Suburb data · Gold Coast · QLD 4221

Elanora 4221 property market: price, yield and growth

Elanora, QLD 4221 is rated Prime in Handle's suburb model as at November 2026. The median house is $1,575,000 with a 4.1% gross yield, vacancy is 1.50% against 1.30% across Gold Coast, and values have grown an average 10.3% a year over five years.

PrimeTop 5% of 3,393 suburbsData as at 9 November 2026
$1.57MMedian houseGold Coast median $1.42M
4.1%Gross yield$1200 a week median rent
1.5%VacancyGold Coast 1.3%
+10.3%5-year growth a year+16.7% in the last 12 months
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The numbers

Elanora by the numbers

Every figure below is from the Handle suburb model, refreshed weekly. Gold Coast is the council area.

MetricElanoraGold CoastContext
Median house price$1,575,000$1,420,000 
Median rent$1200 / week +17.1% in 12 months
Gross rental yield4.1%3.8% 
Vacancy rate1.50%1.30%12 homes for rent
Days on market17 days  
Stock on market0.80% 38 listings, 173 sales a year
Months of inventory2.6  
12-month growth+16.7%  
5-year growth (a year)+10.3% +63% cumulative
10-year growth (a year)+9.1%  
2.6 months of stockSells in 17 days

Price growth

A median Elanora house was worth about $965,000 five years ago. Today it is $1,575,000, a +63% change, or 10.3% a year. Over 10 years the average is 9.1% a year, and the last 12 months added +16.7%.

Past growth is not a guide to future growth. It tells you how the suburb has behaved, not what it will do next.

Five years in Elanora
$965KMedian house, 5 years agoDerived from the 5-year growth rate
to
$1.57MMedian house, November 2026+63% over five years

Rental market

The median house in Elanora rents for $1200 a week, a 4.1% gross yield against 3.8% across Gold Coast. Rents have moved +17.1% over the last 12 months, and vacancy sits at 1.50%.

Rent and vacancy
$1200Median weekly rent for a house
4.1%Gross yield, Gold Coast 3.8%
1.5%Vacancy, Gold Coast 1.3%

Supply and demand

There are 38 houses listed for sale against roughly 173 sales a year, which is 2.6 months of stock. Homes take 17 days to sell on average. Low stock and quick sales usually mean buyers are competing for what is listed.

How fast Elanora sells
17daysAverage days on market
2.6mthsMonths of inventory
0.8%Of homes on the market

Who lives in Elanora

Elanora has about 12,539 residents, up 23.1% over 10 years. Median household income is $1,945 a week, 104% of the QLD median. 80% of homes are owner-occupied, and 13% of mortgaged households are in mortgage stress.

The community
$1,945Median household income a week
80%Owner-occupiers
13%Households in mortgage stress
Jobs and infrastructure

Where the jobs and the money are going

Employment across Gold Coast, where 25% of jobs are in government-backed sectors like health, education and public administration, plus 3 tracked infrastructure projects in the area.

Health Care and Social Assistance15.8%
Construction12.0%
Retail Trade10.9%
Accommodation and Food Services9.4%
Education and Training8.7%
Underway · 2028Coomera Connector Stage 1$3.5 billion · Major jobs
Underway · 2028Logan and Gold Coast Faster Rail$5.75 billion · Major jobs
Underway · 2026Gold Coast Light Rail Stage 3$1.2 billion · 780 jobs
PrimeHandle modelNovember 2026
Handle's read

What the data says about Elanora

Of the four signals our model scores, buyer demand and rental return lead for Elanora and price growth trails. A suburb score is where we start, not where we stop: every property still has to pass our 29-check screen and fit your Exit Plan before we buy.

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Data as at 9 November 2026 from SuburbsFinder, ABS Census and public project sources, scored by Handle's suburb model across 3,393 suburbs. Bands: Prime is roughly the top 10%, Strong the next 20%, Watch the next 15%. General information only, not financial advice. Past growth is not a guide to future growth.

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What our clients say

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Questions

Elanora FAQ

Is Elanora a good place to invest in 2026?

Elanora is rated Prime in Handle's suburb model, in the top 5% of 3,393 Australian suburbs as at November 2026. The median house is $1,575,000 with a 4.1% gross yield and 1.50% vacancy. Whether it suits you depends on your borrowing, budget and plan, so we check every property against our 29-point screen before recommending it.

What is the postcode for Elanora?

The postcode for Elanora, QLD is 4221. Elanora is in the Gold Coast local government area, and our data below covers houses in Elanora itself rather than the wider council area.

What is the median house price in Elanora?

The median house price in Elanora, QLD is $1,575,000 as at November 2026, against $1,420,000 across Gold Coast. Values moved +16.7% over the last 12 months and averaged 10.3% a year over five years.

What is the rental yield in Elanora?

A median house in Elanora rents for $1200 a week, a gross rental yield of 4.1%. The Gold Coast median is 3.8%. Rents changed +17.1% over 12 months.

What is the vacancy rate in Elanora?

Vacancy in Elanora is 1.50%, against 1.30% across Gold Coast. That is above the 1.5% line we treat as tight, so tenant demand is steady rather than stretched.

What is driving the Elanora property market?

Employment across Gold Coast is led by health care and social assistance, construction, retail trade, with 25% of jobs in government-backed sectors. Infrastructure in the area includes Coomera Connector Stage 1 and Logan and Gold Coast Faster Rail. Homes sell in about 17 days with 2.6 months of stock.

Keep exploring

Nearby and related

Written by Ahijith (AJ) Chandra, co-founder of Handle Properties. Updated weekly; data as at 9 November 2026. Handle Properties is a licensed buyers agency, not a financial adviser.

Suburb Profile

Suburb profile for,

Elanora, QLD

Located in the dynamic state of QLD (postcode 4221), ELANORA is a vibrant real estate market. This suburb holds a median house price of $1,141,000 and has demonstrated an average buying growth of Up 3.7%. Last month, 53 houses were available, with 177 transactions completed in the past year. Properties spend around 37 days on the market, reflecting the area's demand with 3637 interested buyers. The average rental yield stands at 4.1%, with a weekly median rent of $690 per week and an average rent growth of Up 6.6%. Rental properties usually stay on the market for 15 days. The population in 2016 was 12161, which changed by +4.40% in the past five years. The median weekly household income is $1,424, reflecting an income change of +22.13% over the past five years. Residents have a median age of 43 years, and the suburb has an average annual growth for houses of +11.54%. To fully take advantage of ELANORA's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in ELANORA, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Elanora, QLD

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
QLD
Suburb
ELANORA
Postcode
4221
Median price for all dwellings
$1,141,000
Last 12 months growth return
Up 3.7%
Avg. dwellings for sale in the suburb every month
53
Avg. dwellings sold in the suburb in previous 12 months
177
Avg days on market for a dwelling listing to sell
37 days
Avg. number of people searching in this suburb every month
3637
Avg. rental yield per annum
4.10%
Weekly median rent for all dwellings
$690 per week
Median price for all houses
$1,141,000
Avg. rental yield growth in the previous 12 months
4.10%
Avg. days for a rental listing to find a tennant
15 days
Total suburb population in 2016
12161
Total suburb population change in 5 years up to 2016
4.40%
Avg. household income per week
$1,424
Median age of the population in the suburb
43
Historic avg annual growth return per annum in the suburb
11.54%