At number 2001th in the list of Australian suburbs ordered by increase in median house value over the last year, Ellen Grove, 4078 is in the top half with a property value increase of 5.45% recorded in median house prices.
Across a shorter period, Ellen Grove, 4078 has seen a median price increase of 2.00% over the last quarter.
Our latest figures would indicate that property sellers in Ellen Grove are currently offering property investors an average price cut of -7.97% below the asking price at the moment.
Residents and property investors in Ellen Grove have been waiting around 71.68 days to sell a property.
Investment property in Ellen Grove has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.56%
Over the longer term, Ellen Grove has seen property prices show investors a 0.43% return over the last 3 years. This is worse than over the last 12 months
In the last year 105 properties changed hands in Ellen Grove, which puts it as the 93th most active market in QLD when comparing the number of sales per suburb.
Property investors should expect to get $357.5 weekly from the median priced house in this suburb.