Elizabeth Park is a smaller suburb in South Australia within the Playford local government area (postcode 5113). With a population of 4,428, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $52K per year, with an average household size of 2.6 people. The most common occupations are labourers, community & personal service, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Elizabeth Park is $637,000, having surged 15.4% over the past year. The current median weekly rent is $397. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,083.
Elizabeth Park is served by 2 schools, including 2 primary. The average ICSEA score is 894, which is well below the national average of 1,000. Public transport access includes 31 bus stops. The crime rate in the Playford LGA is higher than average at 9,395 incidents per 100,000 population.
From an investment perspective, Elizabeth Park offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($637K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 12.2x is considered stretched. House prices have moved +15.4% year-on-year.
Elizabeth Park is a smaller suburb in South Australia within the Playford local government area (postcode 5113). With a population of 4,428, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $52K per year, with an average household size of 2.6 people. The most common occupations are labourers, community & personal service, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Elizabeth Park is $637,000, having surged 15.4% over the past year. The current median weekly rent is $397. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,083.
Elizabeth Park is served by 2 schools, including 2 primary. The average ICSEA score is 894, which is well below the national average of 1,000. Public transport access includes 31 bus stops. The crime rate in the Playford LGA is higher than average at 9,395 incidents per 100,000 population.
From an investment perspective, Elizabeth Park offers a gross rental yield of 3.2%, rated as moderate yield. Property prices sit below the state median ($637K/$950K), suggesting a potential value opportunity. The price-to-income ratio of 12.2x is considered stretched. House prices have moved +15.4% year-on-year.