Markets In A ‘sound’ State Despite Shift: PIPA
The winds of change are sweeping through the country’s real estate market, but for Property Investment Professionals o...
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 8.91% growth over a ten-year period. It ranks 405th on our list of suburbs that property investors should look into.
ELANORA, 4221 in QLD belongs to the local government area of Gold Coast (C).
ELANORA, 4221 has a capital gain of 38.56% for the past year, which is higher than average compared to its 66.27% growth within a five-year period.
With the median home price in ELANORA sitting at $1,060,000, and the average rent at $750, 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.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||38.56%||24.56%|
|Median 3 years||54.74%||31.13%|
|Median 5 years||66.27%||46.37%|
|10 years average annual||8.91%||5.9%|
|Weekly media advert. rent||$750||$500|
|Time on Market||19.0 days||32.7 days|
|Gross Rental Yield Percent||3.68%||4.86%|