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Elong Elong, NSW 2831
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$430,000
market range $400K-$775K
Median Unit
$480,000
Gross Yield (houses)
5.2%
1yr Growth
-
Investment snapshot for Elong Elong
Elong Elong has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Elong Elong market and investor summary
Elong Elong (NSW 2831) runs a median house price of $430K, with houses yielding a gross 5.2%. At 3.0% vacancy, it is a broadly balanced rental market.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.2% does more of the early heavy lifting than capital growth usually would at this price point.
Living in Elong Elong: people, income and schools
Elong Elong is home to around 142 people, a number that has held fairly steady over five years. The median age is 43, skewed a little older, and 79% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $60,000 a year, or roughly $1,150 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to about 7.2 times local household income, in line with much of metropolitan Australia. Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
- Population
- 142
- +1% over 5yr
- Median age
- 43 years
- Median household income
- $60,000/yr
- Households renting
- 23%
- Family households
- 68%
- Socio-economic rank
- 6/10
- ABS advantage index
- Unemployment
- 2.2%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Elong Elong
No properties currently listed in Elong Elong
Search Elong Elong listings →Frequently asked questions about Elong Elong
What should I check before investing in Elong Elong?
Elong Elong has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid house gross rental yield of 5.2%, giving a stronger rent-to-price starting point than many suburbs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Elong Elong?
The median property price in Elong Elong, NSW 2831 is $430K for houses and $480K for units.
What rental yield does Elong Elong show?
The gross rental yield in Elong Elong is 5.2% for houses and 4.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Elong Elong?
The current vacancy rate in Elong Elong is 3.0%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Elong Elong?
Elong Elong has a population of approximately 142 residents, with a median age of 43.
Is Elong Elong affordable to buy in?
A median house in Elong Elong costs about 7.2 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Elong Elong's population growing?
The population of Elong Elong has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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