With a capital gain of 6.57% for the last 12 months, Elizabeth North, 5113 has performed for property investments than its average annual 3.62% property growth over the last 5 years.
Elizabeth North,5113 was ranked 2209 in Australia by increase in median property value over the quarter.
Property buyers and investors in Elizabeth North 5113 should be seeing an average reduction in asking price of around -9.44% . This means that Elizabeth North is holding prices well when compared to other suburbs in SA.
Often selling an investment property can take time, and in Elizabeth North the average time real estate has been on the market is 86.76 days.
The SA suburb of Elizabeth North, 5113 is in the Playford local government area.
Elizabeth North is in the bottom 40% 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 -1.59%.
Comparing Elizabeth North,5113 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property investors looking for a bargain in Elizabeth North should be aiming for at least -9.61% off the asking price, which is the average vendor discount being achieved at the moment.
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