Lot 2 - 11 Whitford Road - Elizabeth East - AUD 646,800.00

Description

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Elizabeth South is a suburb located about 24 km north of Adelaide’s city centre, within the City of Playford. Established in 1955, it blends residential areas with light industrial zones alongside the Gawler railway line.

As of 2021, the suburb had 2,933 residents with a median age of 39. Around 84% were born in Australia, 7% in England, and 7.1% identified as Aboriginal or Torres Strait Islander.

The property market has seen substantial growth. The median house price is about $482,500–$483,000, marking a 34% increase over the past year. On average, homes sell within 23 days. Rental yields are solid, with houses renting at around $455 per week—about 4.8%—and units reaching roughly 6.6%.

The suburb covers around 3.6 km² and features 14 parks, accounting for about 3.8% of its area. Households are often single-parent families, and many have monthly mortgages in the $1,000–$1,399 range.

Elizabeth South has valued transport links. Its train station on the Gawler line, rebuilt in 2012, offers frequent services every 30 minutes to Adelaide and Gawler. Local schools such as Playford International College are well served by bus and bike paths.

This northern Adelaide suburb has become one of the fastest-appreciating areas, with reports highlighting a 56–57% rise in home values over 12 months, outpacing many other suburbs.

In summary, Elizabeth South offers strong investment appeal with rapid capital growth, quality transport, and a youthful, community-oriented demographic.

• Property Type: House and Land
• Property Stage: N/A
• Price: $ 646,800.00
• Land Price: $ 290,000.00
• Build Price: $ 356,800.00
• Beds: 3
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: GRANGE 3 DG
• Completion: N/A
• Land Size: 387
• Area Size: 136.70
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 430.00
• Est. Body Corp.: N/A
• Title Status: Registered
• Gross Per Week: $ 430.00
• Gross Per Annum: $ 22,360.00
• Gross Yield: 3.46%
• Capital Growth 12 Months: 14.57%
• Capital Growth 10 Year Annualised: 8.60%
• Vacancy Rate: 0.31%