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Erskineville

Suburb Profile

Erskineville - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2043

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ERSKINEVILLE, 2043 ranks 440th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 12.17% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,475,000.

The upward trend in home prices in ERSKINEVILLE, 2043 averaged 2.82% per annum over a 3-year period.

Average weekly rents on listings have reached the $795 mark, reflecting a 2.8% increase in returns based on the current median price in ERSKINEVILLE.

An average of 5.33 real estate transactions take place per month in ERSKINEVILLE which translates to 64 per annum.

64 properties were sold in ERSKINEVILLE in 2016, making it the 228th most active market in NSW based on total real estate transactions.

ERSKINEVILLE, 2043 places 40th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,475,000 $900,000
GROWTH REPORT
Median Quarterly 13.9% 2.62%
Median 12 month 12.17% 9.76%
Median 3 years 8.46% 6.13%
Median 5 years 48.24% 22.45%
10 years average annual 8.84% 6.74%
Weekly media advert. rent $795 $650
Time on Market 86.0 days 47.9 days
Gross Rental Yield Percent 2.8% 3.76%
demographics (median values)
Total Population
6556
Weekly Household Income
1668
Household Size
2.10
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