Our office · 392 Main North Road, Blair Athol

Real estate agents in Elizabeth.

The heart of the City of Playford · SA 5112

The suburb

Elizabeth sits at the heart of the City of Playford — a major shopping centre, transport links, and street after street of affordable housing that has made it one of the strongest rental-yield markets in greater Adelaide.

Renewal is reshaping the area, and investors have noticed. Yield only works when a property is managed well: rent collected, inspections done, maintenance handled. That’s the exact job our property management team is built for.

Postcode
SA 5112
From the CBD
24 km north
Median house price
$697,500Apr–Jun 2026 · 6 sales
Next to
Elizabeth Downs, Elizabeth East, Elizabeth North, Elizabeth Vale, Elizabeth Park
The market

House prices
in Elizabeth

The median price of houses that sold in Elizabeth, from the South Australian Valuer-General's record of every settled sale. These are the figures for Apr–Jun 2026, updated each quarter.

$698k
Median house price
+147%
Over five years
6
Houses sold
$200k$400k$600k$800k$1M20222023202420252026$698k
Median house price by quarter · fewer than 5 sales that quarter

A quarterly median moves with whichever homes happened to sell, so one quarter can swing. The line over five years is the better guide.

Every quarter since Jul–Sep 2021
QuarterMedian house priceHouses sold
Apr–Jun 2026$697,5006
Jan–Mar 2026$817,5002
Oct–Dec 2025$667,0003
Jul–Sep 2025$675,0003
Apr–Jun 2025$605,0003
Jan–Mar 2025$655,0001
Oct–Dec 2024$570,0002
Jul–Sep 2024$530,0003
Apr–Jun 2024$558,0005
Jan–Mar 2024$550,0003
Oct–Dec 2023$460,0005
Jul–Sep 2023$426,5004
Apr–Jun 2023$400,0003
Jan–Mar 2023$395,0002
Oct–Dec 2022$426,0005
Jul–Sep 2022$350,0003
Apr–Jun 2022$325,0003
Jan–Mar 2022$410,0007
Oct–Dec 2021$343,0009
Jul–Sep 2021$318,0003

Source: Office of the Valuer-General, South Australia, metropolitan median house sales, licensed under CC BY 4.0. Houses only. A suburb median is not a valuation of any one home.

For owners

Own a home in Elizabeth?

The median is the suburb; your price is your home. Land size, condition and street all move the number. Find out what yours would sell for, or rent for. Free, with no obligation.

What would you like to know?

Free and without obligation · instant confirmation · a call back within one business day

On the record

A year of Wemark,
across Adelaide

Not a claim, a listing history. Every figure is from our RateMyAgent agency profile, covering the twelve months to September 2026 — see it there.

180
Tenancies secured
97 of 180
Leased within a week
75
Suburbs leased in
37
Homes and land sold · to $2.1M
In Elizabeth

Leased

Street names only — tenants live there now. Each one links to its RateMyAgent record.

Around Elizabeth, over the same year: Elizabeth Downs — 5 leases; Elizabeth East — 2 leases; Elizabeth North — 2 leases; Elizabeth Grove — 1 sold ($415,000); Elizabeth Vale — 1 lease; Elizabeth Park — 1 lease. All of it is on RateMyAgent.

For landlords

Renting out a home
in Elizabeth

What we lease
Across the 180 tenancies we secured in the twelve months to September 2026 — 167 homes in 75 suburbs — 103 3-bedroom, 41 4-bedroom, 23 2-bedroom, 7 5-bedroom and 6 1-bedroom homes. By type: 149 houses, 25 units, 5 apartments and 1 townhouse.
How quickly
97 of those 180 were leased within a week of going live, 84 of them within a day. The median campaign ran 6 days; the longest took 29. Every Wemark rental is shown to the 40,000+ people who visit this site each month before it reaches the portals.
Asking rents now
Nothing of ours is advertised in Elizabeth this week, though we have 28 rentals live across Adelaide. For a figure on your property, book the free rental appraisal — a property manager calls within four business hours.
What every Elizabeth landlord gets
A named property manager with about 100 properties, not the 150–200 the industry runs; 360° camera inspections three to four times a year; replies within four business hours; tenant screening with background, reference, financial and TICA checks; and rent released the moment it's paid, through Ailo.
Already with another agent?
You sign one form. We notify your current agent, collect the keys, the file and the bond details, and introduce ourselves to your tenant — the tenancy carries on unchanged. How switching works.
Book a free rental appraisal
Live now

On the market in Elizabeth