Investment property in Elmore has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 14.42%
Taking the average capital gain, or increase in median house value, Elmore,3558 has racked up an average of 14.42% over the period. This ranks it number 1381th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Elmore is $236000, with sellers offering an average of -6.48% off the asking price.
At number 891 in a list of fastest selling suburbs, Elmore is in the TOP 30% of suburbs in Australia with an average of days on market 45.66 for properties listed there.
Advertised rents are around the $202.5 mark per week – giving a return of 4.46% based on the median price in Suburb