Elanora

POSTAL CODE: QLD, 4221

HOUSE

UNIT

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 10.07% growth over a ten-year period. It ranks 4416th 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 16.42% for the past year, which is higher than average compared to its 67.92% growth within a five-year period.

With the median home price in ELANORA sitting at $1,560,000, and the average rent at $1200, property owners could potentially earn a 4% 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.

Homeowners and real estate investors betting on ELANORA, 4221 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 13.94%.

A steady increase in median property prices over a five-year period in ELANORA, 4221 translates to a 40.82% capital gain.

Property investors enjoyed capital gains of 13.94% over the last 12 months in ELANORA, translating to higher returns compared with its peers in QLD.

ELANORA, 4221 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 $940,000.

Profits due to an upward trend in home prices in ELANORA, 4221 averaged 13.61% per annum over a 3-year period.

Home owners selling their properties and realtors in ELANORA usually have to wait an average of 30.7 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $850 mark, reflecting a 4.7% increase in returns based on the current median price in ELANORA.

ELANORA, 4221 places 37th in Australia based on median property value growth during the quarter.

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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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,560,000	$940,000
Growth Report
Median Quarterly	2.8%	9.3%
Median 12 month	16.42%	13.94%
Median 3 years	33.91%	40.82%
Median 5 years	67.92%	101.18%
10 years average annual	10.07%	10.24%
Weekly media advert. rent	$1,200	$850
Time on Market	34.3 days	30.7 days
Gross Rental Yield Percent	4%	4.7%

Demographics (Median Values)*

Total Population 11676

Weekly Household Income 1043

Household Size 2.70

Average Age 39

Monthly Loan Repayment 1500

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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