Suburb Profile Report for Elanora QLD (4221)

Elanora House: Median price $633,000, Annual capital growth 3.87%, Number of sales 215, Weekly median advertised rent $570

Elanora Unit: Median price $364,750, Annual capital growth 2.84%, Number of sales 91, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Elanora has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.04%

Over the longer term, Elanora has seen property prices show investors a 29.18% return over the last 3 years. This is worse than over the last 12 months

At number 726th of QLD’s most discounted properties, Elanora is in the TOP 20% of the state/territory when listing in order of most discounted to least.

Renters in Suburb are facing rents around $6840 per annum or $570 every week.

Over the last year, property investments in Elanora, 4221 have given investors a capital gain of 7.75%. This compares favourably with the 1.70% for QLD as a whole.

Across a shorter period, Elanora, 4221 has seen a median price increase of -0.41% over the last quarter.

The most recent median price for Elanora is $364750, with sellers offering an average of -4.04% off the asking price.

Elanora, 4221’s gross rental yield is 5.70%

HOUSE UNIT
$633,000 $364,750
3.77% -0.41%
13.04% 7.75%
3.87% 2.84%
$570 $400
215 91
4.68% 5.70%
41.86 38.33

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 11645
Median household income ($/weekly) 1160
Median age of persons 41
Median housing loan repayment ($/monthly) 1950
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1612 13.8
    35-44 years 1682 14.4
    45-54 years 1709 14.7
    55-64 years 1468 12.6
    65-74 years 1070 9.2
    Others 4105 35.2
    Age Group
    Census Count Percent(%)
    Registered Married 4621 53.3
    Not Married 3331 38.4
    Defacto Relationship 719 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 8920 79.7
    Papua New Guinea 585 5.2
    South Africa 112 1.0
    United Kingdom 855 7.6
    Other 175 1.6
    Others 544 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 137 1.3
    Christianity 8044 74.5
    Hinduism 16 0.1
    Other Religious Groups 46 0.4
    No Religion 2537 23.5
    Others 19 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 431 11.6
    $600-$799 389 10.5
    $800-$999 382 10.3
    $1,500-$1,999 507 13.6
    $2,000-$2,499 382 10.3
    Others 1626 43.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3154 35.2
    Employed, worked full-time 2994 33.4
    Employed, worked part-time 2115 23.6
    Unemployed, looking for work 398 4.4
    Employed, away from work 299 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 949 17.6
    Technicians & trades workers 885 16.4
    Community & personal service workers 606 11.2
    Clerical & administrative workers 794 14.7
    Sales 741 13.7
    Others 1430 26.5
    Occupation
    Census Count Percent(%)
    Pre-school 150 5.8
    Infants/Primary 1054 40.6
    Secondary 770 29.7
    Technical or Further Educational Institution 203 7.8
    University or other Tertiary Institutions 341 13.2
    Others 75 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9493 85.5
    Semi-detached, row or terrace house, townhouse 1412 12.7
    Flat, unit or apartment 193 1.7
    Improvised home, tent, sleepers out 6 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1680 41.3
    Fully owned 1532 37.7
    Rented 840 20.7
    Other tenure type 15 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals