Suburb Profile Report for Elanora QLD (4221)

Elanora House: Median price $660,000, Annual capital growth 3.26%, Number of sales 217, Weekly median advertised rent $600

Elanora Unit: Median price $360,000, Annual capital growth 2.29%, Number of sales 70, Weekly median advertised rent $425

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Elanora, 4221 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 5.60%.

While Elanora,4221 ranked number 297th in QLD for increase in median house value (annualised) increase, it is ranked 68th over the last 5 years.

On average over the past year, suburb has had 18.08 sales per month, which equates to 217 per year.

Elanora, 4221’s gross rental yield is 4.73%

Elanora has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -1.71% to date .

Comparing Elanora,4221 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Advertised rents are around the $425 mark per week – giving a return of 6.14% based on the median price in Suburb

Metrics i HOUSE UNIT
$660,000 $360,000
1.54% -0.28%
5.60% -1.71%
3.26% 2.29%
$600 $425
217 70
4.73% 6.14%
N/A N/A

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
Chart Table
Recent sales & rentals