Suburb Profile Report for Elanora Heights NSW (2101)

Elanora Heights House: Median price $1,632,000, Annual capital growth 7.70%, Number of sales 61, Weekly median advertised rent $913

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

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%

Metrics i HOUSE UNIT
$1,632,000 N/A
3.62% N/A
16.99% N/A
7.70% N/A
$913 N/A
61 N/A
2.91% N/A
33.93 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
Find a mortgage broker in Elanora Heights NSW
Demographics
Total population 3852
Median household income ($/weekly) 1997
Median age of persons 39
Median housing loan repayment ($/monthly) 3000
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 594 15.4
    35-44 years 586 15.2
    45-54 years 621 16.1
    55-64 years 441 11.4
    65-74 years 342 8.9
    Others 1268 32.9
    Age Group
    Census Count Percent(%)
    Registered Married 1714 62.3
    Not Married 889 32.3
    Defacto Relationship 148 5.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2960 79.5
    Greece 41 1.1
    Papua New Guinea 83 2.2
    United Kingdom 329 8.8
    Other 90 2.4
    Others 220 5.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 37 1.0
    Christianity 2710 75.2
    Hinduism 8 0.2
    Other Religious Groups 20 0.6
    No Religion 817 22.7
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 109 10.2
    $2,000-$2,499 126 11.8
    $2,500-$2,999 138 12.9
    $3,000-$3,499 121 11.3
    $4,000 or more 105 9.8
    Others 472 44.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1118 38.8
    Not in the labour force 834 29.0
    Employed, worked part-time 735 25.5
    Employed, away from work 124 4.3
    Unemployed, looking for work 67 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 354 17.9
    Professionals 498 25.2
    Technicians & trades workers 251 12.7
    Clerical & administrative workers 314 15.9
    Sales 197 10.0
    Others 359 18.2
    Occupation
    Census Count Percent(%)
    Pre-school 111 10.4
    Infants/Primary 423 39.7
    Secondary 286 26.9
    Technical or Further Educational Institution 88 8.3
    University or other Tertiary Institutions 137 12.9
    Others 20 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3558 96.9
    Flat, unit or apartment 67 1.8
    Semi-detached, row or terrace house, townhouse 48 1.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 578 48.4
    Fully owned 507 42.5
    Rented 105 8.8
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals