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Elanora Heights, NSW 2101

Home » NSW Real Estate Data » Northern Beaches Council, NSW » Elanora Heights, NSW 2101

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Elanora Heights, NSW 2101 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

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Yield 

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Buy 

1BR

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Elanora Heights, NSW 2101”

  1. The total adult population (15 years or older) of Elanora Heights 2101 NSW is 3,576, with a median age of 41. Of those, 57.30% are married, 8.61% are divorced or separated, 30.26% are single and 4.05% are widowed.

    The average household size is 3.2 people per dwelling, and the median household monthly income is estimated to be $12,708. The median monthly mortgage repayment for households in this suburb is $3,586 which is 28.22% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in NSW, the suburb of ELANORA HEIGHTS 2101, is home to an estimated 1,566 households. By Q3 of 2023, typical prices for houses in this suburb are $2,218,942, and the median weekly rent is $1,226. These values present an indicative yield of 2.87%, which lies slightly below the minimum attractive market requirement of 3% for cashflow-centred property investors.

    ELANORA HEIGHTS boasts a strong IRSAD score of 1133 out of 1217 indicating a high socio-economic status with good access to economic resources amongst its residents. Of significant interest to investors, the renter to owner ratio stands at a favourable low 13%. This lower figure presenting less competition between landlords as well as a reduced risk for investment.

    For investors considering balance in variety of property types, the suburb offers a well-proportioned units to house ratio of 10%. This ratio suggests less competition among landlords for tenants, supporting higher rental yields, and lower risk for value drops. It also talks to the appeal of the area for families who are likely to have longer tenancy periods.

    However, the affordability index in this suburb is on a higher side at 68 years indicating decreased affordability. This could be a potential deterrent for potential buyers looking for homes in this area.

    In terms of market supply, the suburb experiences low stock on market percentage for houses at a favourable 0.14%, and an inventory level for houses stands at a low 0.56 months. This last metric reveals a quick absorbency of the property market for new listings. Furthermore, the building approvals Ratio is at a favourable low of 0.0% signalling no surge in supply of dwelling stock for houses.

    The demand side presents further interesting insights. The houses stay on market for 232 days slightly indicating towards a lower demand. However, the suburb experiences a favourable vacancy rate of 1.52% combined for both houses and units, suggesting a high occupancy and demand. Boosting its attractiveness for investment, the buy search index for houses is high at 6, indicating a high demand in ELANORA HEIGHTS.

    While some metrics might slightly lean towards the unfavourable side, the overall real estate environment in ELANORA HEIGHTS offers promising opportunities for savvy investors. It’s important to monitor the trends and changes in these metrics continually for the best real estate investment decisions. Make use of tools like HtAG Analytics’ Relative Composite Score (RCS) for an automated and comprehensive assessment of the market using over 80 metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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