Adelaide stands out as one of Australia’s most affordable capital cities for real estate, according to the Domain End-of-Year Report for 2024. But which are the cheapest suburbs in Adelaide right now?
Entering the start of 2025, the northern suburbs of Adelaide, in particular, are the most affordable, with the ‘Elizabeths’ taking first place.
Here’s a closer look at Adelaide’s most budget-conscious suburbs, focusing on their property prices per square meter and appeal to first-home buyers, families, and investors:
Elizabeth North – $655/m²
- Median House Price: $250,000
- Median Unit Price: $180,000
Why Buy Here?
Elizabeth North, home to about 3,588 residents, is known for its affordable housing and convenient location. It offers schools like Elizabeth North Primary School and numerous parks, making it suitable for families. Ongoing development projects indicate future growth potential for buyers and investors.
Explore more properties for sale in Elizabeth North, SA 5113
Elizabeth East – $686/m²
- Median House Price: $270,000
- Median Unit Price: $190,000
Why Buy Here?
Elizabeth East provides excellent public transport connections, such as the Gawler railway line, which makes commuting to Adelaide’s city centre straightforward. Its green spaces and well-maintained community facilities make it attractive to families and retirees seeking an affordable lifestyle.
Explore more properties for sale in Elizabeth East SA 5112.
Elizabeth Downs – $705/m²
- Median House Price: $265,000
- Median Unit Price: $185,000
Why Buy Here?
With a population of about 5,160, Elizabeth Downs offers a family-friendly environment. Local schools, including Elizabeth Downs Primary and South Downs Primary, are complemented by parks and playgrounds, which create a strong sense of community for residents.
Explore more properties for sale in Elizabeth Downs, SA 5113.
Elizabeth Park – $757/m²
- Median House Price: $280,000
- Median Unit Price: $200,000
Why Buy Here?
Elizabeth Park is a popular choice for young families. It offers modern housing, reputable schools like Elizabeth Park Primary and St Thomas More School, and easy access to retail centres like Elizabeth Shopping Centre.
Explore more properties for sale in Elizabeth Park, SA 5113.
Elizabeth Vale – $770/m²
- Median House Price: $290,000
- Median Unit Price: $210,000
Why Buy Here?
Elizabeth Vale combines affordability with convenience. Its local parks, healthcare facilities like Lyell McEwin Hospital, and reliable transport options make it a practical choice for families and investors.
Explore more properties for sale in Elizabeth Vale, SA 5112.
Frequently Asked Questions about Cheapest Suburbs in Adelaide
Want to find out where to find the richest suburbs in Adelaide? Read up in Soho’s feature.
1. What is the current value of Adelaide housing?
As of November 2024, Adelaide’s median home price is $795,000, marking a 14.64% increase over the past year.
2. What is the best place to rent a house in Adelaide?
Affordable inner-ring suburbs within 8 km of the CBD include Kilburn, Croydon Park, and Enfield, with median weekly rents of $525, $550, and $580, respectively.
3. How is the public transport system in Adelaide, Australia?
Adelaide offers a comprehensive public transport network of buses, trains, and trams, providing reliable services across the city and suburbs.
4. Is it good to live in Adelaide?
Adelaide is known for its high quality of life, featuring affordable housing, a relaxed lifestyle, and a vibrant cultural scene.
5. What are the safest suburbs in Adelaide?
Suburbs like Burnside, Unley, and Prospect are considered safe, offering strong community spirit and low crime rates.
6. What should I know about living in Adelaide, South Australia?
Adelaide offers a Mediterranean climate, excellent public services, and a friendly community, making it an attractive place to live.
