🏡 Unlocking Opportunity: 300 New Homes Planned for Elizabeth South, Adelaide

Adelaide’s northern suburbs are set for a major transformation, as the South Australian Government releases a prime 8.52-hectare landholding in Elizabeth South—paving the way for up to 300 new homes. This strategic move not only aims to alleviate the ongoing housing shortage in South Australia, but also introduces more affordable housing options in one of the state’s fastest-growing regions.

📍 A Prime Location with Enormous Potential

Located at Lots 3002 and 4002 John Rice Avenue, this land is situated just opposite the redeveloped Lionsgate Business Park—the former site of the Holden factory. With established infrastructure surrounding the site, including the Lyell McEwin Hospital, Calvary Central Districts, and shopping hubs like Parabanks, Saints, and Elizabeth Shopping Centre, this area offers future homeowners both convenience and lifestyle appeal.

🛠️ Development Conditions & Planning Highlights

The land is being sold by Renewal SA, with some key development conditions:

  • A minimum of 230 homes must be built on the site
  • At least 15% of the homes must be affordable, accessible through HomeSeeker SA
  • While the land is primarily zoned for residential development, complementary uses—such as aged care, childcare, retail, and small-scale commercial ventures—are welcomed

These conditions align with the broader National Housing Accord, aiming to develop 1.2 million homes by 2029. Notably, South Australia is currently behind its quarterly housing targets, with only 3,104 homes built between July–September 2024, falling short of the 4,191 required.

🌱 From Industrial Roots to Community Growth

This land was originally earmarked for industrial use tied to the automotive industry, particularly the now-closed GM Holden factory. With Holden’s closure in 2013, the land remained unused—until now.

With the rezoning and land release, Renewal SA is helping convert this dormant industrial space into a thriving, sustainable residential community. It’s an exciting step forward in urban regeneration.

💬 Industry Insights

According to Rhys Newman, Associate Director at Colliers SA (the selling agents), the property presents a “rare opportunity to create a vibrant community,” leveraging both location advantages and extensive infrastructure. Although the site includes some easements and protected trees, it is ideal for medium-density housing and a master-planned neighborhood.

 

 

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📊 Real Estate & Investment Impact

For investors, first-home buyers, and developers, this land release is more than just another project:

  • High Growth Potential: Northern Adelaide suburbs like Elizabeth South are seeing rapid growth in both property values and rental demand
  • Affordable Housing Access: 15% allocation ensures inclusivity and attracts a broader buyer demographic
  • Infrastructure Advantage: Close proximity to hospitals, transport, and retail hubs increases long-term value

📆 What’s Next?

The land is available through an Expressions of Interest (EOI) campaign, closing on Thursday, May 22, 2025. No official price guide has been published yet.

This is a key moment for South Australia’s real estate market—and a sign that more government-led development opportunities may be on the horizon.

🧭 Final Thoughts from BestPropertyAgent.com.au

As professional real estate agents dedicated to unlocking the best property opportunities across Adelaide and beyond, we see this as an exciting step toward solving the housing crisis and improving urban liveability.

Whether you’re a developer looking for your next big project, or a homebuyer hoping to break into the market with affordable options—Elizabeth South’s transformation is one to watch.

👉 Thinking of buying or investing in Adelaide’s northern suburbs?
Contact us today — we’re here to guide you home.

 

Property Management Services Melbourne

 

Disclaimer

The information provided in this article is for general informational purposes only and does not constitute professional legal, financial, or real estate advice. While BestPropertyAgent.com.au strives to ensure accuracy and reliability, we make no representations or warranties regarding the completeness, accuracy, or suitability of any information referenced. Development plans, housing numbers, and affordability requirements are based on publicly available data as of April 2025 and may be subject to change by governing authorities.

Readers are encouraged to conduct their own due diligence and consult with qualified professionals before making any property or investment decisions.

 

source: Realestate.com.au News Article: Reports on the government’s plan to offload the significant landholding at Elizabeth South for new home development.

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