Palm Beach vs Elanora
Elanora (median $1,247,500) is roughly 27% cheaper to buy into than Palm Beach ($1,707,500).
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Palm Beach and Elanora side by side
| Measure | Palm Beach | Elanora |
|---|---|---|
| Price and market | ||
| Median house | $1,707,500 | $1,247,500 |
| Median unit | $967,500 | $740,000 |
| Renting | ||
| House rent | $1100/wk | $1200/wk |
| Unit rent | $850/wk | $525/wk |
| Owner occupied | – | 81.0% |
| Renter occupied | – | 17.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1054 | 1057 |
| Lifestyle and people | ||
| Walk score | 100 | 0 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | – | 12,539 |
| Median age | – | 42 |
| Climate | ||
| Annual rainfall | 1390 mm | 1482 mm |
| Mean max, January | 29.0°C | 28.9°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Palm Beach scores higher on walkability (100/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Elanora (1057) sits above Palm Beach (1054).
- For buyers
- Elanora is the lower entry point at $1,247,500 median, 27% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Elanora offers the higher gross rental yield (5.00% vs 3.35%), favouring cash-flow investors.
- For families
- Elanora edges out on average school ICSEA (1057 vs 1054).
Palm Beach vs Elanora: common questions
Is Palm Beach or Elanora cheaper to buy in?
Elanora has the lower median house price at $1,247,500, roughly 27% below Palm Beach ($1,707,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Palm Beach or Elanora have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Elanora scores 1057 vs 1054 in Palm Beach. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Palm Beach or Elanora?
Palm Beach scores 100/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Palm Beach or Elanora?
Gross rental yield on houses is 5.00% in Elanora vs 3.35% in Palm Beach. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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