Lot 2 - Afford Street - Elizabeth Grove

Elizabeth Grove, Adelaide, SA, 5112

$ 774,064

Elizabeth Grove, Adelaide, SA, 5112
House and Land Investment Property in Elizabeth Grove, SA (3.9% Yield) | Aus Investment Properties - Photo 1
House and Land Investment Property in Elizabeth Grove, SA (3.9% Yield) | Aus Investment Properties - Photo 2
House and Land Investment Property in Elizabeth Grove, SA (3.9% Yield) | Aus Investment Properties - Photo 3
House and Land Investment Property in Elizabeth Grove, SA (3.9% Yield) | Aus Investment Properties - Photo 4

Property Images

House and Land Investment Property in Elizabeth Grove, SA (3.9% Yield) | Aus Investment Properties - Photo 1 House and Land Investment Property in Elizabeth Grove, SA (3.9% Yield) | Aus Investment Properties - Photo 2 House and Land Investment Property in Elizabeth Grove, SA (3.9% Yield) | Aus Investment Properties - Photo 3 House and Land Investment Property in Elizabeth Grove, SA (3.9% Yield) | Aus Investment Properties - Photo 4
  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 135

Details

Updated on May 21, 2026

Property Type: House and Land
Price: $ 774,064
Land Price: $ 379,000
Build Price: $ 395,064
Gross Per Week: $ 580
Gross Per Annum: $ 30,160
Gross Yield: 3.90%
Capital Growth 12 Months: 10.00%
10Yr Annualised Growth: 11.34%
Vacancy Rate: 0.84%
Property Size: 135 m2
Land Area: 385 m2
Bedrooms: 3
Bathrooms: 2
Parking: 1
Title Status: N/A
Property ID: 21815
SKU: 1001

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us* 


Elizabeth Grove, located about 23 km north of Adelaide’s CBD, is a residential suburb within the City of Playford. As part of the greater Elizabeth area, it has a long-standing history as a working-class suburb, originally developed in the mid-20th century to support industrial and manufacturing growth. Today, it remains an affordable and well-connected suburb, appealing to families, retirees, and budget-conscious buyers.

The suburb has several local amenities, with parks and green spaces providing recreational opportunities. Ridley Reserve, located nearby, is a popular sporting hub with football and soccer fields, along with other community facilities. Other smaller parks throughout the suburb offer playgrounds, walking paths, and picnic areas, making it family-friendly. Elizabeth Grove is also close to the Playford Civic Centre, which includes a library, community services, and event spaces.

For shopping, residents primarily rely on the Elizabeth City Centre, one of the largest shopping complexes in northern Adelaide. The centre features major retailers such as Big W, Kmart, and Target, along with supermarkets like Woolworths and Coles. A variety of fashion stores, specialty shops, cafes, and a cinema add to the convenience. Smaller local shops and takeaway food outlets are also available within Elizabeth Grove for everyday needs.

Education is well-supported in the suburb, with several schools nearby. Elizabeth Grove Primary School serves the local community, while Playford International College in the neighboring suburb offers secondary education. Trinity College and St. Patrick’s Technical College are also options for families looking for private schooling within a short drive. The TAFE SA Elizabeth campus provides vocational training and further education opportunities.

Transportation is a strong point for Elizabeth Grove, with well-connected public transport options. The Elizabeth Railway Station is a short distance away, providing regular train services to Adelaide’s CBD in around 30 minutes. Multiple bus routes also run through the suburb, connecting residents to nearby areas and shopping precincts. For those who drive, Main North Road and the Northern Expressway provide easy access to both the city and the Barossa Valley region.

Overall, Elizabeth Grove offers an affordable and convenient lifestyle with good transport links, access to essential amenities, and proximity to one of northern Adelaide’s major shopping and commercial hubs. While it retains its industrial roots, ongoing development and improvements in the broader Elizabeth area continue to make it a practical choice for families and individuals looking for value and convenience.

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 2 - Afford Street - Elizabeth Grove
City Adelaide
State SA
Postcode 5112
Suburb Elizabeth Grove
Region Adelaide

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

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