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Elizabeth Downs suburb profile

Elizabeth Downs is a residential suburb located in the northern part of Adelaide, South Australia. Known for its affordable housing and community-oriented atmosphere, it attracts families and individuals seeking a suburban lifestyle. The suburb offers a range of amenities, including local schools, parks, and shopping centers, providing convenience for its residents. Elizabeth Downs is well-connected to the broader Adelaide area through public transport and major roadways, making it a practical choice for commuters. Its blend of community facilities and accessibility contributes to its appeal as a comfortable and family-friendly suburb.

Elizabeth Downs property market performance

Elizabeth Downs has experienced a notable increase in house values over the past 12 months, with a 13.7% rise, bringing the current median house price to $641,250. However, the unit market remains inactive, with no sales or value changes reported. Over the last three months, 30 houses have been sold, with properties spending a median of 57 days on the market, indicating a moderate pace of sales activity.

The rental market for houses in Elizabeth Downs has also seen growth, with average rents increasing by 5.8% over the past year to $495. The unit rental market remains inactive, reflecting the lack of unit sales and value changes in the area.

HousesUnits
Median price
Past 3 months
$638KN/A
Change in value
Past 12 months
12.7%N/A
Sold
Past 3 months
35N/A
Median days on market
Past 12 months
57N/A
Average rent
Past 12 months
$500N/A
Change in rent
Past 12 months
8.0%N/A

5 year median price trend for houses and units

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Elizabeth Downs demographics

Elizabeth Downs, located in the northern suburbs of Adelaide, is a community-oriented area known for its affordability and family-friendly environment. With a population of 5,160 and a median age of 34, the suburb is home to a mix of young families and established residents. The median total household income is $970 per week, reflecting the suburb's appeal to those seeking cost-effective living options.

Family dynamics in Elizabeth Downs are diverse, with 32.9% of households being couple families with children and 27.8% being couple families without children. Notably, one-parent families make up a significant 36.1% of the community, highlighting the suburb's supportive environment for single-parent households. The presence of 3.2% of other family types adds to the suburb's inclusive atmosphere.

In terms of housing, Elizabeth Downs offers a range of options. Approximately 21.5% of properties are owned outright, while 33.7% are owned with a mortgage, indicating a stable homeownership base. However, a substantial 44.8% of properties are rented, catering to those who prefer flexibility or are new to the area. This mix of ownership and rental properties provides a balanced housing market, accommodating various lifestyle needs.

Suburbs near Elizabeth Downs

Some popular suburbs near Elizabeth Downs include:

How does Elizabeth Downs compare to nearby suburbs?

  • Median house prices: Elizabeth Downs’s median house price is 0.2% higher than Elizabeth North’s.
  • House price growth: Over the past 12 months, house prices in Elizabeth Downs have grown 13.2% higher than in Blakeview.
  • Selling speed for houses: Properties in nearby Elizabeth Park are selling 7.0% faster than in Elizabeth Downs.
  • House price growth: Over the past 12 months, house prices in Elizabeth Downs have grown 36.1% lower than the average rate of growth across Adelaide.

Choose the right real estate agents in Elizabeth Downs

Choosing the right real estate agent in Elizabeth Downs can have a big impact on your sale. While there are 87 real estate agents working in the suburb, but just 5 of them were responsible for 24.5% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.5% to 3.25%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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