Elanora Heights NSW Property Investment
Northern Beaches · 2101 · Score: 69/100 · Buy
Elanora Heights Short-Term Rental (Airbnb) Market
Elanora Heights NSW Investment Brief
BUY — 2.9% gross yield on a $2,360,209 median.
THE MARKET
Elanora Heights has compounded at 3.7%/yr over 5 years — a house that cost $1,968,143 in 2021 is worth $2,360,209 today. Properties are sitting on market for 56 days (buyers have negotiating room). At the same growth rate, today's median reaches $2,830,377 by 2031.
- Median house: $2,360,209 | Units: $1,546,035
- Gross yield: 2.9% | Net yield: 1.4%
- 5yr price CAGR: 3.7%/yr | 3yr forecast: 0.4%/yr
- Population: 4,581 | Owner-occupier rate: 66% | Affluence: Very High
- Supply pipeline: Moderate — Development activity consistent with long-term averages
RENTAL SNAPSHOT
- Vacancy: 1.6% (stable) | Rental demand: High
- Median weekly rent: $1,300/wk | Days on market: 56 (worsening)
- Landlord market — rents likely to keep rising.
SHORT-TERM RENTAL
- Median nightly rate: $678/night | Occupancy: 40%
- Estimated annual STR gross: ~$99,024/yr
- vs long-term rent: $67,600/yr (+46% STR premium — factor in higher management costs)
INFRASTRUCTURE & CATALYSTS
- Beaches Link Tunnel (Sydney) (Announced)
- NorthConnex Tunnel (Operational)
- New Intercity Fleet (NSW Trains) (Under Delivery)
- Transport: Standard suburban transport access
BULL CASE
If Elanora Heights maintains 3%+ annual growth and vacancy stays below 1.1%, median prices could reach $2,714,240 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Elanora Heights pull back 10-15% from $2,360,209, with vacancy rising to 2.9% and rental yields softening as tenants gain leverage.
KEY RISKS
- Premium price point limits buyer pool and increases interest rate sensitivity
COMPARABLE MARKETS
- Berala (NSW): $1,695,375 median, 2.3% yield, 5.1% 1yr growth
- Campsie (NSW): $1,865,686 median, 2.3% yield, 1.5% 1yr growth
- Pinkett (NSW): $2,650,000 median, 0.8% yield, 0.0% 1yr growth
THE PLAY
Elanora Heights presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 2.9% and prioritise properties with value-add potential. Consider timing entry around the current recovery phase of the market cycle.
- Entry range: $2,124,188 – $2,596,230
- Minimum gross yield to target: 4.5%
- Watch signal: vacancy staying below 2% and days on market falling below 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
high confidenceBasis: 5yr CAGR 10.3% + 10yr CAGR 10.6%
- +Low rental vacancy (1.6%) — constrained supply
- +Premium transport infrastructure — supports long-term capital growth
- −High supply pipeline (3650 new approvals) — may cap price growth
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-04
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
582
2020
916
2021
734
2022
895
2023
523
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 2101
Decile 9 of 10 — Low disadvantage
Population
19,885
Education (IEO)
9/10
Econ. Resources (IER)
9/10
10-Year Investment Projection
Modelled on Elanora Heights NSW data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $1300/wk median rent for Elanora Heights. Capital growth and rent increase are editable assumptions.
Schools
In your catchment
These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.
Nearby Suburbs
Analyse a Property in Elanora Heights
Get instant STR rules, granny flat feasibility, rental yield, and full investment strategy comparison for any address in Elanora Heights.
Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.