retained, which could deter conventional buyers and narrow the market to those focused on the land. The single parking space is a constraint for a three-bedroom house, potentially limiting its appeal as a rental if kept as-is. The strategic innovation zoning is a double-edged sword; it signals upside for redevelopment but also means the buyer must carefully assess council requirements and feasibility costs before forming a price view. Nearby development activity may cause temporary disruption but also supports long-term demand in the area.
Detailed Independent Property Report prepared by PropCred Analyst team for 6 Broughton Road, Elizabeth Vale SA 5112
Checks found:
Value Risk
✓
Liquidity Risk
✓
Planning Risk
✓
Income Risk
!
1
Execution Risk
✓
Market Insight
Elizabeth Vale presents a market of robust momentum, with house prices experiencing strong annual growth and properties transacting within a competitive timeframe. Demand appears anchored in the established housing segment, supported by solid rental yields and consistent tenant interest across family-sized homes. While the market demonstrates healthy balance without seller urgency, its future trajectory will depend on broader economic factors and the potential emergence of new local catalysts.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
954m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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