Elizabeth North

POSTAL CODE: SA, 5113
HOUSE

ELIZABETH NORTH, 5113 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in SA have risen as a whole, pulling ELIZABETH NORTH, 5113 values up and netting property investors a capital gain of 12.83% for the past year.

Investors saw the median home price rise to $510,000.

Profits due to an upward trend in home prices in the suburb averaged 26.32% per annum over a 3-year period.

ELIZABETH NORTH now ranks at the 331st place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $450 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ELIZABETH NORTH, homes and units usually stay on listing for an average of 43.6 days.

In 2016, 91 properties were sold in ELIZABETH NORTH during the past year, making it the 22nd most active market in SA based on total real estate transactions.

Surburb overview

Elizabeth North, located approximately 28 kilometres north of Adelaide's central business district, is a residential suburb in South Australia that is part of the greater Elizabeth area. It falls within the City of Playford, one of the largest local government areas in the state, which encompasses a diverse mix of residential, commercial, and industrial zones. Elizabeth North has a population of around 3,000 residents who appreciate the suburb’s affordability, access to amenities, and community-focused environment.

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

The suburb offers a range of amenities that cater to the needs of its residents. Elizabeth North is close to several shopping centres, including the Munno Para Shopping City and the Elizabeth City Centre, one of the largest shopping complexes in Adelaide. These centres provide extensive retail options, including supermarkets, department stores, specialty shops, cafes, and entertainment venues such as cinemas, ensuring that residents have easy access to all necessary conveniences.

Educational facilities in Elizabeth North are well-regarded, making it a suitable location for families. The suburb is home to Elizabeth North Primary School and Preschool, which serve the local community. Additionally, the area is close to other schools, such as Mark Oliphant College and St. Columba College, providing further educational options for families with children of all ages.

Recreational activities in Elizabeth North are supported by its parks, reserves, and community facilities. The suburb is home to several parks, including Womma Park and Jo Gapper Activity Park, which offer playgrounds, sports fields, walking paths, and spaces for community events and outdoor activities. The nearby Playford Alive Town Park and Freemont Park provide additional options for recreation, fitness, and social activities. Elizabeth North also benefits from a strong sense of community, with various local events and activities that bring residents together throughout the year.

Elizabeth North’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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