All About Elizabeth Vale, Playford, SA, 5112

Elizabeth Vale, located in the City of Playford, is one of the suburbs in the northern part of Adelaide, South Australia, that has garnered attention for its relatively affordable housing market. Over recent years, Elizabeth Vale has seen moderate growth in property values, primarily driven by an increase in demand due to its affordability compared to other Adelaide suburbs. The area hosts a mix of housing styles, including post-war brick homes, modern townhouses, and units, making it appealing to first-time buyers and investors looking for profitable rental opportunities. The accessibility of public services, including healthcare facilities such as the Lyell McEwin Hospital, and proximity to shopping centers, schools, and parks, make it a practical choice for families and retirees alike.

Living in Elizabeth Vale offers a sense of community with a laid-back lifestyle typical of suburban South Australia. Residents enjoy access to various local amenities and recreational spots, including Fremont Park and Elizabeth City Centre, which cater to shopping, dining, and entertainment needs. The suburb is well-connected through public transport, providing easy links to the Adelaide CBD and other parts of the city, which is advantageous for those commuting for work or recreation. While the area is still developing, the community spirit is vibrant with local events and markets adding to its charm. However, like many growing suburbs, Elizabeth Vale faces challenges such as managing infrastructure growth to meet the needs of its increasing population, which means living here is a mix of enjoying the quiet suburban life while witnessing gradual urban development.

Elizabeth Vale Real Estate Market Outlook

Thinking about buying in Elizabeth Vale? Now could not be a better time, with 2220 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $366,000 with prices in this suburb ranging from $117,000 to $738,000. Elizabeth Vale is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Elizabeth Vale 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 Vale 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. Low average earnings from people in Elizabeth Vale leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Elizabeth Vale necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Elizabeth Vale we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Elizabeth Vale a better buying opportunity than it may have been in the past.

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!