Elizabeth South, 5112 ranked 129th in SA when comparing growth in median property values or capital gain over the last 12 months. Elizabeth South is one of 853 in our list for SA
Over the longer term, Elizabeth South has seen property prices show investors a 9.76% return over the last 3 years. This is worse than over the last 12 months
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.17% offered to property buyers. Sellers in Elizabeth South itself are offering an average vendor discount of -6.91% to real estate investors.
Property investors should expect to get $251 weekly from the median priced house in this suburb.
Over the last year, property investments in Elizabeth South, 5112 have given investors a capital gain of 5.84%. This compares favourably with the 3.21% for SA as a whole.
Across a shorter period, Elizabeth South, 5112 has seen a median price increase of 4.32% over the last quarter.
The most recent median price for Elizabeth South is $145000, with sellers offering an average of -5.04% off the asking price.
A $220 per week rent on the median house gives suburb investors a gross yield of circa 7.89%, without taking into account capital value appreciation, which has been averaging out at 2.27%.