Suburb Profile Report for Ellen Grove QLD (4078)

Ellen Grove House: Median price $273,500, Annual capital growth 4.77%, Number of sales 29, Weekly median advertised rent $310

Ellen Grove Unit: Median price $347,500, Annual capital growth 0.16%, Number of sales 99, Weekly median advertised rent $365

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Ellen Grove, 4078 have given investors a capital gain of 4.77%. This compares favourably with the 1.88% for QLD as a whole.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ellen Grove, 4078. Typically our figures indicate that -9.61% is being offered, which puts this QLD suburb at 416th most discounted overall in Australia.

In the last year 29 properties changed hands in Ellen Grove, which puts it as the 594th most active market in QLD when comparing the number of sales per suburb.

Situated 18.41km from the CBD, Ellen Grove is one of Brisbane localities in the postcode 4078.

With a capital gain of -1.70% for the last 12 months, Ellen Grove, 4078 has performed for property investments than its average annual 0.16% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Ellen Grove comes in at number 258th in QLD.

In the last year 99 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.

Using the current median advertised rental of $365 and the average annual increase in value of a median property of 0.16%, investors should hope to achieve an overall return of 5.46%

HOUSE UNIT
$273,500 $347,500
1.30% -0.71%
4.77% -1.70%
4.77% 0.16%
$310 $365
29 99
5.89% 5.46%
85.04 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (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