All About Elizabeth Park, Playford, SA, 5113

Elizabeth Park, located within the City of Playford in South Australia, has become an intriguing area within the northern suburbs of Adelaide that reflects broader trends in the housing market. Over recent years, Elizabeth Park has witnessed a steady yet significant transformation in its real estate landscape, characterized by gradual price increases driven by more affordable housing options compared to the central Adelaide area. This suburb attracts a mix of first-home buyers and investors looking for properties with potential for renovation or long-term growth. The local government’s investment in infrastructure, including enhancements to public transportation and community facilities, has made Elizabeth Park more accessible and appealing to a wider demographic. The presence of educational institutions, parks, and shopping centers within close proximity adds value to the suburban community setting.

Living in Elizabeth Park offers a blend of suburban tranquility and accessible urban amenities, making it an appealing proposition for families, retirees, and young professionals alike. The community takes pride in a friendly and welcoming atmosphere, with numerous local events and community groups fostering a sense of belonging among residents. The suburb's strategic location offers convenient access to the major arterial roads and public transportation, including proximity to the Elizabeth City Centre, where residents can find retail, dining, and entertainment options. Additionally, the availability of open spaces and parks provides opportunities for outdoor activities and leisure pursuits. Overall, Elizabeth Park combines the charm of suburban living with the convenience of urban access, making it an attractive place for those seeking a balanced lifestyle in the Adelaide region.

Elizabeth Park Real Estate Market Outlook

Thinking about buying in Elizabeth Park? Now could not be a better time, with 2149 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $342,000 with prices in this suburb ranging from $90,000 to $1,220,000. The aproximate distance to the coast is 12 Km.

In Elizabeth Park there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Elizabeth Park is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Elizabeth Park changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Elizabeth Park necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!