Suburb Profile Report for Erskineville NSW (2043)

Erskineville House: Median price $1,350,000, Annual capital growth 9.44%, Number of sales 59, Weekly median advertised rent $750

Erskineville Unit: Median price $761,250, Annual capital growth 6.80%, Number of sales 141, Weekly median advertised rent $630

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Erskineville has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.64%

Erskineville,2043 was ranked 1148 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -1.33% to buyers in Erskineville at the moment, which is less than average for the rest of NSW.

Erskineville is 925th on a list of best yielding suburbs for rents in NSW with a 2.89% return

At number 994th in the list of Australian suburbs ordered by increase in median house value over the last year, Erskineville, 2043 is in the BOTTOM 50% with a property value increase of 0.96% recorded in median house prices.

Over the longer term, Erskineville has seen property prices show investors a 8.75% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -3.40% to buyers in Erskineville at the moment, which is less than average for the rest of NSW.

Property investors should expect to get $630 weekly from the median priced house in this suburb.

HOUSE UNIT
$1,350,000 $761,250
3.17% -3.64%
12.64% 0.96%
9.44% 6.80%
$750 $630
59 141
2.89% 4.30%
42.76 47.16

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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
Chart Table
Recent sales & rentals