21 Stone road, Elizabeth Downs SA 5113
21 Stone road, Elizabeth Downs SA 5113
3 bed 1 bath brick veneer on 697m² block|18m frontage no easement|4% rental yield|Strong renter demand in family pocket|
Solid configuration suits first home buyers or investors seeking affordability and expansion potential. Detached house in renter-heavy area
Market Insight:
Elizabeth Downs is drawing buyers because it still ranks among Adelaides more affordable northern suburbs while migration-backed demand and investors chasing high single-digit yields keep inspection groups large. Tight supplysub-0.7 months inventory, low stock on market, modest new approvalssupports values but the suburb already requires about 49 years to own, so affordability fatigue or policy shifts could cool momentum. Prices have climbed sharply over the past six months, with median houses rising in the low-mid teens percentile range and roughly $30,000 jumps in just a few months, so if migration demand stays firm there is still upside.