Property value increases in Ellen Grove have tracked just higher than the QLD average of 2.45% over the last 12 months.
While Ellen Grove,4078 ranked number 401th in QLD for increase in median house value (annualised) increase, it is ranked 756th over the last 5 years.
Property buyers and investors in Ellen Grove 4078 should be seeing an average reduction in asking price of around -9.11% . This means that Ellen Grove is holding prices well when compared to other suburbs in QLD.
At number 1267 in a list of fastest selling suburbs, Ellen Grove is in the TOP 40% of suburbs in Australia with an average of days on market 61.25 for properties listed there.
Ellen Grove, 4078 ranked 183th in QLD when comparing growth in median property values or capital gain over the last 12 months. Ellen Grove is one of 2415 in our list for QLD
Across a shorter period, Ellen Grove, 4078 has seen a median price increase of 0.14% over the last quarter.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.22%, without taking into account capital value appreciation, which has been averaging out at 0.29%.