16 Pasteur St, Elizabeth Vale is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1961. The property has a land size of 966m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in March 2008.
On offer is 4 modern Town Houses, At the Doorstop of The Lyell McEwin Hospital and only a 5-minute walk to the former Holden site (with news that German company Sonnen have scoped the site for a potential new headquarters, creating 130 jobs to begin with, increasing to 190 by the end of its fifth year.)
All with leases in place making an ideal investment with a good return of $63,752 per year (approx.).
Property Features include:
The size of Elizabeth Vale is approximately 2.5 square kilometres. It has 11 parks covering nearly 28.4% of total area. The population of Elizabeth Vale in 2016 was 4043 people. By 2021 the population was 4331 showing a population growth of 7.1% in the area during that time. The predominant age group in Elizabeth Vale is 20-29 years. Households in Elizabeth Vale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Elizabeth Vale work in a labourer occupation.In 2021, 44.50% of the homes in Elizabeth Vale were owner-occupied compared with 46.30% in 2016.
Elizabeth Vale has 1,626 properties. Over the last 5 years, Houses in Elizabeth Vale have seen a 174.25% increase in median value, while Units have seen a 163.32% increase. As at 30 November 2025:
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