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 3.21% growth over a ten-year period. It ranks 2401st 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 5.11% for the past year, which is lower than average compared to its 43.87% growth within a five-year period.
With the median home price in ELANORA sitting at $669,000, and the average rent at $600, property owners could potentially earn a 4.66% 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.
A steady increase in median property prices over a five-year period in ELANORA, 4221 translates to a 23% capital gain.
Property investors enjoyed capital gains of 1.37% over the last 12 months in ELANORA, translating to lower returns compared with its peers in QLD.
ELANORA, 4221 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $369,000.
Profits due to an upward trend in home prices in ELANORA, 4221 averaged 7.67% per annum over a 3-year period.
Home owners selling their properties and realtors in ELANORA usually have to wait an average of 52.3 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $430 mark, reflecting a 6.06% increase in returns based on the current median price in ELANORA.
ELANORA, 4221 places 184th in Australia based on median property value growth during the quarter.