97 Mckenzie Road, Elizabeth Downs SA 5113

97 Mckenzie Road, Elizabeth Downs SA 5113
4 bed 2 bath 3 car | 692m² block | 22% site coverage | family-oriented suburban pocket | ducted heating and cooling The property’s 4-bedroom, 2-bathroom, and 3-car configuration is notably stronger than the typical older housing stock in Elizabeth Downs, where 3-bedroom, 1-bathroom homes are more common. The low 22% site coverage on a 692m² allotment provides a generous, usable yard that supports family living, outdoor entertaining, and vehicle storage. Built in 1974 but updated with ducted heating and cooling, a dishwasher, and built-in robes, the house sits above basic original-condition stock. It is best suited to families seeking multiple bedrooms, practical upgrades, and land size over inner-urban amenity, or buyers needing flexibility for home office or multigenerational use. The older 1974 build may affect long-term maintenance expectations, particularly for roofing, plumbing, or electrical systems, though no immediate issues are flagged. The absence of bushfire, flood, or heritage overlays reduces regulatory risk, but the property’s value is tied more to its land size and configuration than to architectural distinction or premium finishes. The ducted heating and cooling are practical positives, yet the house lacks high-end specification that would justify a significant premium. Buyers should weigh the trade-off between a larger block and older build age when forming a view on price, as the land’s utility is the primary value driver here.
Detailed Independent Property Report prepared  by PropCred Analyst team for 97 Mckenzie Road, Elizabeth Downs SA 5113
Checks found:
Value Risk ! 1
Liquidity Risk 2
Planning Risk 2
Income Risk ! 1
Execution Risk ! 1
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Insight: Elizabeth Downs SA 5113

Elizabeth Downs presents a compelling entry point into Adelaide’s northern corridor, characterised by strong recent capital growth and high rental yields. Demand is driven by first-home buyers and investors attracted by affordability relative to broader markets and robust rental returns, supported by a stable, renter-majority population. The market exhibits very strong price momentum with houses transacting quickly, indicating sustained buyer appetite. Future growth is underpinned by this fundamental demand, though its rapid appreciation introduces sensitivity to economic shifts and affordability pressures for its predominantly working resident base.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

3

Land

692m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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