Suburb Profile Report for Erowal Bay NSW (2540)

Erowal Bay House: Median price $434,000, Annual capital growth 4.63%, Number of sales 26, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report

NSW has seen average median house prices change by 7.15% which means that Erowal Bay, 2540 has done well for property investors by showing a capital gain of 15.73% over the last year

Erowal Bay,2540 was ranked 872 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Erowal Bay, 2540. Typically our figures indicate that -3.46% is being offered, which puts this NSW suburb at 3434th most discounted overall in Australia.

Property investors should expect to get $370 weekly from the median priced house in this suburb.

HOUSE UNIT
$434,000 N/A
3.09% N/A
15.73% N/A
4.63% N/A
$370 N/A
26 N/A
4.43% N/A
86.47 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Very good (U)
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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
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