Investment property in Elanora has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.91%
Across a shorter period, Elanora, 4221 has seen a median price increase of 2.26% over the last quarter.
Our latest figures would indicate that property sellers in Elanora are currently offering property investors an average price cut of -4.58% below the asking price at the moment.
Property investors should expect to get $550 weekly from the median priced house in this suburb.
Over the last year, property investments in Elanora, 4221 have given investors a capital gain of 16.51%. This compares very favourably with the 1.23% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Elanora,4221 has racked up an average of 16.51% over the period. This ranks it number 439th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Elanora are currently offering property investors an average price cut of -3.85% below the asking price at the moment.
On average over the past year, suburb has had 10.50 sales per month, which equates to 126 per year.
Renters in Suburb are facing rents around $4740 per annum or $395 every week.