Suburb Profile Report for Ermington NSW (2115)

Ermington House: Median price $1,300,000, Annual capital growth 10.15%, Number of sales 127, Weekly median advertised rent $550

Ermington Unit: Median price $740,000, Annual capital growth 5.95%, Number of sales 96, Weekly median advertised rent $570

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 10.40% for the last year, Ermington, 2115 is the 1380th highest performer in Australia in this respect.

Across a shorter period, Ermington, 2115 has seen a median price increase of 0.78% over the last quarter.

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 Ermington, 2115. Typically our figures indicate that -5.08% is being offered, which puts this NSW suburb at 2288th most discounted overall in Australia.

At number 1563 in a list of fastest selling suburbs, Ermington is just in the top half of suburbs in Australia with an average of days on market 70.37 for properties listed there.

Property investors should expect to get $550 weekly from the median priced house in this suburb.

At number 1465th in the list of Australian suburbs ordered by increase in median house value over the last year, Ermington, 2115 is in the BOTTOM 20% with a property value increase of -6.33% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Ermington comes in at number 473th in NSW.

Sellers are offering property buyers an average discount of -4.31% to buyers in Ermington at the moment, which is less than average for the rest of NSW.

Metrics i HOUSE UNIT
$1,300,000 $740,000
0.78% -1.40%
10.40% -6.33%
10.15% 5.95%
$550 $570
127 96
2.20% 4.01%
70.37 74.89

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 9469
Median household income ($/weekly) 1294
Median age of persons 38
Median housing loan repayment ($/monthly) 2500
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1150 12.1
    25-34 years 1259 13.3
    35-44 years 1421 15.0
    45-54 years 1325 14.0
    55-64 years 1101 11.6
    Others 3213 33.9
    Age Group
    Census Count Percent(%)
    Registered Married 3582 50.9
    Not Married 3084 43.8
    Defacto Relationship 371 5.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 5638 62.8
    Croatia 471 5.2
    Lebanon 285 3.2
    Malaysia 281 3.1
    Other 609 6.8
    Others 1696 18.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 352 4.0
    Christianity 6251 70.9
    Hinduism 218 2.5
    Islam 453 5.1
    No Religion 1466 16.6
    Others 81 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 280 9.8
    $600-$799 229 8.0
    $1,500-$1,999 358 12.6
    $2,000-$2,499 269 9.5
    $2,500-$2,999 267 9.4
    Others 1442 50.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2859 39.3
    Employed, worked full-time 2757 37.9
    Employed, worked part-time 1137 15.6
    Unemployed, looking for work 273 3.8
    Employed, away from work 251 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 520 12.5
    Professionals 909 21.9
    Technicians & trades workers 606 14.6
    Clerical & administrative workers 733 17.7
    Sales 381 9.2
    Others 999 24.1
    Occupation
    Census Count Percent(%)
    Pre-school 180 8.0
    Infants/Primary 711 31.8
    Secondary 645 28.8
    Technical or Further Educational Institution 235 10.5
    University or other Tertiary Institutions 401 17.9
    Others 65 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6811 76.3
    Semi-detached, row or terrace house, townhouse 1616 18.1
    Flat, unit or apartment 459 5.1
    House or flat attached to a shop, office 35 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1112 35.6
    Being purchased 1108 35.5
    Fully owned 874 28.0
    Other tenure type 27 0.9
    Tenure Type
Census 2011, ABS
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