Suburb Profile Report for Erowal Bay NSW (2540)

Erowal Bay House: Median price $480,000, Annual capital growth 5.60%, Number of sales 20, Weekly median advertised rent $345

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Erowal Bay, 2540 have given investors a capital gain of 18.15%. This compares very favourably with the 9.74% for NSW as a whole.

Erowal Bay,2540 has offered an average of 18.15% return per annum in house price rises to property investors over the last three years.

Erowal Bay2540 is located in NSW which offers an average discount of -5.35% to property investors. Erowal Bay itself is showing figures that indicate -5.56% is the average achievable by property buyers investing in the suburb.

Renters in Suburb are facing rents around $4140 per annum or $345 every week.

Metrics i HOUSE UNIT
$480,000 N/A
-4.00% N/A
18.15% N/A
5.60% N/A
$345 N/A
20 N/A
3.74% N/A
94.17 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
Find a mortgage broker in Erowal Bay NSW
Demographics
Total population 553
Median household income ($/weekly) 1104
Median age of persons 47
Median housing loan repayment ($/monthly) 1617
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 71 12.9
    35-44 years 70 12.7
    45-54 years 83 15.0
    55-64 years 100 18.1
    65-74 years 76 13.8
    Others 152 27.5
    Age Group
    Census Count Percent(%)
    Registered Married 211 53.8
    Not Married 135 34.4
    Defacto Relationship 46 11.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 464 88.2
    Hong Kong 6 1.1
    Papua New Guinea 7 1.3
    United Kingdom 27 5.1
    Other 10 1.9
    Others 12 2.3
    Country of Birth
    Census Count Percent(%)
    Christianity 384 75.6
    No Religion 121 23.8
    Buddhism 3 0.6
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 20 10.3
    $400-$599 32 16.5
    $1,000-$1,249 24 12.4
    $1,250-$1,499 15 7.7
    $1,500-$1,999 31 16.0
    Others 72 37.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 185 43.0
    Employed, worked full-time 134 31.2
    Employed, worked part-time 80 18.6
    Unemployed, looking for work 24 5.6
    Employed, away from work 7 1.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 30 13.6
    Professionals 54 24.4
    Technicians & trades workers 37 16.7
    Community & personal service workers 27 12.2
    Clerical & administrative workers 26 11.8
    Others 47 21.3
    Occupation
    Census Count Percent(%)
    Pre-school 6 5.3
    Infants/Primary 43 37.7
    Secondary 29 25.4
    Technical or Further Educational Institution 23 20.2
    University or other Tertiary Institutions 10 8.8
    Others 3 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 496 98.4
    Semi-detached, row or terrace house, townhouse 5 1.0
    House or flat attached to a shop, office 3 0.6
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 85 41.7
    Being purchased 75 36.8
    Rented 44 21.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals