Elizabeth Park vs Elizabeth Downs.
Comparing two suburbs with median house prices of $671,000 and $640,000. Elizabeth Downs edges out on more headline metrics in this comparison.
Elizabeth Downs (median $640,000) is roughly 5% cheaper to buy into than Elizabeth Park ($671,000). Over the past year, Elizabeth Park (+12.3%) ran 0.7 percentage points ahead of Elizabeth Downs (+11.6%) on house-price growth.
On school quality, the average ICSEA across schools serving Elizabeth Downs (941) sits above Elizabeth Park (920).
For buyers
Elizabeth Downs is the lower entry point at $640,000 median, 5% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Elizabeth Downs delivers the better gross yield (4.06% vs 3.95%), but Elizabeth Park has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
Elizabeth Downs edges out on average school ICSEA (941 vs 920).
Common questions
Is Elizabeth Park or Elizabeth Downs cheaper to buy in?
Elizabeth Downs has the lower median house price at $640,000, roughly 5% below Elizabeth Park ($671,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Elizabeth Park or Elizabeth Downs?
Over the past 12 months, Elizabeth Park grew +12.3% vs +11.6% in Elizabeth Downs, a gap of 0.7 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Elizabeth Park or Elizabeth Downs have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Elizabeth Downs scores 941 vs 920 in Elizabeth Park. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Elizabeth Park or Elizabeth Downs?
Gross rental yield on houses is 4.06% in Elizabeth Downs vs 3.95% in Elizabeth Park. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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