Suburb Profile Report for Erina NSW (2250)

Erina House: Median price $810,000, Annual capital growth 7.78%, Number of sales 62, Weekly median advertised rent $485

Erina Unit: Median price $450,140, Annual capital growth 4.53%, Number of sales 24, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Erina, 2250 ranked 437th in NSW when comparing growth in median property values or capital gain over the last 12 months. Erina is one of 3163 in our list for NSW

If we look at median property appreciation over just the last three months, Erina has given property investors a paper return of 5.88%. This puts Suburb as 232 on a list of fastest fasting appreciating suburbs in NSW

Erina2250 is located in NSW which offers an average discount of -5.49% to property investors. Erina itself is showing figures that indicate -4.01% is the average achievable by property buyers investing in the suburb.

Renters in Suburb are facing rents around $5820 per annum or $485 every week.

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 3.36%.

Erina,2250 was ranked 714 in Australia by increase in median property value over the quarter.

Erina2250 is located in NSW which offers an average discount of -4.41% to property investors. Erina itself is showing figures that indicate -1.67% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Erina have been waiting around 43.23 days to sell a property.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 4.53%, investors should hope to achieve an overall return of 4.62%

Metrics i HOUSE UNIT
$810,000 $450,140
5.88% 1.16%
11.42% 3.36%
7.78% 4.53%
$485 $400
62 24
3.11% 4.62%
52.16 43.23

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Erina NSW
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
Chart Table
Recent sales & rentals