Suburb Profile Report for Elizabeth Vale SA (5112)

Elizabeth Vale House: Median price $231,000, Annual capital growth 3.31%, Number of sales 55, Weekly median advertised rent $270

Elizabeth Vale Unit: Median price $120,250, Annual capital growth 0.38%, Number of sales 11, Weekly median advertised rent $211

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Elizabeth Vale has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.54%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Elizabeth Vale has increased when compared to the 5 year average annual rate.

Property buyers and investors in Elizabeth Vale 5112 should be seeing an average reduction in asking price of around -8.24% . This means that Elizabeth Vale is holding prices well when compared to other suburbs in SA.

At number 1958 in a list of fastest selling suburbs, Elizabeth Vale is just in the bottom half of suburbs in Australia with an average of days on market 83.71 for properties listed there.

Elizabeth Vale, 5112’s gross rental yield is 6.08%

Property value increases in Elizabeth Vale have tracked lower than the SA average of 3.64% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Elizabeth Vale has fallen somewhat when compared to the 5 year average annual rate.

Property investors looking for a bargain in Elizabeth Vale should be aiming for at least -5.67% off the asking price, which is the average vendor discount being achieved at the moment.

Renters in Suburb are facing rents around $2532 per annum or $211 every week.

HOUSE UNIT
$231,000 $120,250
0.43% N/A
1.54% -17.07%
3.31% 0.38%
$270 $211
55 11
6.08% 9.12%
83.71 82.66

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 3589
Median household income ($/weekly) 637
Median age of persons 40
Median housing loan repayment ($/monthly) 1083
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 409 11.4
    25-34 years 433 12.1
    35-44 years 433 12.1
    45-54 years 463 12.9
    75-84 years 372 10.4
    Others 1479 41.2
    Age Group
    Census Count Percent(%)
    Not Married 1526 57.7
    Registered Married 913 34.5
    Defacto Relationship 208 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2296 68.7
    Greece 30 0.9
    Indonesia 33 1.0
    United Kingdom 570 17.1
    Other 199 6.0
    Others 212 6.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 41 1.3
    Christianity 1878 59.7
    Hinduism 36 1.1
    Islam 90 2.9
    No Religion 1086 34.5
    Others 13 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 227 16.3
    $400-$599 273 19.6
    $600-$799 232 16.6
    $800-$999 140 10.0
    $1,000-$1,249 116 8.3
    Others 406 29.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1626 58.6
    Employed, worked full-time 581 20.9
    Employed, worked part-time 319 11.5
    Unemployed, looking for work 168 6.0
    Employed, away from work 83 3.0
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 151 15.4
    Community & personal service workers 141 14.4
    Clerical & administrative workers 114 11.6
    Machinery operators & drivers 126 12.8
    Labourers 203 20.7
    Others 246 25.1
    Occupation
    Census Count Percent(%)
    Pre-school 44 6.6
    Infants/Primary 260 39.0
    Secondary 178 26.7
    Technical or Further Educational Institution 109 16.4
    University or other Tertiary Institutions 50 7.5
    Others 25 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2091 63.4
    Semi-detached, row or terrace house, townhouse 1013 30.7
    Flat, unit or apartment 192 5.8
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 731 49.5
    Being purchased 380 25.7
    Fully owned 334 22.6
    Other tenure type 33 2.2
    Tenure Type
Census 2011, ABS
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Recent sales & rentals