Suburb Profile Report for Elermore Vale NSW (2287)

Elermore Vale House: Median price $475,000, Annual capital growth 4.08%, Number of sales 87, Weekly median advertised rent $405

Elermore Vale Unit: Median price $330,000, Annual capital growth 3.42%, Number of sales 31, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Elermore Vale has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -5.00% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Elermore Vale comes in at number 1262th in NSW.

Elermore Vale2287 is located in NSW which offers an average discount of -5.49% to property investors. Elermore Vale itself is showing figures that indicate -4.74% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Elermore Vale have been waiting around 58.08 days to sell a property.

Advertised rents are around the $405 mark per week – giving a return of 4.43% based on the median price in Suburb

Giving property investors a a poor capital gain of -10.81% for the last year, Elermore Vale, 2287 is the 1583th highest performer in Australia in this respect.

Over the longer term, Elermore Vale has seen property prices show investors a 11.86% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Elermore Vale 2287 should be seeing an average reduction in asking price of around -2.99% . This means that Elermore Vale is holding prices well when compared to other suburbs in NSW.

Renters in Suburb are facing rents around $4200 per annum or $350 every week.

HOUSE UNIT
$475,000 $330,000
1.06% -8.59%
-5.00% -10.81%
4.08% 3.42%
$405 $350
87 31
4.43% 5.52%
58.08 82.33

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 5186
Median household income ($/weekly) 1212
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 686 13.2
    25-34 years 613 11.8
    35-44 years 653 12.6
    45-54 years 708 13.7
    55-64 years 695 13.4
    Others 1831 35.3
    Age Group
    Census Count Percent(%)
    Registered Married 2090 54.5
    Not Married 1476 38.5
    Defacto Relationship 268 7.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4343 86.9
    Germany 84 1.7
    Indonesia 47 0.9
    United Kingdom 141 2.8
    Other 86 1.7
    Others 297 5.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 0.7
    Christianity 3872 79.5
    Hinduism 48 1.0
    Islam 53 1.1
    No Religion 845 17.3
    Others 23 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 197 11.7
    $600-$799 149 8.8
    $1,000-$1,249 154 9.1
    $1,500-$1,999 206 12.2
    $2,000-$2,499 154 9.1
    Others 824 48.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1468 36.7
    Not in the labour force 1440 36.0
    Employed, worked part-time 815 20.4
    Employed, away from work 142 3.6
    Unemployed, looking for work 131 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 536 22.1
    Technicians & trades workers 370 15.3
    Community & personal service workers 243 10.0
    Clerical & administrative workers 382 15.8
    Sales 243 10.0
    Others 647 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 90 7.2
    Infants/Primary 463 37.0
    Secondary 306 24.4
    Technical or Further Educational Institution 120 9.6
    University or other Tertiary Institutions 240 19.2
    Others 33 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3954 82.0
    Semi-detached, row or terrace house, townhouse 778 16.1
    Flat, unit or apartment 85 1.8
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 651 35.9
    Being purchased 642 35.4
    Rented 507 28.0
    Other tenure type 12 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals