Suburb Profile Report for Elizabeth Grove SA (5112)

Elizabeth Grove House: Median price $222,500, Annual capital growth 3.99%, Number of sales 29, Weekly median advertised rent $251

Elizabeth Grove Unit: Median price $146,750, Annual capital growth 3.47%, Number of sales 15, Weekly median advertised rent $215

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

Source: CoreLogic

  • House Report
  • Unit Report

Elizabeth Grove, 5112 ranked 256th in SA when comparing growth in median property values or capital gain over the last 12 months. Elizabeth Grove is one of 853 in our list for SA

Elizabeth Grove,5112 has offered an average of 2.06% return per annum in house price rises to property investors over the last three years.

Elizabeth Grove5112 is located in SA which offers an average discount of -6.55% to property investors. Elizabeth Grove itself is showing figures that indicate -11.86% is the average achievable by property buyers investing in the suburb.

At number 2619 in a list of fastest selling suburbs, Elizabeth Grove is in the bottom 40% of suburbs in Australia with an average of days on market 100.69 for properties listed there.

A $251 per week rent on the median house gives suburb investors a gross yield of circa 5.87%, without taking into account capital value appreciation, which has been averaging out at 3.99%.

With a capital gain of 2.98% for the last 12 months, Elizabeth Grove, 5112 has performed for property investments than its average annual 3.47% property growth over the last 5 years.

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.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Elizabeth Grove, 5112. Typically our figures indicate that -5.67% is being offered, which puts this SA suburb at 577th most discounted overall in Australia.

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

HOUSE UNIT
$222,500 $146,750
1.14% 8.70%
2.06% 2.98%
3.99% 3.47%
$251 $215
29 15
5.87% 7.62%
100.69 62.61

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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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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