Elizabeth Grove

POSTAL CODE: SA, 5112
HOUSE
ELIZABETH GROVE ranks 61st in SA when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 16.43% for the past year is lower than average compared to its 137.78% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in ELIZABETH GROVE, the median home price is sitting at $535,000, and the average rent at $480, this suggests property owners could potentially earn a 4.67% increase in gross rental yield.

Property investors have seen a 1.73% gain in ELIZABETH GROVE based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on ELIZABETH GROVE, 5112 can rest assured about this SA suburb's performance. The suburb saw median home prices rise by 16.43%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 11.82% growth over a ten-year period. It ranks 4043rd on our list of suburbs that property investors should look into.

Surburb overview

Elizabeth Grove, located approximately 25 kilometres north of Adelaide's central business district, is a residential suburb in South Australia. It is part of the larger Elizabeth area, known for its historical significance as a post-war planned community and its role as a major regional hub in the northern suburbs. Elizabeth Grove falls within the City of Playford, one of the state's largest local government areas, which includes a mix of residential, commercial, and industrial zones. The suburb has a population of around 4,000 residents, with a demographic mix that includes families, young professionals, and retirees who appreciate its affordability, convenient amenities, and community-focused environment.

Public transportation in Elizabeth Grove is well-serviced by Adelaide Metro buses, offering regular services to the Adelaide CBD and surrounding suburbs. The nearby Elizabeth and Elizabeth South railway stations provide additional public transport options, making commuting to the city and other parts of Adelaide convenient. The suburb is also easily accessible by car via major roads such as Main North Road and the Northern Expressway, providing quick access to the city, northern regions, and beyond.

The suburb offers a range of amenities that cater to the needs of its residents. Elizabeth Grove is close to several shopping centres, including the Elizabeth City Centre, one of the largest shopping complexes in Adelaide. This centre provides extensive retail options, including supermarkets, department stores, specialty shops, cafes, and entertainment venues such as cinemas. The nearby Playford Alive Town Centre also offers additional shopping and dining options, ensuring that residents have access to all necessary conveniences.

Educational facilities in Elizabeth Grove are comprehensive, making it a popular choice for families. The suburb is home to several schools, including Elizabeth Grove 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.

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

Elizabeth Grove’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.

You’re out of free articles for this month
Loading form...