The park is named after the Elder family who were early settlers and developed the company Elder Smith (previously known as Goldsbrough Mort).
The Elder Park Rotunda was erected in 1882. The Popeye boat is launched off the banks of the River Torrens, near Elder Park as well as paddleboats. The Torrens Linear Walk also passes through Elder Park.
- "Adelaide Symphony Orchestra Santos Symphony Under the Stars". The Adelaide Youth Orchestras Inc. Retrieved 27 Feb 2015.
- "Elder Park". Adelaide Festival of Arts. Retrieved 27 Feb 2015.
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