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Elanora

POSTAL CODE: QLD, 4221
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Based on its average 5-year and quarterly capital gains ELANORA, 4221 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that ELANORA, 4221 obtained a 9.94% growth over a ten-year period. It ranks 25th on our list of suburbs that property investors should look into.

ELANORA, 4221 in QLD belongs to the local government area of Gold Coast.

ELANORA, 4221 has a capital gain of 10.35% for the past year, which is lower than average compared to its 85.37% growth within a five-year period.

With the median home price in ELANORA sitting at $1,412,500, and the average rent at $1000, property owners could potentially earn a 3.68% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in ELANORA are low, as opposed to average gains per annum over the past five years.

Surburb overview

Elanora, a Queensland Gold Coast suburb, is approximately 20.9 kilometres south of Surfers Paradise and about 92.7 kilometres southeast of Brisbane. The suburb covers an area of 8.9 square kilometres and is nestled between Tallebudgera Creek to the northwest and Currumbin Creek to the southeast.

As of 2023, Elanora has an estimated resident population of 12,985, with a population density of 1,458 persons per square kilometre. The predominant age group in Elanora is 40-49 years.

Public transport services in Elanora include TransLink bus routes connecting the suburb to surrounding areas. The Pacific Motorway is easily accessible for those commuting by car, providing direct access to Brisbane and other coastal regions.

Elanora offers a range of essential establishments, including The Pines Shopping Centre on Guineas Creek Road, which houses supermarkets, specialty stores, and dining options. The suburb is also home to educational institutions such as Elanora State School and Elanora State High School.

Recreational activities are abundant in Elanora. The suburb is bordered by parklands and natural reserves, making it popular among families with young children. Nearby golf courses and conserving older trees during development contribute to the suburb's green spaces. Elanora's position on a ridge provides residents with ocean, creek, or lake views.

With its family-friendly atmosphere, access to amenities, and proximity to natural attractions, Elanora continues to be a sought-after suburb on the Gold Coast.

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