SA has seen average median house prices change by 3.24% which means that Elizabeth North, 5113 has done well for property investors by showing a capital gain of 3.89% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Elizabeth North comes in at number 271th in SA.
LACK OF BUYER INTEREST may well be the reason that Elizabeth North is offering property investors an average of -6.50. This rate of discount on properties puts Suburb at number 43th in terms of most discounted suburbs in SA
Elizabeth North is 15th on a list of best yielding suburbs for rents in SA with a 7.09% return
Elizabeth North is in the bottom 30% in SA when comparing median price capital growth over the last year. Elizabeth North gave property investors a disappointing capital gain figure when compared to the rest of the state, with -4.83%.
While Elizabeth North,5113 ranked number 133th in SA for increase in median house value (annualised) increase, it is ranked 146th over the last 5 years.
Property investors looking for a bargain in Elizabeth North should be aiming for at least -9.78% off the asking price, which is the average vendor discount being achieved at the moment.
Elizabeth North, 5113’s gross rental yield is 8.29%
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