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 16.99%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Elanora Heights has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in Elanora Heights itself are offering an average vendor discount of -3.46% to real estate investors.
On average over the past year, suburb has had 5.08 sales per month, which equates to 61 per year.
Elanora Heights, 2101’s gross rental yield is 2.91%