Giving property investors a a poor capital gain of -5.29% for the last year, Elizabeth North, 5113 is the 3792th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Elizabeth North has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -7.85% to buyers in Elizabeth North at the moment, which is less than average for the rest of SA.
Renters in Suburb are facing rents around $13520 per annum or $260 every week.
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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.