Suburb Profile Report for Elizabeth North SA (5113)

Elizabeth North House: Median price $186,500, Annual capital growth 3.62%, Number of sales 51, Weekly median advertised rent $255

Elizabeth North Unit: Median price $139,000, Annual capital growth 1.95%, Number of sales 42, Weekly median advertised rent $220

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

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.

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
$186,500 $139,000
0.81% -4.14%
6.57% -1.59%
3.62% 1.95%
$255 $220
51 42
7.11% 8.23%
86.76 66.81

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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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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Recent sales & rentals