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Ellen Grove

Real estate profile

Location

16.5 km from CBD.

Features

Acreage homesites, new residential development.

Median Price

REIQ research shows that the median house price in Ellen Grove in 2005 was $285,000.

Median Weekly Rent

Information on the median weekly rent in Ellen Grove in 2007 was not available.

Profile

Ellen Grove is a semi-rural and still developing suburb next door to the planned residential development of Forest Lake and has many opportunities for people interested in acreage lifestyle in a bushscape environment. However, the suburb has seen new residential developments over the last few years.

Buyers - the majority are families - will find a cross section of properties available. Older style lowset fibro and highset brick homes are available around the older parts of the suburb on acreage lots.

For those looking for something more modern, recently built, four-bedroom brick homes are available in areas of the suburb bordering the Forest Lake development.

With limited facilities within Ellen Grove, residents are dependent on the Forest Lake development for schools, retail and some public transport.

According to the 2001 Census there were 3,326 people living in the suburb with a median age of 31. The median individual income was between $400 and $499 per week. Of all occupied private dwellings 69% were either fully owned or being purchased; 27% were being rented.

Source: REIQ

REIQ Copyright 2007. Enquiries about the reproduction of part or all of the information should be directed to the Marketplace Strategy division of the The Real Estate Institute of Qld Ph 3249 7300.

This information has been carefully compiled by the REIQ and is not intended to be treated as a warranty or promise as to the correctness of the information.

More Ellen Grove information

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