QLD has seen average median house prices change by 1.98% which means that Elanora, 4221 has done well for property investors by showing a capital gain of 12.27% over the last year
While Elanora,4221 ranked number 170th in QLD for increase in median house value (annualised) increase, it is ranked 102th over the last 5 years.
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 Elanora, 4221. Typically our figures indicate that -4.79% is being offered, which puts this QLD suburb at 2730th most discounted overall in Australia.
Elanora has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 14.84% to date .
While Elanora,4221 ranked number 139th in QLD for increase in median house value (annualised) increase, it is ranked 76th over the last 5 years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Elanora itself are offering an average vendor discount of -3.95% to real estate investors.
Often selling an investment property can take time, and in Elanora the average time real estate has been on the market is 46.5 days.