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Elizabeth South

POSTAL CODE: SA, 5112
HOUSE

Property investments in ELIZABETH SOUTH fare well against the rest of the country last year, registering a median home price increase of 8.79%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

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

Real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 40.3 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $520,000.

ELIZABETH SOUTH ranks 44th on the list of best yielding suburbs for rental properties in SA, posting a 4.5% return.

Surburb overview

Elizabeth South, located approximately 25 kilometres north of Adelaide's central business district, is a well-established suburb in South Australia that is part of the greater Elizabeth area. It falls within the City of Playford, a large and diverse local government area known for its mix of residential, commercial, and industrial zones. Elizabeth South has a population of around 3,000 residents, with a demographic mix that includes families, young professionals, and retirees. The suburb is recognized for its affordable housing, strong community spirit, and proximity to essential services and employment opportunities.

Public transportation in Elizabeth South is well-serviced by Adelaide Metro buses, providing regular services to the Adelaide CBD and surrounding suburbs. The suburb is also served by the Elizabeth South railway station, which offers convenient train services to the city and other parts of the northern suburbs. Additionally, the suburb is easily accessible by car via Main North Road and the Northern Expressway, making commuting straightforward and efficient.

Elizabeth South is characterized by its suburban layout, featuring a mix of mid-century homes, newer developments, and industrial areas. The residential areas are generally quiet and well-maintained, with many properties offering spacious yards, making it an appealing option for families and first-time homebuyers.

Elizabeth South is close to several shopping centres, including the Elizabeth City Centre, one of the largest shopping complexes in Adelaide. This centre provides a wide variety of retail stores, supermarkets, cafes, restaurants, and entertainment venues, ensuring that residents have access to all necessary conveniences. The nearby Playford Alive Town Centre and Munno Para Shopping City also offer additional shopping and dining options.

Educational facilities in Elizabeth South are comprehensive, making it a suitable location for families. The suburb is home to Elizabeth South Primary School, which serves the local community. The area is also close to other schools, such as Playford International College and St. Mary Magdalene's School, providing further educational options for families with children of all ages.

The suburb is home to several parks, including Ridley Reserve and Duncan Anderson Reserve, which offer playgrounds, sports fields, walking paths, and spaces for community events and outdoor activities. The nearby Freemont Park and Playford Civic Centre provide additional opportunities for fitness, swimming, and social activities.

Elizabeth South's combination of affordable housing, strong transport links, 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, proximity to educational and shopping facilities, and ongoing community development continue to attract those seeking a balanced and comfortable lifestyle in one of Adelaide's northern suburbs.

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