Erina has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.41% to date .
The five-year average increase in median property values for Erina,2250 has given property investors a potential capital gain of 90.37% across each of those five years.
Erina2250 is located in NSW which offers an average discount of -5.76% to property investors. Erina itself is showing figures that indicate -4.07% is the average achievable by property buyers investing in the suburb.
Situated 50.12km from the CBD, Erina is one of Gosford localities in the postcode 2250.
Erina, 2250 ranked 56th in NSW when comparing growth in median property values or capital gain over the last 12 months. Erina is one of 3163 in our list for NSW
Across a shorter period, Erina, 2250 has seen a median price increase of 5.29% over the last quarter.
Erina, 2250’s gross rental yield is 3.83%
The suburb of Erina is nestled in the Central Coast region between Gosford and Terrigal. It is considered the commercial heart of Gosford CityFull summary
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No room in commercial centre
Median house price: $810,000
Vacancy rate: 0.6%
Three-year growth: 32.8%
The suburb of Erina is nestled in the Central Coast region between Gosford and Terrigal. It is considered the commercial heart of Gosford City.
Vacancies are at a very tight 0.6%, while house prices have gone up by 8.7% in the 12 months leading to August 2017. Even with the median value coming in at over $800,000, houses are selling at an average discount rate of just 2.9%. Prices remained flat over the August 2017 quarter, but this outcome suggests that Erina is unlikely to go into the red with regard to growth.
The Entrance Road, Karalta Road and Barralong Road house many businesses, and Erina Fair is one of the biggest shopping centres in the country. There are schooling options for families, including Erina High School and Woodport Public School.Close