48 Ashfield Road, Elizabeth, SA 5112 | House for sale | OnTheHouse
 
FOR SALE
$715,000 - $785,000

48 Ashfield Road
Elizabeth SA 5112

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 149m2
Land area: 822m2
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*For an in-depth look at this home, please click on the 3D tour for a virtual walk-through or copy and paste this link into your browser*
Virtual Tour Link: https://shorturl.at/IiNRb
To submit an offer, please copy and paste this link into your browser: https://www.edgerealty.com.au/buying/make-an-offer/
Mike Lao, Brendon Ly and Edge Realty RLA256385 are proud to present to the market a solid brick three bedroom home positioned on a generous 822sqm (approx.) allotment, offering outstanding appeal for investors, developers and first home buyers alike. Currently tenanted on a fixed lease and returning $550 per week until 15/7/26, this is a readymade investment delivering immediate income, while also presenting exciting future subdivision or redevelopment potential (Subject to Approval from Council & All Other Relevant Authorities - STCA).
Set behind a spacious frontage, the home offers a practical and comfortable layout designed for everyday living. The inviting lounge room is filled with natural light and features beautiful Baltic pine floorboards, decorative wall sconces and reverse cycle heating and cooling for year round comfort. Generously sized, it provides the perfect setting to unwind at the end of the day, gather with family or entertain guests in a relaxed and comfortable environment.
Positioned alongside the living area, the combined kitchen and meals area provides a functional hub for everyday living. Laminate cabinetry and benchtops offer generous preparation space, while the Chef freestanding electric cooktop and oven, 1.5 sink with mixer tap and durable linoleum flooring ensure practicality for busy households. Whether enjoyed as is or updated to suit your own style, the space offers plenty of potential to add value over time.
Three well proportioned bedrooms branch off the central hallway, providing comfortable accommodation for families, tenants or guests. The master bedroom and bedroom two are finished with pine floorboards that add character, while bedroom three features carpet underfoot. Centrally positioned, the bathroom is equipped with a shower and vanity, while a separate toilet located off the laundry adds convenience for busy households.
Stepping outside, the flat roof verandah provides a fantastic space for year round entertaining while overlooking the expansive backyard. Fully fenced and offering an abundance of open space, the rear yard presents endless possibilities for children and pets to enjoy, future landscaping projects, extensions or potential redevelopment opportunities (STCA). Two sheds provide valuable storage, while double rear gates offer convenient off street parking access for additional vehicles, trailers or equipment.
Key features you'll love about this home:
- Solid brick construction
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Property Details for 48 Ashfield Rd, Elizabeth

48 Ashfield Rd, Elizabeth is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1957. The property has a land size of 822m2 and floor size of 149m2. The place is currently for sale with Edge Realty (SA).

Building Type
House
Year Built
1957
Floor Size
149m2
Land Size
822m2
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About Elizabeth 5112

The size of Elizabeth is approximately 1.9 square kilometres. There are 9 parks, covering nearly 27.4% of the total area. The population of Elizabeth in 2016 was 1024 people. By 2021 the population was 1033 showing a population growth of 0.9% in the area during that time. The predominant age group in Elizabeth is 40-49 years. Households in Elizabeth are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth work in a labourer occupation.In 2021, 43.50% of the homes in Elizabeth were owner-occupied compared with 45.30% in 2016.

Elizabeth has 596 properties. Over the last 5 years, Houses in Elizabeth have seen a 196.15% increase in median value, while Units have seen a 185.32% increase. As at 30 April 2026:

  • The median value for Houses in Elizabeth is $634,372 while the median value for Units is $395,488.
  • Houses have a median rent of $490 while Units have a median rent of $220.
There are currently 6 properties listed for sale, and no properties listed for rent in Elizabeth on OnTheHouse. According to Cotality's data, 29 properties were sold in the past 12 months in Elizabeth.

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Mike Lao
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Brendon Ly
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Edge Realty (SA)
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