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Elizabeth East

POSTAL CODE: SA, 5112
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 78.57% capital gain.

It 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 $625,000

The augmented property values in the suburb are trailing above the territorial average of 10.06% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $500.

Home owners selling their properties and realtors in ELIZABETH EAST usually have to wait an average of 53.8 days days before their assets are lifted off the market.

The SA suburb ranks 77th on the list of best yielding suburbs for rental properties in SA, posting a 4.16% return.

It also places places 170th in Australia based on median property value growth during the quarter.

Surburb overview

Elizabeth East, located approximately 25 kilometres north of Adelaide's central business district, is a well-established suburb in South Australia. It forms part of the greater Elizabeth area, which is known for its extensive residential communities, access to amenities, and historical significance as a planned post-war suburb. Elizabeth East falls within the City of Playford, one of the largest local government areas in the state, which encompasses a mix of residential, commercial, and industrial zones. The suburb has a population of around 5,500 residents, with a demographic mix that includes families, young professionals, and retirees who appreciate its affordability, community spirit, and proximity to essential services.

Public transportation in Elizabeth East is well-serviced by Adelaide Metro buses, providing regular services to the Adelaide CBD and surrounding suburbs. The nearby Elizabeth and Elizabeth South railway stations offer additional public transport options, making commuting to the city and other parts of Adelaide straightforward. The suburb is also conveniently located near major roads such as Main North Road and the Northern Expressway, allowing for easy access by car to the city, northern regions, and beyond.

The suburb offers a range of amenities that cater to the needs of its residents. Elizabeth East 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 options, ensuring that residents have easy 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 East are comprehensive, making it a popular choice for families. The suburb is home to several schools, including Elizabeth East Primary School and Pinnacle College, which cater to the educational needs of local children. The presence of both public and private schools in the area provides families with a range of options for their children's education.

Recreational activities in Elizabeth East are supported by its parks, reserves, and community facilities. The suburb is home to several parks, including Freemont Park and Ridley Reserve, which offer sports fields, playgrounds, walking paths, and spaces for community events and outdoor activities. The nearby Playford Civic Centre and Aquadome provide additional options for fitness, swimming, and social activities. Elizabeth East also has a strong community spirit, with various local events and activities that bring residents together throughout the year.

Elizabeth East’s combination of suburban convenience, 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 affordable housing, family-friendly environment, and proximity to educational and shopping facilities continue to draw those seeking a balanced and comfortable lifestyle in one of Adelaide’s northern suburbs.

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