Suburb Profile Report for Elanora QLD (4221)

Elanora House: Median price $610,000, Annual capital growth 3.65%, Number of sales 219, Weekly median advertised rent $550

Elanora Unit: Median price $367,000, Annual capital growth 3.33%, Number of sales 126, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

HOUSE UNIT
$610,000 $367,000
2.26% 1.94%
10.91% 16.51%
3.65% 3.33%
$550 $395
219 126
4.69% 5.60%
50.86 54.57

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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