Suburb Profile Report for Elizabeth Grove SA (5112)

Elizabeth Grove House: Median price $215,000, Annual capital growth 3.71%, Number of sales 29, Weekly median advertised rent $251

Elizabeth Grove Unit: Median price $150,000, Annual capital growth 3.11%, Number of sales 12, Weekly median advertised rent $223

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

SA has seen average median house prices change by 3.17% which means that Elizabeth Grove, 5112 has done well for property investors by showing a capital gain of -3.37% over the last year

Sellers are offering property buyers an average discount of -12.38% to buyers in Elizabeth Grove at the moment, which is less than average for the rest of SA.

On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.

At number 809th in the list of Australian suburbs ordered by increase in median house value over the last year, Elizabeth Grove, 5112 is in the top half with a property value increase of 3.45% recorded in median house prices.

Elizabeth Grove,5112 was ranked 733 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Elizabeth Grove is offering property investors an average of -6.37. This rate of discount on properties puts Suburb at number 96th in terms of most discounted suburbs in SA

Often selling an investment property can take time, and in Elizabeth Grove the average time real estate has been on the market is 55.81 days.

Metrics i HOUSE UNIT
$215,000 $150,000
N/A 1.35%
-3.37% 3.45%
3.71% 3.11%
$251 $223
29 12
6.07% 7.71%
114 55.81

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 2384
Median household income ($/weekly) 593
Median age of persons 34
Median housing loan repayment ($/monthly) 867
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 355 14.9
    25-34 years 320 13.4
    35-44 years 223 9.4
    45-54 years 295 12.4
    55-64 years 260 10.9
    Others 931 39.1
    Age Group
    Census Count Percent(%)
    Not Married 983 58.4
    Registered Married 549 32.6
    Defacto Relationship 151 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1607 72.7
    Japan 25 1.1
    New Zealand 17 0.8
    United Kingdom 276 12.5
    Other 177 8.0
    Others 107 4.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 1.4
    Christianity 1206 58.1
    Hinduism 18 0.9
    Islam 29 1.4
    No Religion 780 37.6
    Others 12 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 76 8.6
    $300-$399 170 19.2
    $400-$599 158 17.9
    $600-$799 127 14.4
    $800-$999 91 10.3
    Others 262 29.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 965 57.1
    Employed, worked full-time 337 20.0
    Employed, worked part-time 198 11.7
    Unemployed, looking for work 126 7.5
    Employed, away from work 63 3.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 77 12.9
    Community & personal service workers 82 13.8
    Sales 65 10.9
    Machinery operators & drivers 85 14.3
    Labourers 149 25.0
    Others 137 23.0
    Occupation
    Census Count Percent(%)
    Pre-school 33 6.6
    Infants/Primary 230 45.8
    Secondary 136 27.1
    Technical or Further Educational Institution 62 12.4
    University or other Tertiary Institutions 29 5.8
    Others 12 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1119 50.2
    Semi-detached, row or terrace house, townhouse 941 42.2
    Flat, unit or apartment 168 7.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 547 57.2
    Being purchased 228 23.8
    Fully owned 179 18.7
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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