At number 1718th 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 7.14% recorded in median house prices.
Elizabeth Grove,5112 was ranked 1733 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Elizabeth Grove are currently offering property investors an average price cut of -11.53% below the asking price at the moment.
In the last year 26 properties changed hands in Elizabeth Grove, which puts it as the 321th most active market in SA when comparing the number of sales per suburb.
Elizabeth Grove, 5112’s gross rental yield is 6.01%
Giving property investors a an unimpressive capital gain of -1.79% for the last year, Elizabeth Grove, 5112 is the 1262th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Elizabeth Grove has fallen somewhat when compared to the 5 year average annual rate.
Vendor discounting in Elizabeth Grove is giving property investors an average Vendor Discount of around -5.26%. This puts suburb at number 101th in SA when ranking the most discounted suburbs.
Residents and property investors in Elizabeth Grove have been waiting around 72.15 days to sell a property.
Advertised rents are around the $211 mark per week – giving a return of 7.98% based on the median price in Suburb