Lot 1 (Proposed), 167 Midway Road, Elizabeth Park, SA 5113
Auction In-Room Thursday 30th July 6:00PM
Auction Thursday 30 July 6:00 pm
Elizabeth Park was developed by the South Australian Housing Trust in the 1950s and 60s as part of a planned satellite city. It was designed to provide affordable housing for the post-war industrial workforce, particularly those employed at the nearby Holden factory.
The suburb is currently transitioning from a predominantly public housing estate to a mix of private ownership and renovated family homes, driven by its relative affordability.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Elizabeth Park represents the 'last frontier' of affordability in a capital city market that has seen rapid appreciation. It is a primary target for 'rentvestors' and those looking to exit the rental trap.
$490k – $610k
Limited data available
12-month movement
Current asking rents
The rapid price escalation reflects the broader squeeze on Adelaide's northern market, where demand is far outstripping supply.
Price comparison
Median price ÷ median income
Estimated rental yield
While prices have risen, it remains one of the most affordable options for families earning the median state income.
Lower = tighter market
Avg time on market
Annual rental increase
Young families, essential workers, and long-term social housing tenants.
Extremely strong cash flow potential. Capital growth is currently high but may stabilize as interest rates and cost of living impact the lower-income demographic.
Expect continued gentrification as older housing stock is replaced by modern infill. Price growth will likely moderate but remain positive as long as the supply-demand imbalance persists.
vs last 12 months
Relative comparison
Prioritize properties with secure fencing, alarm systems, and sensor lighting. Research specific streets as safety varies significantly block-by-block.
The primary risks involve social disadvantage and property maintenance issues related to the age of the housing stock and soil conditions.
Low risk; mostly elevated or well-drained terrain.
Low to Medium risk for properties directly abutting Jo Gapper Park.
Premiums may be higher than average due to crime statistics.
Affordable Housing, Hazards (Bushfire - General)
Infill development along Yorktown Road and near the shopping precinct.
Zoning supports higher density, making large blocks attractive for developers to split into two or three dwellings.
Bus services connect to Elizabeth Interchange; train to CBD takes approx 40 mins.
Excellent access to Elizabeth City Centre (Big W, Target, Cinema).
Jo Gapper Regional Park offers walking trails, a playground, and a dog park.
Elizabeth Park Primary and Playford International College are the main options.
Exceptional access via the Lyell McEwin Hospital and associated clinics.
A diverse community with a high proportion of young families and a significant history of UK migration.
The young demographic ensures long-term demand for schools and parks, but the low ownership rate indicates an investor-heavy market.
Focus is on health precinct expansion and social housing renewal.
Residents appreciate the affordability and parklands but express concerns regarding safety and the maintenance of public areas.
We bought here because it was all we could afford, but we've actually grown to love the local park and our neighbors.
The property is never vacant for more than a week, and the returns are much better than what I get in the city.
Too many hoons at night and I didn't feel safe walking to the shops after dark.
Position the property as a 'turn-key investment' or a 'perfect start for a young family' depending on the level of renovation.
High-yield play with long-term capital growth potential through land value and renewal.
Higher management intensity due to potential tenant issues and property wear-and-tear.
Very affordable rent compared to the rest of Adelaide.
Some older homes may have poor insulation and high energy bills.
Strict adherence to the Residential Tenancies Act 1995 is required, especially regarding habitability.
Focus on the 'unbeatable value' and 'future growth' of the Playford region.
First home buyers, budget-conscious families, and interstate yield-seekers.
This report is for informational purposes only and does not constitute financial or legal advice. Data is based on available 2026 projections and historical trends. Buyers should conduct their own independent due diligence.
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Auction In-Room Thursday 30th July 6:00PM
Auction Thursday 30 July 6:00 pm
Fully Renovated Family Home with Workshop, Solar & Ample Vehicle Storage
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