Question 1

Is Elizabeth Park a nice place to live?

Accepted Answer

Elizabeth Park is an established residential suburb in Adelaide’s northern area, made up largely of modest single-storey brick homes on regular blocks and mature street trees. It has a quiet, everyday feel and attracts long-term locals, families and people renovating older houses. The suburb has a population of 4,428 and a median age of 33, and nearly two in three families are couple families. Local life centres on neighbourhood parks, sports ovals and small shopping strips, with the larger Elizabeth city centre nearby for more extensive retail and civic services.

There is straightforward access to major roads and public transport, so day-to-day travel is practical. The area has seen community upgrades including a community battery under the emPowering SA program, neighbourhood renewal work at Gould Street Reserve (supported by a $200,000 state grant) and staged upgrades at Dwight Reserve North (stage 1 supported by a $400,000 state grant), plus recreation improvements such as added dog parks, extra parking and new changerooms. Whether Elizabeth Park suits you will depend on whether that mix of settled streets, green space and local upgrades matches what you’re after.

Question 2

Is it expensive to live in Elizabeth Park?

Accepted Answer

Household incomes in Elizabeth Park (SA 5113) were about $1,003 a week at the last Census. On these figures, a house rent of $500 a week would take roughly 49.9% of a typical local household's weekly income at the last Census, which is a large share. The median house price of $625,000 works out to about 12.0 times a typical local annual household income at the last Census, a high multiple. Put simply, both renting and buying sit heavily against the local incomes recorded at the last Census; whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Elizabeth Park a good place to invest?

Accepted Answer

House values in Elizabeth Park climbed a strong 13.2% over the past 12 months, while the rent those houses earn rose a more modest 2.0% in the same period. For someone weighing Elizabeth Park as an investment, that means capital growth on the house side has been the stronger performer this year, and rental income has increased only slightly; which of those two outcomes matters more will depend on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$625K	N/A
Change in value Past 12 months	13.2%	N/A
Sold Past 3 months	15	N/A
Median days on market Past 12 months	53	N/A
Average rent Past 12 months	$500	N/A
Change in rent Past 12 months	2.0%	N/A

Get a property report and suburb profile for any property in Elizabeth Park

Elizabeth Park suburb profile

Elizabeth Park property market performance

5 year median price trend for houses and units

Elizabeth Park demographics

Suburbs near Elizabeth Park

How does Elizabeth Park compare to nearby suburbs?

Choose the right real estate agents in Elizabeth Park

Get a head start and compare top local agents in Elizabeth Park

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market