Elizabeth Vale is a smaller suburb in South Australia within the Playford local government area (postcode 5112). With a population of 4,331, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $44K per year, with an average household size of 2.4 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Elizabeth Vale is $685,000, having grown strongly 7% over the past year. The current median weekly rent is $468. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,083.
Elizabeth Vale is served by 1 school, including 1 primary. The average ICSEA score is 889, which is well below the national average of 1,000. Public transport access includes 31 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Playford LGA is higher than average at 14,177 incidents per 100,000 population.
From an investment perspective, Elizabeth Vale offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($685K/$950K). The price-to-income ratio of 15.5x is considered stretched. House prices have moved +7.0% year-on-year.
Elizabeth Vale is a smaller suburb in South Australia within the Playford local government area (postcode 5112). With a population of 4,331, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $44K per year, with an average household size of 2.4 people. The most common occupations are labourers, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Elizabeth Vale is $685,000, having grown strongly 7% over the past year. The current median weekly rent is $468. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,083.
Elizabeth Vale is served by 1 school, including 1 primary. The average ICSEA score is 889, which is well below the national average of 1,000. Public transport access includes 31 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Playford LGA is higher than average at 14,177 incidents per 100,000 population.
From an investment perspective, Elizabeth Vale offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($685K/$950K). The price-to-income ratio of 15.5x is considered stretched. House prices have moved +7.0% year-on-year.