Suburb Profile Report for Elanora QLD (4221)

Elanora House: Median price $640,000, Annual capital growth 3.61%, Number of sales 215, Weekly median advertised rent $580

Elanora Unit: Median price $369,500, Annual capital growth 2.88%, Number of sales 76, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Elanora have tracked just higher than the QLD average of 2.41% over the last 12 months.

Over the longer term, Elanora has seen property prices show investors a 24.27% return over the last 3 years. This is worse than over the last 12 months

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 -3.55% is being offered, which puts this QLD suburb at 3310th most discounted overall in Australia.

On average over the past year, suburb has had 17.92 sales per month, which equates to 215 per year.

Giving property investors a an average capital gain of 2.64% for the last year, Elanora, 4221 is the 899th highest performer in Australia in this respect.

The five-year average increase in median property values for Elanora,4221 has given property investors a potential capital gain of 23.17% across each of those five years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.08% offered to property buyers. Sellers in Elanora itself are offering an average vendor discount of -4.22% to real estate investors.

Residents and property investors in Elanora have been waiting around 38.66 days to sell a property.

Renters in Suburb are facing rents around $5040 per annum or $420 every week.

Metrics i HOUSE UNIT
$640,000 $369,500
0.16% 2.35%
7.20% 2.64%
3.61% 2.88%
$580 $420
215 76
4.71% 5.91%
44.54 38.66

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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Recent sales & rentals