Suburb Profile Report for Erskineville NSW (2043)

Erskineville House: Median price $1,352,500, Annual capital growth 9.39%, Number of sales 58, Weekly median advertised rent $750

Erskineville Unit: Median price $790,000, Annual capital growth 7.23%, Number of sales 139, Weekly median advertised rent $620

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Erskineville, 2043 ranked 321th in NSW when comparing growth in median property values or capital gain over the last 12 months. Erskineville is one of 3163 in our list for NSW

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Erskineville has increased when compared to the 5 year average annual rate.

The most recent median price for Erskineville is $1352500, with sellers offering an average of -1.33% off the asking price.

On average over the past year, suburb has had 4.83 sales per month, which equates to 58 per year.

Situated 4.07km from the CBD, Erskineville is one of Sydney localities in the postcode 2043.

With a capital gain of 8.22% for the last 12 months, Erskineville, 2043 has performed for property investments than its average annual 7.23% property growth over the last 5 years.

The five-year average increase in median property values for Erskineville,2043 has given property investors a potential capital gain of 42.34% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Erskineville, 2043. Typically our figures indicate that -3.40% is being offered, which puts this NSW suburb at 1238th most discounted overall in Australia.

In the last year 139 properties changed hands in Erskineville, which puts it as the 101th most active market in NSW when comparing the number of sales per suburb.

HOUSE UNIT
$1,352,500 $790,000
7.77% -2.47%
12.85% 8.22%
9.39% 7.23%
$750 $620
58 139
2.88% 4.08%
42.76 47.16

Source: CoreLogic

DSR Score for property investment : Above average (H), Very good (U)
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Demographics
Total population 6847
Median household income ($/weekly) 2290
Median age of persons 34
Median housing loan repayment ($/monthly) 2600
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 462 6.7
    25-34 years 2227 32.5
    35-44 years 1641 24.0
    45-54 years 855 12.5
    55-64 years 468 6.8
    Others 1194 17.4
    Age Group
    Census Count Percent(%)
    Not Married 2684 47.2
    Defacto Relationship 1534 27.0
    Registered Married 1472 25.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4377 66.4
    Italy 106 1.6
    Papua New Guinea 294 4.5
    United Kingdom 562 8.5
    Other 373 5.7
    Others 879 13.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 241 3.8
    Christianity 2714 43.2
    Islam 82 1.3
    Judaism 54 0.9
    No Religion 3102 49.4
    Others 89 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 395 13.3
    $2,000-$2,499 314 10.6
    $2,500-$2,999 511 17.3
    $3,000-$3,499 318 10.7
    $4,000 or more 302 10.2
    Others 1122 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3806 64.7
    Employed, worked part-time 870 14.8
    Not in the labour force 838 14.2
    Employed, away from work 207 3.5
    Unemployed, looking for work 165 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 862 17.7
    Professionals 2091 42.8
    Technicians & trades workers 359 7.4
    Community & personal service workers 355 7.3
    Clerical & administrative workers 673 13.8
    Others 540 11.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 239 18.5
    Secondary 140 10.8
    Technical or Further Educational Institution 150 11.6
    University or other Tertiary Institutions 610 47.3
    Other type of educational institution 77 6.0
    Others 75 5.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 3127 47.7
    Semi-detached, row or terrace house, townhouse 3040 46.4
    Separate house 378 5.8
    House or flat attached to a shop, office 13 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1646 51.8
    Being purchased 1119 35.2
    Fully owned 401 12.6
    Other tenure type 14 0.4
    Tenure Type
Census 2011, ABS
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