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Elizabeth Park
AREA REPORTS

Elizabeth Park

Elizabeth Park - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5113

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

The 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 $221,500.

The upward trend in home prices in ELIZABETH PARK, 5113 averaged 1.01% per annum over a 3-year period.

Average weekly rents on listings have reached the $280 mark, reflecting a 6.57% increase in returns based on the current median price in ELIZABETH PARK.

An average of 7.08 real estate transactions take place per month in ELIZABETH PARK which translates to 85 per annum.

85 properties were sold in ELIZABETH PARK in 2016, making it the 26th most active market in SA based on total real estate transactions.

ELIZABETH PARK, 5113 places 62nd in Australia based on median property value growth during the quarter.

Data report can be found below

Elizabeth Park
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $221,500 N/A
GROWTH REPORT
Median Quarterly 8.31% N/A
Median 12 month 9.38% N/A
Median 3 years 3.02% N/A
Median 5 years 10.75% N/A
10 years average annual 1.17% N/A
Weekly media advert. rent $280 N/A
Time on Market 64.4 days N/A
Gross Rental Yield Percent 6.57% N/A
demographics (median values)*
Total Population
18890
Weekly Household Income
764
Household Size
2.40
Age
33
Monthly Loan Repayment
1000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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