Elizabeth South is in the TOP 20% in SA when comparing median price capital growth over the last year. Elizabeth South gave property investors a very good capital gain figure when compared to the rest of the state, with 10.06%.
Over the longer term, Elizabeth South has seen property prices show investors a 6.06% return over the last 3 years. This is an improvement over the last 12 months
Sellers are offering property buyers an average discount of -4.52% to buyers in Elizabeth South at the moment, which is less than average for the rest of SA.
Elizabeth South is 26th on a list of best yielding suburbs for rents in SA with a 7.13% return
Conceived as one of the first suburbs to be part of the planned City of Elizabeth, Elizabeth South is composed of residences in the north and businesses south of Hogarth Road, including manufacturing for the defence sectorFull summary
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Remarkably low prices and high yields
Median unit price: $141,750
Three-year growth: 5.2%
Rental yield: 8.1%
Conceived as one of the first suburbs to be part of the planned City of Elizabeth, Elizabeth South is composed of residences in the north and businesses south of Hogarth Road, including manufacturing for the defence sector. The suburb’s commercial hub is located in the residential half, with shops, a supermarket, bank and other amenities. Elizabeth South is also bounded in the west by the Gawler railway line.
This suburb is one of the lowest-priced suburbs in SA, with the median value for apartments coming in at under $150,000. However, despite a slight drop of 2.2% in the three months to July 2018, Elizabeth South has recorded consistent positive growth since 2013. Moreover, investors are likely to be drawn to the incredibly high average rental return of 8.1%. Thus, units generally do not stay on the market for more than two months.Close