Since Nan Bought

Northern Adelaide · South Australia

What's changed in Elizabeth since Nan bought

In 1955 a typical Elizabeth house was about $5,400, or 3.2 years of an average wage. In 2026 it is about $495,000, or 5 years. Here is the decade-by-decade version, what was standing when, and what her block does now.

Price, 1955 → 2026
$5,400 → $495,000
Years of wages
3.2 → 5
Rebuilt or infill today
20% of homes

Modelled, not measured. Prices are the Adelaide median house price of the day (rounded, dollars of the day) scaled to where Elizabeth sits against the city median in 2026, blended toward the median for earlier decades because suburbs move up and down the ladder. Wages are national average full-time earnings. Treat every figure as "about". For actual sales history, ask an agent or the state valuer.

The decades

1955
$5,400≈ 3.2 yrs of wages ($1,700/yr)

Trust homes and fibro on the fringe; stone villas closer in.

Of today's houses, standing by 1955
33%
1965
$7,400≈ 2.6 yrs of wages ($2,800/yr)

Cream brick veneer, one bathroom, a Hills Hoist.

Of today's houses, standing by 1965
73%
1975
$20,000≈ 2.5 yrs of wages ($8,000/yr)

Brown brick project homes, ducted evaporative, a family room.

Of today's houses, standing by 1975
80%
1985
$51,000≈ 2.6 yrs of wages ($20,000/yr)

The ensuite arrives. Colorbond replaces galvanised iron.

Of today's houses, standing by 1985
80%
1995
$74,500≈ 2.2 yrs of wages ($34,000/yr)

Four-two-two under one roof. Rendered feature walls.

Of today's houses, standing by 1995
80%
2005
$170,000≈ 3.1 yrs of wages ($55,000/yr)

Biggest houses in the world. Alfresco and theatre room.

Of today's houses, standing by 2005
84%
2015
$260,000≈ 3.3 yrs of wages ($78,000/yr)

Two-for-one subdivisions start. Solar on a third of roofs.

Of today's houses, standing by 2015
92%
2026
$495,000≈ 5 yrs of wages ($100,000/yr)

7-star, all-electric, 300m² blocks. Or a rebuild on Nan's.

Of today's houses, standing by 2026
100%

Includes ~20% infill that replaced an earlier house.

What's been knocked down

Rebuild pressure in Elizabeth is medium. A knockdown or a subdivision every few streets. Character is shifting but the original stock still dominates. Renewal SA is replacing Trust stock with new townhouses across whole streets, so the mix is shifting fast in pockets and not at all elsewhere.

Locals know: Built as a satellite city for Holden workers from 1955. The double-brick Trust homes are structurally better than their reputation.

What Nan's block does today

A typical Elizabeth block is 650-800m². Three realistic paths in 2026.

Split it into two Torrens titles

Blocks of 650-800m² in Elizabeth are the size developers look for. Two 4-bed homes typically $550K-$750K each to build, before demolition and civils.

Read the guide

Knock it down, build one

One 220-260m² family home on the full block, $520K-$900K depending on builder tier. Keeps the backyard.

Read the guide

Keep it and fix it

Roof, rewire, switchboard, salt damp and a bathroom: $60K-$120K to bring an old Adelaide house up to modern comfort.

Read the guide

Questions about Elizabeth

How much did a house in Elizabeth cost in the 1960s?+

Modelled on the Adelaide median of the day and Elizabeth's current position relative to the city, a typical Elizabeth house was around $7,400 in 1965, or about 2.6 years of an average full-time wage. In 2026 it is around $495,000, or about 5 years of wages. These are indicative figures, not sales records.

How much of Elizabeth has been knocked down and rebuilt?+

Roughly 20% of today's homes in Elizabeth are infill: townhouses, courtyard homes or rebuilds that replaced an earlier house. Rebuild pressure is medium: A knockdown or a subdivision every few streets. Character is shifting but the original stock still dominates.

What was Elizabeth like when it was built?+

The largest share of Elizabeth (65%) is post-war trust and commission homes (1945-1965). SA Housing Trust double-brick and cream-brick semis and singles, concrete or timber floors, small windows, hip roofs in tile or iron. Solid and simple.

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