Suburb Profile Report for Elizabeth Grove SA (5112)

Elizabeth Grove House: Median price $220,000, Annual capital growth 2.27%, Number of sales 30, Weekly median advertised rent $261

Elizabeth Grove Unit: Median price $151,000, Annual capital growth 1.04%, Number of sales 15, Weekly median advertised rent $220

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 2.33% for the last 12 months, Elizabeth Grove, 5112 has performed for property investments than its average annual 2.27% property growth over the last 5 years.

Over the longer term, Elizabeth Grove has seen property prices show investors a 12.82% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Elizabeth Grove is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 192th in terms of most discounted suburbs in SA

Elizabeth Grove, 5112’s gross rental yield is 6.16%

SA has seen average median house prices change by 3.57% which means that Elizabeth Grove, 5112 has done well for property investors by showing a capital gain of 2.03% over the last year

Across a shorter period, Elizabeth Grove, 5112 has seen a median price increase of 2.72% over the last quarter.

Sellers are offering property buyers an average discount of -5.10% to buyers in Elizabeth Grove at the moment, which is less than average for the rest of SA.

At number 1275 in a list of fastest selling suburbs, Elizabeth Grove is in the bottom 20% of suburbs in Australia with an average of days on market 110.3 for properties listed there.

Elizabeth Grove, 5112’s gross rental yield is 7.58%

Metrics i HOUSE UNIT
$220,000 $151,000
0.23% 2.72%
2.33% 2.03%
2.27% 1.04%
$261 $220
30 15
6.16% 7.58%
54.82 110.3

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 2384
Median household income ($/weekly) 593
Median age of persons 34
Median housing loan repayment ($/monthly) 867
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 355 14.9
    25-34 years 320 13.4
    35-44 years 223 9.4
    45-54 years 295 12.4
    55-64 years 260 10.9
    Others 931 39.1
    Age Group
    Census Count Percent(%)
    Not Married 983 58.4
    Registered Married 549 32.6
    Defacto Relationship 151 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1607 72.7
    Japan 25 1.1
    New Zealand 17 0.8
    United Kingdom 276 12.5
    Other 177 8.0
    Others 107 4.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 1.4
    Christianity 1206 58.1
    Hinduism 18 0.9
    Islam 29 1.4
    No Religion 780 37.6
    Others 12 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 76 8.6
    $300-$399 170 19.2
    $400-$599 158 17.9
    $600-$799 127 14.4
    $800-$999 91 10.3
    Others 262 29.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 965 57.1
    Employed, worked full-time 337 20.0
    Employed, worked part-time 198 11.7
    Unemployed, looking for work 126 7.5
    Employed, away from work 63 3.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 77 12.9
    Community & personal service workers 82 13.8
    Sales 65 10.9
    Machinery operators & drivers 85 14.3
    Labourers 149 25.0
    Others 137 23.0
    Occupation
    Census Count Percent(%)
    Pre-school 33 6.6
    Infants/Primary 230 45.8
    Secondary 136 27.1
    Technical or Further Educational Institution 62 12.4
    University or other Tertiary Institutions 29 5.8
    Others 12 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1119 50.2
    Semi-detached, row or terrace house, townhouse 941 42.2
    Flat, unit or apartment 168 7.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 547 57.2
    Being purchased 228 23.8
    Fully owned 179 18.7
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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