Giving property investors a an average capital gain of 5.41% for the last year, Elizabeth North, 5113 is the 2271th highest performer in Australia in this respect.
While Elizabeth North,5113 ranked number 146th in SA for increase in median house value (annualised) increase, it is ranked 323th over the last 5 years.
Property buyers and investors in Elizabeth North 5113 should be seeing an average reduction in asking price of around -8.31% . This means that Elizabeth North is holding prices well when compared to other suburbs in SA.
Residents and property investors in Elizabeth North have been waiting around 81.76 days to sell a property.
With the median price for a house in Elizabeth North being $195000 and the advertised rent reaching $255 the gross rental yield for property investors calculates out to be 6.80%
Property investors who have had real estate in Elizabeth North, 5113 should be ok with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.57%
If we look at median property appreciation over just the last three months, Elizabeth North has given property investors a paper return of 4.32%. This puts Suburb as 44 on a list of fastest fasting appreciating suburbs in SA
Vendor discounting in Elizabeth North is giving property investors an average Vendor Discount of around -9.40%. This puts suburb at number 15th in SA when ranking the most discounted suburbs.
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
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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