Suburb Profile Report for Ermington NSW (2115)

Ermington House: Median price $1,180,000, Annual capital growth 9.46%, Number of sales 136, Weekly median advertised rent $520

Ermington Unit: Median price $817,000, Annual capital growth 8.52%, Number of sales 42, Weekly median advertised rent $580

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a solid capital gain of 12.38% for the last year, Ermington, 2115 is the 757th highest performer in Australia in this respect.

Across a shorter period, Ermington, 2115 has seen a median price increase of 1.29% over the last quarter.

The most recent median price for Ermington is $1180000, with sellers offering an average of -7.12% off the asking price.

Using the current median advertised rental of $520 and the average annual increase in value of a median property of 9.46%, investors should hope to achieve an overall return of 2.29%

NSW has seen average median house prices change by 6.59% which means that Ermington, 2115 has done well for property investors by showing a capital gain of 2.25% over the last year

Taking the average capital gain, or increase in median house value, Ermington,2115 has racked up an average of 2.25% over the period. This ranks it number 297th in the whole country for real estate investors looking at median house price increases.

Ermington2115 is located in NSW which offers an average discount of -4.48% to property investors. Ermington itself is showing figures that indicate -3.20% is the average achievable by property buyers investing in the suburb.

With the median price for a house in Ermington being $817000 and the advertised rent reaching $580 the gross rental yield for property investors calculates out to be 3.69%

HOUSE UNIT
$1,180,000 $817,000
1.29% 3.42%
12.38% 2.25%
9.46% 8.52%
$520 $580
136 42
2.29% 3.69%
76.66 64.26

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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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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Recent sales & rentals