Suburb Profile Report for Elizabeth North SA (5113)

Elizabeth North House: Median price $193,000, Annual capital growth 3.59%, Number of sales 41, Weekly median advertised rent $255

Elizabeth North Unit: Median price $142,500, Annual capital growth 1.93%, Number of sales 40, Weekly median advertised rent $220

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Elizabeth North, 5113 ranked 119th in SA when comparing growth in median property values or capital gain over the last 12 months. Elizabeth North is one of 853 in our list for SA

When looking at the potential capital gains offered to property investors over the last 3 years, Elizabeth North comes in at number 231th in SA.

Sellers are offering property buyers an average discount of -7.73% to buyers in Elizabeth North at the moment, which is less than average for the rest of SA.

Advertised rents are around the $255 mark per week – giving a return of 6.87% based on the median price in Suburb

Over the last year, property investments in Elizabeth North, 5113 have given investors a capital gain of 0.00%. This compares badly with the 3.97% for SA as a whole.

If we look at median property appreciation over just the last three months, Elizabeth North has given property investors a paper return of 3.26%. This puts Suburb as 58 on a list of fastest fasting appreciating suburbs in SA

Elizabeth North5113 is located in SA which offers an average discount of -6.40% to property investors. Elizabeth North itself is showing figures that indicate -9.14% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Elizabeth North have been waiting around 80.81 days to sell a property.

A $220 per week rent on the median house gives suburb investors a gross yield of circa 8.03%, without taking into account capital value appreciation, which has been averaging out at 1.93%.

Information supplied by:


February 2017

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With a median value of $186,000 and an average annual growth of 3.58%, the apartment market in Elizabeth North has performed moderately in the recent past.Full summary

In the cluster of suburbs in northern Adelaide, including Elizabeth, Elizabeth North, Elizabeth Downs and Davoren Park, apartments are prevalent. In fact, ABS figures show than more than half of the suburb of Elizabeth North is comprised of medium density housing.

With a median value of $186,000 and an average annual growth of 3.58%, the apartment market has performed moderately in the recent past.

Here, residents have access to the local school, Elizabeth North Primary, along with the Munno Para Shopping City and Elizabeth Shopping centre. Public transport is also available.

Close
Metrics i HOUSE UNIT
$193,000 $142,500
3.21% 3.26%
8.43% 0.00%
3.59% 1.93%
$255 $220
41 40
6.87% 8.03%
66.74 80.81

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3232
Median household income ($/weekly) 595
Median age of persons 34
Median housing loan repayment ($/monthly) 964
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 415 12.8
    25-34 years 449 13.9
    35-44 years 365 11.3
    45-54 years 365 11.3
    55-64 years 318 9.8
    Others 1321 40.9
    Age Group
    Census Count Percent(%)
    Not Married 1414 59.6
    Registered Married 677 28.5
    Defacto Relationship 281 11.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2317 77.2
    Greece 29 1.0
    Papua New Guinea 26 0.9
    United Kingdom 397 13.2
    Other 95 3.2
    Others 136 4.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1525 55.1
    No Religion 1145 41.4
    Buddhism 43 1.6
    Islam 32 1.2
    Other Religious Groups 24 0.9
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 121 9.4
    $300-$399 194 15.0
    $400-$599 284 21.9
    $600-$799 188 14.5
    $800-$999 152 11.7
    Others 355 27.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1294 54.8
    Employed, worked full-time 517 21.9
    Employed, worked part-time 311 13.2
    Unemployed, looking for work 177 7.5
    Employed, away from work 61 2.6
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 103 11.6
    Community & personal service workers 134 15.1
    Sales 111 12.5
    Machinery operators & drivers 124 13.9
    Labourers 208 23.4
    Others 209 23.5
    Occupation
    Census Count Percent(%)
    Pre-school 46 7.2
    Infants/Primary 270 42.3
    Secondary 153 23.9
    Technical or Further Educational Institution 96 15.0
    University or other Tertiary Institutions 42 6.6
    Others 32 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1490 47.7
    Semi-detached, row or terrace house, townhouse 1360 43.5
    Flat, unit or apartment 273 8.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 754 54.2
    Being purchased 375 26.9
    Fully owned 252 18.1
    Other tenure type 11 0.8
    Tenure Type
Census 2011, ABS
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