Suburb Profile Report for Ellen Grove QLD (4078)

Ellen Grove House: Median price $279,000, Annual capital growth -1.85%, Number of sales 23, Weekly median advertised rent $408

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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At number 3213th in the list of Australian suburbs ordered by increase in median house value over the last year, Ellen Grove, 4078 is in the BOTTOM 30% with a property value increase of -5.10% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ellen Grove has increased when compared to the 5 year average annual rate.

The QLD suburb of Ellen Grove, 4078 is in the Brisbane (C) local government area.

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Ellen Grove, QLD – Good yields with low prices

Postcode: 4078

Median house price: $294,000

Three-year growth: 10.1%

Rental yield: 5.7%

Situated on the fringe of Brisbane, the suburb of Ellen Grove was established in the late 1950s to early 1960s. It was named for the daughter of R.P. Spinks, who originally owned the land.

Houses here are very low priced at less than $300,000 while offering reasonable rental returns of 5.7%.

The Centenary Highway runs through the suburb, and the Logan Motorway borders part of Ellen Grove, making it a highly accessible area. It enjoys a peaceful atmosphere that is ideal for raising children, especially with the presence of a local primary school. Residents are served by a shopping centre and a railway station. The Brisbane mobile library stops by the suburb once a fortnight.

Metrics i HOUSE UNIT
$279,000 N/A
0.54% N/A
-5.10% N/A
-1.85% N/A
$408 N/A
23 N/A
7.59% N/A
77.2857142857143 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 2527
Median household income ($/weekly) 865
Median age of persons 28
Median housing loan repayment ($/monthly) 1300
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 485 19.2
    25-34 years 295 11.7
    35-44 years 311 12.3
    45-54 years 313 12.4
    55-64 years 282 11.2
    Others 843 33.3
    Age Group
    Census Count Percent(%)
    Not Married 817 52.6
    Registered Married 589 37.9
    Defacto Relationship 147 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1413 66.9
    Papua New Guinea 138 6.5
    United Kingdom 69 3.3
    Viet Nam 136 6.4
    Other 196 9.3
    Others 159 7.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 195 9.5
    Christianity 1347 65.4
    Hinduism 29 1.4
    Islam 37 1.8
    No Religion 437 21.2
    Others 15 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 82 13.1
    $600-$799 103 16.4
    $800-$999 70 11.2
    $1,000-$1,249 72 11.5
    $1,500-$1,999 80 12.8
    Others 220 35.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 742 48.0
    Employed, worked full-time 463 29.9
    Employed, worked part-time 199 12.9
    Unemployed, looking for work 96 6.2
    Employed, away from work 46 3.0
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 118 16.7
    Community & personal service workers 67 9.5
    Clerical & administrative workers 103 14.6
    Machinery operators & drivers 111 15.7
    Labourers 133 18.8
    Others 175 24.8
    Occupation
    Census Count Percent(%)
    Pre-school 28 5.0
    Infants/Primary 244 43.4
    Secondary 177 31.5
    Technical or Further Educational Institution 33 5.9
    University or other Tertiary Institutions 56 10.0
    Others 24 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1939 88.2
    Semi-detached, row or terrace house, townhouse 221 10.1
    Flat, unit or apartment 29 1.3
    Caravan, cabin, houseboat 7 0.3
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 420 60.4
    Fully owned 149 21.4
    Being purchased 120 17.3
    Other tenure type 6 0.9
    Tenure Type
Census 2011, ABS
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