Elizabeth is a small community in South Australia within the Playford local government area (postcode 5112). With a population of 1,033, the suburb has an established demographic with a median age of 38. Households earn a median income of $47K per year, with an average household size of 2.4 people. The most common occupations are labourers, machinery operators & drivers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Elizabeth is $667,000, having surged 17% over the past year. Units have a median price of $360,000 (+37.1% YoY). The current median weekly rent is $472. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,083.
Elizabeth is served by 6 schools, including 2 secondary, 2 combined, 2 special. The average ICSEA score is 892, which is well below the national average of 1,000. Public transport access includes 1 rail station, 24 bus stops. The crime rate in the Playford LGA is higher than average at 112,875 incidents per 100,000 population.
From an investment perspective, Elizabeth offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($667K/$950K). The price-to-income ratio of 14.2x is considered stretched. House prices have moved +17.0% year-on-year.
Elizabeth is a small community in South Australia within the Playford local government area (postcode 5112). With a population of 1,033, the suburb has an established demographic with a median age of 38. Households earn a median income of $47K per year, with an average household size of 2.4 people. The most common occupations are labourers, machinery operators & drivers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Elizabeth is $667,000, having surged 17% over the past year. Units have a median price of $360,000 (+37.1% YoY). The current median weekly rent is $472. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,083.
Elizabeth is served by 6 schools, including 2 secondary, 2 combined, 2 special. The average ICSEA score is 892, which is well below the national average of 1,000. Public transport access includes 1 rail station, 24 bus stops. The crime rate in the Playford LGA is higher than average at 112,875 incidents per 100,000 population.
From an investment perspective, Elizabeth offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($667K/$950K). The price-to-income ratio of 14.2x is considered stretched. House prices have moved +17.0% year-on-year.