Elizabeth Park
A SEIFA decile 1 suburb on all four indexes, Elizabeth Park sits at the bottom decile nationally for both advantage and disadvantage. The median house price reached $671,000 in 1Q 2026, a 12.3% rise in one year from $597,500, which is striking for a suburb where household income sits in only the 12.8th percentile. Nearly half of residents rent (47.5%), the median age is 33, seven years below the national figure, and overseas-born residents at 29.0% are 7.4 points above national. Population grew 9.6% over the past decade and overseas migration adds around 206 new residents each year, two trends that underpin demand despite high unemployment of 15.5%.
Population
4,428
Median Age
33.0
Household IncomeiMedian weekly household income (ABS Census)
$1,003/wk
DAs (12 months)iDevelopment Applications lodged in the past year
64
Median House
$671K
Median 1Q 2026
The $671,000 median house price represents a 12.3% gain from $597,500 a year earlier, making Elizabeth Park one of SA's faster-moving affordable markets. Monthly mortgage repayments average $1,083, and the mortgage-to-income ratio sits at 24.9%, below the 30% stress threshold. Detached houses dominate at 81.9% of stock, giving buyers strong choice in a freestanding format. Three-bedroom homes account for 73.5% of all dwellings, so supply concentration in this segment is far higher than in most comparable suburbs. Buyers should note that the SEIFA IRSD decile 1 and IRSAD decile 1 rankings place the suburb in the bottom tier nationally, which affects resale demand patterns compared to mid-decile Adelaide markets.
For Buyers
The $671,000 median house price represents a 12.3% gain from $597,500 a year earlier, making Elizabeth Park one of SA's faster-moving affordable markets. Monthly mortgage repayments average $1,083, and the mortgage-to-income ratio sits at 24.9%, below the 30% stress threshold. Detached houses dominate at 81.9% of stock, giving buyers strong choice in a freestanding format. Three-bedroom homes account for 73.5% of all dwellings, so supply concentration in this segment is far higher than in most comparable suburbs. Buyers should note that the SEIFA IRSD decile 1 and IRSAD decile 1 rankings place the suburb in the bottom tier nationally, which affects resale demand patterns compared to mid-decile Adelaide markets.
For Investors
Renters make up 47.5% of households, well above the national average, providing a ready tenant pool. Weekly rent is $255, and the vacancy rate of 6.9% is elevated and warrants monitoring before purchasing. Overseas migration drives net population growth of around 206 people per year, sustaining tenant demand even as internal migration removes roughly 91 people annually. Development activity is active with 61 applications in the past 12 months, including Torrens Title land divisions (1 into 3), signalling subdivision interest. Rent grew 39.8% over the past decade against real income growth of only 3.0%, so rent affordability is tightening and is close to 25.4% of income, a ratio that constrains further yield expansion.
Development Activity
Total DAs
210
Last 12 Months
64
YoY ChangeiYear-over-year change in DA lodgements
+68.4%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Elizabeth Park iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
St Thomas More School
R-6 · 267 students
Elizabeth Park Primary School
U, R-6 · 312 students
Demographics
The median age of 33 is 7 years below the national figure, pointing to a markedly young resident base. Overseas-born residents at 29.0% run 7.4 percentage points above the national average, driven mainly by overseas migration of 206 per year. Ancestry is led by English (1,618 residents), Scottish (269) and Irish (245), with non-English languages including Nepali (49 speakers) and Arabic (21). University qualifications at 13.3% are 16.8 points below the national average, reflecting the decile 1 IEO score for education and occupation outcomes. Household size averages 2.6, marginally above national, and couples with children (1,363 families) are the dominant household type compared to 576 couples without children.
Age Distribution
Bedrooms
Dwelling Structure
81.9%
Houses
18.1%
Townhouse
N/A
Apartment
Tenure
Tenure splits 19.0% owned outright, 33.5% buying with a mortgage and 47.5% renting, a renter-heavy profile common in lower-SEIFA suburban corridors. Stock is predominantly separate houses at 81.9%, with semi-detached homes at 18.1%. Three-bedroom dwellings represent 73.5% of all homes, a concentration that limits diversity of stock. The median house price rose from $597,500 in 1Q 2025 to $671,000 in 1Q 2026, a 12.3% one-year gain. Monthly mortgage repayments average $1,083 against a median household income, producing a mortgage-to-income ratio of 24.9%, while renters pay 25.4% of income in rent. Both ratios sit below the 30% stress threshold, though the suburb scores decile 1 on IRSAD, meaning income levels are low in absolute terms.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,083
Rent / wk
$255
HH Size
2.6
Personal Income / wk
$486
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
6.9%
Unoccupied
115
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
25.4%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
24.9%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
17.0%
Couples, no children
3,383
Total families
Economy & Employment
Healthcare is the dominant employer at 24.4% of local workers (164 people), followed by Retail at 10.9%, Education at 10.0%, Manufacturing at 9.2% and Public Admin at 8.0%. By occupation, Labourers (279) lead, ahead of Community and Personal service workers (208) and Machinery and Drivers (178), a profile consistent with decile 1 SEIFA IEO and low university qualification rates of 13.3%. The unemployment rate is 15.5%, well above the state average, and full-time employment is 57.8% of those employed. Participation at 41.4% is low, with 1,647 residents not in the labour force. Real income grew 3.0% over the decade, far below inflation, meaning living standards effectively declined in real terms for most households.
Unemployment
22.2%
Labour Force
3,874
Unemployed
860
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
57.8%
Part-time
26.7%
Participation
41.4%
Employed
1,194
Occupations
Top Industries
University
13.3%
Postgraduate
2.1%
Born Overseas
29.0%
Dwellings
1,556
Transport to Work
Car dependence is high with 83.7% of workers driving, while only 5.6% use public transport and 1.5% walk or cycle, compared to higher active travel shares in inner Adelaide suburbs. No schools are recorded inside the suburb boundary in this dataset, so families depend on institutions in surrounding areas of the Elizabeth corridor. The crime rate of 93.9 incidents per 1,000 residents is elevated relative to SA state norms, consistent with the decile 1 IRSD ranking for relative disadvantage. Volunteering participation is 9.9%, and 12.5% of residents (515 people) need daily assistance, notably higher than in higher-SEIFA suburbs. The suburb density of 1,806 residents per square kilometre across 2.45 square kilometres gives a mid-suburban scale with limited walkable amenity.
Drive
83.7%
Public Transport
5.6%
Walk / Cycle
1.5%
Work from Home
N/A
Population Forecast
+0.79%/yr
(+91 people/yr)
EstablishedPopulation grew 9.6% over the past decade and the annual growth rate sits at 0.79%, adding around 91 people per year. Overseas migration is the primary growth driver at +206 per year, offsetting net internal outflow of 91 people annually. Historical populations show a consistent rise from 11,303 in 2023 to 11,567 in 2025, and medium forecasts project around 12,000 residents by 2031. The gentrification score of 30 places Elizabeth Park in an early signs stage, with signals including 15% population growth since 2011 and the overseas inflow acceleration from 4% to 11% of suburb stock. Affordability worsened from 44.4% in 2011 to 48.9% in 2021, indicating that housing costs are rising faster than local incomes.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+206
Net Internal / yr
-91
Gentrification Signal
Early signs
Population +15% since 2011, Strong overseas inflow +206/yr, Accelerating: 4% → 11%
Safety & Crime
Total Offences
416
Year ending June 2024
Rate per 1,000 People
93.9
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Elizabeth Park compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Elizabeth Park a good suburb to live in?
Elizabeth Park suits buyers seeking affordable entry in SA, with a $671,000 median and a mortgage-to-income ratio of 24.9%. However, it ranks in decile 1 on all four SEIFA indexes nationally, unemployment is 15.5%, and the crime rate of 93.9 per 1,000 residents is elevated. Families will need to access schools in neighbouring suburbs.
What is the median house price in Elizabeth Park?
The median house price is $671,000 as of 1Q 2026, up 12.3% from $597,500 in 1Q 2025. Monthly mortgage repayments average $1,083. Weekly rent is $255, and the rent-to-income ratio sits at 25.4%, below the 30% stress threshold.
What schools are in Elizabeth Park?
No schools are recorded inside the Elizabeth Park suburb boundary in this dataset. The suburb has a young median age of 33 and a high share of families with children, so residents access schools in neighbouring areas of the Elizabeth corridor in SA's north.
Is Elizabeth Park safe?
The recorded crime rate is 93.9 incidents per 1,000 residents, based on 416 total incidents. The suburb ranks in decile 1 on the IRSD index of relative disadvantage, the lowest tier nationally, which correlates with higher crime rates compared to mid-decile SA suburbs.
Is Elizabeth Park good for property investment?
The renter share is 47.5%, above the national average, providing a deep tenant pool. Rent grew 39.8% over the decade and prices rose 12.3% in one year to $671,000. The 6.9% vacancy rate is elevated, and SEIFA decile 1 limits the buyer pool at resale. Overseas migration of +206 per year supports ongoing demand.
How is Elizabeth Park's population changing?
Population grew 9.6% over the past decade, rising from 11,303 in 2023 to 11,567 in 2025. Annual growth is 0.79%, or about 91 people per year. Overseas migration is the primary driver at +206 per year, offsetting net internal outflow of 91 annually. Medium forecasts project around 12,000 residents by 2031.
How much development is happening in Elizabeth Park?
There were 61 development applications lodged in the past 12 months. Recent examples include a Torrens Title land division from 1 into 3 lots and a Performance Assessed verandah, indicating subdivision activity. Gentrification signals include population growth of 15% since 2011 and accelerating overseas inflow.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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