Property value increases in Elizabeth North have tracked just lower than the SA average of 2.70% over the last 12 months.
While Elizabeth North,5113 ranked number 37th in SA for increase in median house value (annualised) increase, it is ranked 214th over the last 5 years.
Vendor discounting in Elizabeth North is giving property investors an average Vendor Discount of around -6.97%. This puts suburb at number 24th in SA when ranking the most discounted suburbs.
Situated 26.07km from the CBD, Elizabeth North is one of Playford (C) localities in the postcode 5113.
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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.