Suburb Profile Report for Ellen Grove QLD (4078)

Ellen Grove House: Median price $280,500, Annual capital growth 14.22%, Number of sales 31, Weekly median advertised rent $320

Ellen Grove Unit: Median price $347,500, Annual capital growth 0.16%, Number of sales 108, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1720th 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 6.45% recorded in median house prices.

Ellen Grove,4078 was ranked 1602 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Ellen Grove should be aiming for at least -7.19% off the asking price, which is the average vendor discount being achieved at the moment.

At number 1241 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 66.36 for properties listed there.

With the median price for a house in Ellen Grove being $280500 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.93%

Property investors who have had real estate in Ellen Grove, 4078 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.56%

While Ellen Grove,4078 ranked number 150th in QLD for increase in median house value (annualised) increase, it is ranked 304th over the last 5 years.

Ellen Grove is 173th on a list of best yielding suburbs for rents in QLD with a 5.39% return

Metrics i HOUSE UNIT
$280,500 $347,500
2.00% 0.00%
6.45% -1.56%
14.22% 0.16%
$320 $360
31 108
5.93% 5.39%
66.36 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 2527
Median household income ($/weekly) 865
Median age of persons 28
Median housing loan repayment ($/monthly) 1300
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 485 19.2
    25-34 years 295 11.7
    35-44 years 311 12.3
    45-54 years 313 12.4
    55-64 years 282 11.2
    Others 843 33.3
    Age Group
    Census Count Percent(%)
    Not Married 817 52.6
    Registered Married 589 37.9
    Defacto Relationship 147 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1413 66.9
    Papua New Guinea 138 6.5
    United Kingdom 69 3.3
    Viet Nam 136 6.4
    Other 196 9.3
    Others 159 7.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 195 9.5
    Christianity 1347 65.4
    Hinduism 29 1.4
    Islam 37 1.8
    No Religion 437 21.2
    Others 15 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 82 13.1
    $600-$799 103 16.4
    $800-$999 70 11.2
    $1,000-$1,249 72 11.5
    $1,500-$1,999 80 12.8
    Others 220 35.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 742 48.0
    Employed, worked full-time 463 29.9
    Employed, worked part-time 199 12.9
    Unemployed, looking for work 96 6.2
    Employed, away from work 46 3.0
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 118 16.7
    Community & personal service workers 67 9.5
    Clerical & administrative workers 103 14.6
    Machinery operators & drivers 111 15.7
    Labourers 133 18.8
    Others 175 24.8
    Occupation
    Census Count Percent(%)
    Pre-school 28 5.0
    Infants/Primary 244 43.4
    Secondary 177 31.5
    Technical or Further Educational Institution 33 5.9
    University or other Tertiary Institutions 56 10.0
    Others 24 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1939 88.2
    Semi-detached, row or terrace house, townhouse 221 10.1
    Flat, unit or apartment 29 1.3
    Caravan, cabin, houseboat 7 0.3
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 420 60.4
    Fully owned 149 21.4
    Being purchased 120 17.3
    Other tenure type 6 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals