Skip to main content

Elizabeth Downs vs Meningie East

Property investment comparison - Elizabeth Downs, SA 5113 vs Meningie East, SA 5264

Head-to-head across core investment metrics: Elizabeth Downs wins 2, Meningie East wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricElizabeth DownsMeningie East
Median house price$625K$635K
Median unit price--
Gross rental yield (houses)4.20%3.26%
Gross rental yield (units)4.74%-
1-year house growth+15.3%-
3-year house growth+60.8%-
Vacancy rate1.2%0.4%
Population5,16018

Elizabeth Downs vs Meningie East: what the numbers say

The median house price is $625K in Elizabeth Downs and $635K in Meningie East, so Elizabeth Downs is the cheaper entry point, with Meningie East houses about 2% dearer.

On cash flow, Elizabeth Downs leads: houses there return a gross rental yield of 4.20%, compared with 3.26% in Meningie East, a gap of 0.94 percentage points.

Rental vacancy is 0.4% in Meningie East and 1.2% in Elizabeth Downs, so landlords in Meningie East face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Elizabeth Downs is the bigger suburb, with a population of 5,160 against 18, roughly 287 times the size of Meningie East; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Elizabeth Downs for rental income, Elizabeth Downs for a lower purchase price, Meningie East for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison