Suburb Profile Report for Elizabeth Grove SA (5112)

Elizabeth Grove House: Median price $220,000, Annual capital growth 3.19%, Number of sales 26, Weekly median advertised rent $260

Elizabeth Grove Unit: Median price $146,000, Annual capital growth 2.46%, Number of sales 15, Weekly median advertised rent $225

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 3081th in the list of Australian suburbs ordered by increase in median house value over the last year, Elizabeth Grove, 5112 is in the BOTTOM 30% with a property value increase of 0.00% recorded in median house prices.

While Elizabeth Grove,5112 ranked number 101th in SA for increase in median house value (annualised) increase, it is ranked 361th over the last 5 years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Elizabeth Grove itself are offering an average vendor discount of -8.47% to real estate investors.

The SA suburb of Elizabeth Grove, 5112 is in the Playford local government area.

Property value increases in Elizabeth Grove have tracked just higher than the SA average of 3.61% over the last 12 months.

Over the longer term, Elizabeth Grove has seen property prices show investors a 2.82% return over the last 3 years. This is an improvement over the last 12 months

Vendor discounting in Elizabeth Grove is giving property investors an average Vendor Discount of around -5.85%. This puts suburb at number 91th in SA when ranking the most discounted suburbs.

At number 874 in a list of fastest selling suburbs, Elizabeth Grove is just in the bottom half of suburbs in Australia with an average of days on market 81.07 for properties listed there.

A $225 per week rent on the median house gives suburb investors a gross yield of circa 8.01%, without taking into account capital value appreciation, which has been averaging out at 2.46%.

Metrics i HOUSE UNIT
$220,000 $146,000
3.53% N/A
0.00% 8.15%
3.19% 2.46%
$260 $225
26 15
6.15% 8.01%
103.9 81.07

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Elizabeth Grove SA
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
Chart Table
Recent sales & rentals