Suburb Profile Report for Erina NSW (2250)

Erina House: Median price $810,000, Annual capital growth 6.89%, Number of sales 71, Weekly median advertised rent $480

Erina Unit: Median price $445,000, Annual capital growth 4.20%, Number of sales 23, Weekly median advertised rent $425

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Erina, 2250 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 6.58%.

While Erina,2250 ranked number 211th in NSW for increase in median house value (annualised) increase, it is ranked 672th over the last 5 years.

Property buyers and investors in Erina 2250 should be seeing an average reduction in asking price of around -3.52% . This means that Erina is holding prices well when compared to other suburbs in NSW.

At number 692 in a list of fastest selling suburbs, Erina is in the TOP 20% of suburbs in Australia with an average of days on market 53.62 for properties listed there.

With a capital gain of -1.11% for the last 12 months, Erina, 2250 has performed for property investments than its average annual 4.20% property growth over the last 5 years.

Sellers are offering property buyers an average discount of -1.67% to buyers in Erina at the moment, which is less than average for the rest of NSW.

Renters in Suburb are facing rents around $5100 per annum or $425 every week.

Metrics i HOUSE UNIT
$810,000 $445,000
6.58% N/A
6.58% -1.11%
6.89% 4.20%
$480 $425
71 23
3.08% 4.97%
53.62 45.33

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 4633
Median household income ($/weekly) 805
Median age of persons 54
Median housing loan repayment ($/monthly) 1800
Average household size 2.2
  • Census Count Percent(%)
    45-54 years 519 11.2
    55-64 years 470 10.1
    65-74 years 548 11.8
    75-84 years 745 16.1
    85 years and over 542 11.7
    Others 1810 39.1
    Age Group
    Census Count Percent(%)
    Registered Married 1766 52.4
    Not Married 1451 43.1
    Defacto Relationship 153 4.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3533 79.5
    Papua New Guinea 53 1.2
    South Africa 41 0.9
    United Kingdom 437 9.8
    Other 103 2.3
    Others 279 6.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 0.8
    Christianity 3551 83.2
    Islam 25 0.6
    Other Religious Groups 14 0.3
    No Religion 627 14.7
    Others 17 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 178 10.5
    $400-$599 360 21.3
    $600-$799 196 11.6
    $800-$999 173 10.2
    $1,500-$1,999 163 9.6
    Others 621 36.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2013 55.2
    Employed, worked full-time 899 24.6
    Employed, worked part-time 567 15.5
    Unemployed, looking for work 89 2.4
    Employed, away from work 82 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 203 13.1
    Professionals 287 18.6
    Technicians & trades workers 216 14.0
    Clerical & administrative workers 235 15.2
    Sales 208 13.4
    Others 398 25.7
    Occupation
    Census Count Percent(%)
    Pre-school 78 9.2
    Infants/Primary 267 31.4
    Secondary 266 31.3
    Technical or Further Educational Institution 67 7.9
    University or other Tertiary Institutions 152 17.9
    Others 20 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3210 79.5
    Semi-detached, row or terrace house, townhouse 767 19.0
    Flat, unit or apartment 58 1.4
    Caravan, cabin, houseboat 5 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 852 47.6
    Being purchased 462 25.8
    Rented 353 19.7
    Other tenure type 123 6.9
    Tenure Type
Census 2011, ABS
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