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.