Suburb Profile Report for Old Erowal Bay NSW (2540)

Old Erowal Bay House: Median price $350,000, Annual capital growth 5.11%, Number of sales 29, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Old Erowal Bay, 2540 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.69%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Old Erowal Bay has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Old Erowal Bay are currently offering property investors an average price cut of -4.87% below the asking price at the moment.

Situated 144.66km from the CBD, Old Erowal Bay is one of Shoalhaven localities in the postcode 2540.

HOUSE UNIT
$350,000 N/A
6.06% N/A
7.69% N/A
5.11% N/A
$330 N/A
29 N/A
4.90% N/A
73 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 950
Median household income ($/weekly) 729
Median age of persons 38
Median housing loan repayment ($/monthly) 1170
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 130 13.7
    35-44 years 123 13.0
    45-54 years 144 15.2
    55-64 years 113 11.9
    65-74 years 103 10.9
    Others 335 35.3
    Age Group
    Census Count Percent(%)
    Not Married 318 46.4
    Registered Married 295 43.0
    Defacto Relationship 73 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 782 86.8
    Greece 7 0.8
    Papua New Guinea 20 2.2
    United Kingdom 41 4.6
    Other 10 1.1
    Others 41 4.6
    Country of Birth
    Census Count Percent(%)
    Christianity 651 74.7
    No Religion 210 24.1
    Buddhism 7 0.8
    Other Religious Groups 3 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 36 11.0
    $400-$599 65 19.9
    $600-$799 49 15.0
    $800-$999 43 13.2
    $1,000-$1,249 34 10.4
    Others 99 30.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 326 47.0
    Employed, worked full-time 185 26.7
    Employed, worked part-time 121 17.5
    Unemployed, looking for work 39 5.6
    Employed, away from work 22 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 51 15.6
    Technicians & trades workers 52 16.0
    Community & personal service workers 62 19.0
    Machinery operators & drivers 36 11.0
    Labourers 34 10.4
    Others 91 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 11 5.4
    Infants/Primary 75 36.6
    Secondary 73 35.6
    Technical or Further Educational Institution 29 14.1
    University or other Tertiary Institutions 14 6.8
    Others 3 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 896 99.6
    Semi-detached, row or terrace house, townhouse 4 0.4
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 158 43.8
    Fully owned 111 30.7
    Rented 86 23.8
    Other tenure type 6 1.7
    Tenure Type
Census 2011, ABS
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