If you compare the increase in value of investment property in Elanora Heights, 2101 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 21.74%.
While Elanora Heights,2101 ranked number 134th in NSW for increase in median house value (annualised) increase, it is ranked 197th over the last 5 years.
Vendor discounting in Elanora Heights is giving property investors an average Vendor Discount of around -4.40%. This puts suburb at number 692th in NSW when ranking the most discounted suburbs.
In the last year 63 properties changed hands in Elanora Heights, which puts it as the 522th most active market in NSW when comparing the number of sales per suburb.
A $925 per week rent on the median house gives suburb investors a gross yield of circa 2.75%, without taking into account capital value appreciation, which has been averaging out at 8.42%.