Property value increases in Elanora have tracked higher than the QLD average of 2.38% over the last 12 months.
If we look at median property appreciation over just the last three months, Elanora has given property investors a paper return of 0.79%. This puts Suburb as 373 on a list of fastest fasting appreciating suburbs in QLD
Our latest figures would indicate that property sellers in Elanora are currently offering property investors an average price cut of -4.60% below the asking price at the moment.
Using the current median advertised rental of $570 and the average annual increase in value of a median property of 3.60%, investors should hope to achieve an overall return of 4.63%
At number 976th in the list of Australian suburbs ordered by increase in median house value over the last year, Elanora, 4221 is in the BOTTOM 50% with a property value increase of 1.41% recorded in median house prices.
A 18.03% growth in median value for property investors in Elanora,4221 puts this suburb at number 258th in terms of best performing suburbs in QLD
Sellers are offering property buyers an average discount of -4.04% to buyers in Elanora at the moment, which is less than average for the rest of QLD.