Suburb Profile Report for Old Erowal Bay NSW (2540)

Old Erowal Bay House: Median price $395,000, Annual capital growth 6.33%, Number of sales 34, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report

With a capital gain of 19.88% for the last 12 months, Old Erowal Bay, 2540 has performed for property investments than its average annual 6.33% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Old Erowal Bay comes in at number 284th in NSW.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.23% offered to property buyers. Sellers in Old Erowal Bay itself are offering an average vendor discount of -3.68% to real estate investors.

Metrics i HOUSE UNIT
$395,000 N/A
3.95% N/A
19.88% N/A
6.33% N/A
$350 N/A
34 N/A
4.61% N/A
61.68 N/A

Source: CoreLogic

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