Elizabeth East is a smaller suburb in South Australia within the Playford local government area (postcode 5112). With a population of 4,607, 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, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Elizabeth East is $681,000, having surged 13.5% over the past year. Units have a median price of $345,000 (+19% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,062.
Elizabeth East is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 962, which is around the national average of 1,000. Public transport access includes 23 bus stops. The crime rate in the Playford LGA is higher than average at 11,200 incidents per 100,000 population.
From an investment perspective, Elizabeth East offers a gross rental yield of 3.8%, rated as moderate yield. Property prices are near the state median ($681K/$950K). The price-to-income ratio of 14.5x is considered stretched. House prices have moved +13.5% year-on-year.
Elizabeth East is a smaller suburb in South Australia within the Playford local government area (postcode 5112). With a population of 4,607, 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, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Elizabeth East is $681,000, having surged 13.5% over the past year. Units have a median price of $345,000 (+19% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,062.
Elizabeth East is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 962, which is around the national average of 1,000. Public transport access includes 23 bus stops. The crime rate in the Playford LGA is higher than average at 11,200 incidents per 100,000 population.
From an investment perspective, Elizabeth East offers a gross rental yield of 3.8%, rated as moderate yield. Property prices are near the state median ($681K/$950K). The price-to-income ratio of 14.5x is considered stretched. House prices have moved +13.5% year-on-year.