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Elanora Heights Suburb Insights
VICLocation Information
Suburb Name
Elanora Heights, VIC
Distance from CBD
20.4 kmDemographics
Population
4,357
Median Income
$44,460
Area Information
Area
3.88 km²
Population Density
1123 people/km²
Property Market
Median Price
$585,488
Annual Growth
+7.3%Property Price Trend Analysis
Current Median Price
$585,488
Annual Growth
+7.3%
Quarterly Growth
+4.9%
Price Trends - Last 6 Months
2024-01
$488,853
+4.2%2024-02
$739,392
+6.2%2024-03
$509,338
+12.7%2024-04
$580,668
+10.2%2024-05
$1,132,425
+7%2024-06
$1,055,589
+10.6%Property Type Price Analysis
House
Median Price
$1,324,196
Growth Rate
+9.7%Available Listings
253 properties
Apartment
Median Price
$378,385
Growth Rate
+17%Available Listings
930 properties
Townhouse
Median Price
$609,839
Growth Rate
+13.5%Available Listings
341 properties
Investment Potential Assessment
Investment Advantages
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy