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

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Market Report

Erskine has 128 houses available for sale. The median property price for a house is currently 567,500 with annual capital growth of 15.82 . There were 135 house sales in the past 12 months. On average, houses spend 11 days on market.

If you're thinking about buying an investment property in Erskine, consider that rental yields for houses are currently 5.02 with an average median rent of 550 weekly. Houses have seen 7.08 growth in the past quarter, and 15.82 growth in the past 12 months.

The size of Erskine is approximately 8.3 square kilometres. It has 13 parks covering nearly 11.2% of total area. The population of Erskine in 2011 was 4,100 people. By 2016 the population was 4,650 showing a population growth of 13.4% in the area during that time. The predominant age group in Erskine is 70-79 years.

Households in Erskine are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Erskine work in a trades occupation. In 2011, 65.8% of the homes in Erskine were owner-occupied compared with 69.5% in 2016.

Erskine has 31 units available for sale. The median property price for a unit is currently 435,000 with annual capital growth of 23.93 . There were 27 unit sales in the past 12 months. On average, units spend 14 days on market.

If you're thinking about buying an investment property in Erskine, consider that rental yields for units are currently 5.79 with an average median rent of 500 weekly. Units have seen 3.57 growth in the past quarter, and 23.93 growth in the past 12 months.

The size of Erskine is approximately 8.3 square kilometres. It has 13 parks covering nearly 11.2% of total area. The population of Erskine in 2011 was 4,100 people. By 2016 the population was 4,650 showing a population growth of 13.4% in the area during that time. The predominant age group in Erskine is 70-79 years.

Households in Erskine are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Erskine work in a trades occupation. In 2011, 65.8% of the homes in Erskine were owner-occupied compared with 69.5% in 2016.

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Key Market Data House Unit
Median price 567,500 435,000
Quarterly growth +7.08 +3.57
12-month growth +15.82 +23.93
Average annual growth +8.93 +11.23
Weekly median rent 550 500
Gross rental yield 5.02 5.79
Number of Sales (12m) 135 27
Avg. Days on Market (12m) 11 14
Jump to Market Trends
Key Demographics 2011 2016
Total population 4,100 4,650
Population change (5y) +32.34 +13.40
Median household income (p/w) 826 928
Household income change (5y) +1.47 +12.35
Median age of persons 54 59
Jump to Demographics Trends
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