This property is Off Market
With an average age of 40, households expect an average monthly mortgage payment of $1,595 or a weekly rent payment of $445. The average family earns a weekly income of $2,083 with a typical household size of 3 and a 96.05% employment rate.
Consistent high demand relative to supply is a key feature in Elanora driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Elanora due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Elanora provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Elanora necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
(Country of Birth not stated 4%)
Elanora a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
32 / 100
32 / 100
Industry
40 / 100
32 / 100
Population
37 / 100
40 / 100
House Prices
81 / 100
63 / 100
Jobs
31 / 100
31 / 100
Incidents Trend State Average
Palm Beach State School
Palm Beach, QLD, 4221 State Prep-6
Marymount College
Burleigh Waters, QLD, 4220 Independent 7-12
St Andrews Lutheran College
Tallebudgera, QLD, 4228 Independent Prep-12
Elanora State School
Elanora, QLD, 4221 State Prep-6
Elanora State High School
Elanora, QLD, 4221 State 7-12
St Augustine's Parish Primary School
Currumbin Waters, QLD, 4223 Independent Prep-6
Tallebudgera State School
Tallebudgera, QLD, 4228 State Prep-6
Currumbin State School
Currumbin, QLD, 4223 State Prep-6
Palm Beach-Currumbin State High School
Palm Beach, QLD, 4221 State 7-12
Currumbin Community Special School
Currumbin Waters, QLD, 4223 State Prep-12
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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