At number 2056th in the list of Australian suburbs ordered by increase in median house value over the last year, Elizabeth North, 5113 is in the top half with a property value increase of 6.76% recorded in median house prices.
A 9.65% growth in median value for property investors in Elizabeth North,5113 puts this suburb at number 184th in terms of best performing suburbs in SA
LACK OF BUYER INTEREST may well be the reason that Elizabeth North is offering property investors an average of -6.03. This rate of discount on properties puts Suburb at number 76th in terms of most discounted suburbs in SA
Elizabeth North is 19th on a list of best yielding suburbs for rents in SA with a 6.85% return
Elizabeth North, 5113 ranked 57th in SA when comparing growth in median property values or capital gain over the last 12 months. Elizabeth North is one of 853 in our list for SA
Taking the average capital gain, or increase in median house value, Elizabeth North,5113 has racked up an average of 7.25% over the period. This ranks it number 1205th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Elizabeth North 5113 should be seeing an average reduction in asking price of around -8.64% . 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 87.35 days.
Property investors should expect to get $225 weekly from the median priced house in this suburb.
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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.
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