Suburb Profile Report for Elanora QLD (4221)

Elanora House: Median price $645,000, Annual capital growth 3.60%, Number of sales 219, Weekly median advertised rent $590

Elanora Unit: Median price $368,000, Annual capital growth 2.69%, Number of sales 77, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Elanora, 4221 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.41%

When looking at the potential capital gains offered to property investors over the last 3 years, Elanora comes in at number 109th in QLD.

Elanora4221 is located in QLD which offers an average discount of -7.05% to property investors. Elanora itself is showing figures that indicate -3.49% is the average achievable by property buyers investing in the suburb.

Elanora is 345th on a list of best yielding suburbs for rents in QLD with a 4.76% return

Property investors who have had real estate in Elanora, 4221 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 increase in value by 0.82%

Elanora,4221 has offered an average of 0.82% return per annum in house price rises to property investors over the last three years.

The most recent median price for Elanora is $368000, with sellers offering an average of -4.17% off the asking price.

On average over the past year, suburb has had 6.42 sales per month, which equates to 77 per year.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 5.93%, without taking into account capital value appreciation, which has been averaging out at 2.69%.

Metrics i HOUSE UNIT
$645,000 $368,000
0.78% 0.34%
7.41% 0.82%
3.60% 2.69%
$590 $420
219 77
4.76% 5.93%
45 38.71

Source: CoreLogic

DSR Score for property investment : Very good (U), Very good (H)
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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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