Elizabeth Downs (postcode 5113) is a mid-sized suburb in South Australia within the Playford local government area. It is home to about 5,160 residents, with a mix of young professionals and families and a median age of 34. Households earn a median income of $50K per year, with an average household size of 2.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.9% year-on-year at the LGA level. SA employment has moved +2.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. SA also had 23 Commonwealth-backed major projects under construction, 2 underway, and 11 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, community & personal service, machinery operators & drivers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Median house prices in Elizabeth Downs stand at $640,000, having edged higher by 0.8% over the last twelve months. The current median weekly rent is $520. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $953.
Elizabeth Downs is served by 2 schools, including 2 primary. The average ICSEA score is 915, which is below the national average of 1,000. Public transport access includes 42 bus stops. The crime rate in the Playford LGA is higher than average at 13,236 incidents per 100,000 population.
On the investment side, Elizabeth Downs shows a gross rental yield of approximately 4.2%, rated as moderate yield. Property prices sit below the state median ($640K/$950K), which can point to relative value. The price-to-income ratio of 12.7x is considered stretched. House prices have moved +0.8% year-on-year. Population growth of +3.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.