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Median values are calculated based on data over a 12 month period.

Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government.
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Market Report

Gerroa has 33 houses available for sale. The median property price for a house is currently 2,100,000 with annual capital growth of -23.64 . There were 23 house sales in the past 12 months. On average, houses spend 102 days on market.

If you're thinking about buying an investment property in Gerroa, consider that rental yields for houses are currently 1.95 with an average median rent of 750 weekly. Houses have seen 2.19 growth in the past quarter, and -23.64 growth in the past 12 months.

The size of Gerroa is approximately 9.3 square kilometres. It has 9 parks covering nearly 18.6% of total area. The population of Gerroa in 2011 was 758 people. By 2016 the population was 672 showing a population decline of 11.3% in the area during that time. The predominant age group in Gerroa is 70-79 years.

Households in Gerroa are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gerroa work in a professional occupation. In 2011, 73.2% of the homes in Gerroa were owner-occupied compared with 70.4% in 2016.

Gerroa has 1 unit available for sale. There were 1 unit sales in the past 12 months.

If you're thinking about buying an investment property in Gerroa, consider that rental yields for units are currently 3.23 with an average median rent of 480 weekly.

The size of Gerroa is approximately 9.3 square kilometres. It has 9 parks covering nearly 18.6% of total area. The population of Gerroa in 2011 was 758 people. By 2016 the population was 672 showing a population decline of 11.3% in the area during that time. The predominant age group in Gerroa is 70-79 years.

Households in Gerroa are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gerroa work in a professional occupation. In 2011, 73.2% of the homes in Gerroa were owner-occupied compared with 70.4% in 2016.

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Key Market Data House Unit
Median price 2,100,000
Quarterly growth +2.19
12-month growth -23.64
Average annual growth +13.30
Weekly median rent 750 480
Gross rental yield 1.95 3.23
Number of Sales (12m) 23 1
Avg. Days on Market (12m) 102
Jump to Market Trends
Key Demographics 2011 2016
Total population 758 672
Population change (5y) +58.91 -11.30
Median household income (p/w) 1,178 1,477
Household income change (5y) +40.07 +25.38
Median age of persons 51 52
Jump to Demographics Trends
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Disclaimers

This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode.

The CoreLogic Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.

Contains property sales information provided under licence from the Land and Property Information (“LPI”). RP Data Pty Ltd trading as CoreLogic is authorised as a Property Sales Information provider by the LPI.

Contains property sales information provided under licence from the Land and Property Information (“LPI”). RP Data Pty Ltd trading as CoreLogic is authorised as a Property Sales Information provider by the LPI.

Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/aboutus/thirdpartyrestrictions

Suburb borders rendered using geocodes provided by Openstreetmap.

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