Question 1

Is Elizabeth Vale a nice place to live?

Accepted Answer

Elizabeth Vale sits on the northern edge of Adelaide, next to the Elizabeth city centre, and is largely residential with modest postwar single-storey homes and brick cottages alongside pockets of newer townhouses and infill. The suburb leans practical and settled, with regular bus services and nearby train connections, local schools, community sporting clubs, neighbourhood parks and everyday shops within easy reach. It is a community of 4,331 people with a median age of 36.

The area appeals to families and long-term residents who value backyard space and local amenities. Homes are more often rented than owned, with 52.6% rented and 47.4% owner-occupied. Elizabeth Vale is also being reshaped around the Lyell McEwin Hospital as part of the Playford Health and Wellbeing Precinct, and council park upgrades are under way, so local health and open-space amenities are changing. Whether that mix suits you comes down to what you want from a suburb.

Question 2

Is it expensive to live in Elizabeth Vale?

Accepted Answer

A typical local household in Elizabeth Vale (5112) earned about $851 a week at the last Census. On the current figures, house rent at about $520 a week would take roughly 61.2% of that weekly income, and unit rent at about $430 a week would take about 50.6%.

The median house price of $750,000 works out to about 16.9 times a typical local annual household income at the last Census, which sits well above those incomes. If you are renting rather than buying, the rent share is the number that matters; whether that feels expensive depends on your own 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 Vale a good place to invest?

Accepted Answer

House values in Elizabeth Vale climbed 12.2% over the past 12 months, a strong rise. House rents rose 4.0% over the same period, a moderate increase, so on the house side capital growth outpaced rental income growth this year. Unit rents climbed 10.3%, a strong rise and noticeably faster than the increase in house rents.

For someone weighing Elizabeth Vale as an investment, the numbers point to stronger price gains on the house side over the year, while units delivered the quicker lift in rental income. Which of those matters to you depends on whether you prioritise capital growth or rental income and on your own 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	$750K	N/A
Change in value Past 12 months	12.2%	N/A
Sold Past 3 months	16	2
Median days on market Past 12 months	55	N/A
Average rent Past 12 months	$520	$430
Change in rent Past 12 months	4.0%	10.3%

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

Elizabeth Vale suburb profile

Elizabeth Vale property market performance

5 year median price trend for houses and units

Elizabeth Vale demographics

Suburbs near Elizabeth Vale

How does Elizabeth Vale compare to nearby suburbs?

Choose the right real estate agents in Elizabeth Vale

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

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market