Elizabeth Vale

POSTAL CODE: SA, 5112
HOUSE

Property investors have seen a 3.18% gain in ELIZABETH VALE based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on ELIZABETH VALE, 5112 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 15.58%.

Based on its average 5-year and quarterly capital gains ELIZABETH VALE, 5112 saw average growth in the long term.

The SA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $649,000

Profits averaged 22% per annum over a 3-year period, due to an upward trend in home prices in ELIZABETH VALE, 5112.

This means, real estate investors could earn a rental income of $480 based on current median home prices for the suburb.

The gross rental yield in ELIZABETH VALE, 5112 is 3.85%.

An average of 6.17 real estate transactions take place per month in ELIZABETH VALE which translates to 74 per annum.

Surburb overview

Elizabeth Vale, located approximately 25 kilometres north of Adelaide's central business district, is a well-established suburb in South Australia that forms part of the broader Elizabeth area. It falls within the City of Playford, a large local government area that includes a mix of residential, commercial, and industrial zones. Elizabeth Vale has a population of around 4,500 residents, with a demographic mix that includes families, young professionals, retirees, and healthcare workers.

Public transportation in Elizabeth Vale is well-serviced by Adelaide Metro buses, providing regular services to the Adelaide CBD and surrounding suburbs. The nearby Elizabeth and Salisbury railway stations offer additional public transport options. The suburb is also easily accessible by car via Main North Road and the Northern Expressway, providing quick routes to the city, northern regions, and beyond.

Elizabeth Vale is characterized by its suburban layout, featuring a mix of older homes, newer developments, and a variety of housing styles. The residential areas are generally peaceful and well-maintained, with many properties featuring spacious yards and gardens, making it an appealing option for families and those seeking affordable housing close to essential services.

Elizabeth Vale is particularly notable for its proximity to major healthcare facilities, including the Lyell McEwin Hospital, one of the largest hospitals in the northern suburbs. This makes the suburb a convenient location for healthcare professionals and patients. In addition to healthcare, Elizabeth Vale is close to several shopping centres, including the Elizabeth City Centre, which provides extensive retail options, supermarkets, cafes, restaurants, and entertainment venues. The nearby Parabanks Shopping Centre in Salisbury also offers additional shopping and dining options.

The suburb is home to Elizabeth Vale Primary School, a well-regarded public school serving the local community. The area is also close to other schools, such as Salisbury High School and St. Augustine’s Parish School, providing further educational options for families with children.

The suburb is home to several parks, including Harry Bowey Reserve and Jenkins Reserve, which offer playgrounds, sports fields, walking paths, and spaces for community events and outdoor activities. The nearby Freemont Park in Elizabeth and Carisbrooke Park in Salisbury provide additional opportunities for fitness, picnicking, and enjoying the outdoors. 

Elizabeth Vale’s combination of affordable housing, proximity to major healthcare facilities, and access to a wide range of amenities makes it an attractive location for a diverse range of residents. The suburb’s family-friendly environment, strong transport links, and community-focused atmosphere continue to attract those seeking a balanced and convenient lifestyle in one of Adelaide’s northern suburbs.

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