Property investors have seen a -1.02% drop in ELANORA HEIGHTS based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ELANORA HEIGHTS, 2101 saw average growth in the long term.
The NSW suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,705,000
Profits averaged 18.81% per annum over a 3-year period, due to an upward trend in home prices in ELANORA HEIGHTS, 2101.
This means, real estate investors could earn a rental income of $925 based on current median home prices for the suburb.
The gross rental yield in ELANORA HEIGHTS, 2101 is 2.82%.
An average of 5.58 real estate transactions take place per month in ELANORA HEIGHTS which translates to 67 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||10%||N/A|
|Median 3 years||56.42%||N/A|
|Median 5 years||80.42%||N/A|
|10 years average annual||7.51%||N/A|
|Weekly media advert. rent||$925||N/A|
|Time on Market||43.2 days||N/A|
|Gross Rental Yield Percent||2.82%||N/A|