Property investors who have had real estate in Elanora Heights, 2101 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.73%
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.
At number 933th of NSW’s most discounted properties, Elanora Heights is in the TOP 30% of the state/territory when listing in order of most discounted to least.
A $900 per week rent on the median house gives suburb investors a gross yield of circa 3.02%, without taking into account capital value appreciation, which has been averaging out at 6.86%.