AREA REPORTS

Ermington

 

 

Suburb Profile

Ermington - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2115

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 34.5% capital gain.

It 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 $1,345,000

The augmented property values in the suburb are trailing behind the territorial average of 4.62% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $550.

Home owners selling their properties and realtors in ERMINGTON usually have to wait an average of 62.5 days days before their assets are lifted off the market.

The NSW suburb ranks 1117th on the list of best yielding suburbs for rental properties in NSW, posting a 2.13% return.

It also places places 688th 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 $1,345,000 $790,000
GROWTH REPORT
Median Quarterly -0.37% -2.2%
Median 12 month 2.05% 6.68%
Median 3 years 34.5% 6.04%
Median 5 years 81.76% 35.04%
10 years average annual 9.9% 5.8%
Weekly media advert. rent $550 $580
Time on Market 62.5 days 66.2 days
Gross Rental Yield Percent 2.13% 3.82%
demographics (median values)
Total Population
10342
Weekly Household Income
1021
Household Size
2.70
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Property investor computing

How property investors can claim $9k in deductions

Claiming tax back can be a tricky minefield to navigate, but one depreciation specialist believes new property investments can hold almost $...

Digital house

The 6 trends evolving the future of housing revealed

The expectations of renters are set to evolve as urban residential design does. Here are what investors need to know about what’s in the p...

New South Wales map pin

Positive signs for Spring NSW market in new data

The warmer weather has driven Sydney vacancy rates down, new data from the Real Estate Institute of NSW reveals. ...

Investment journey

Buyer’s agent shares how his own investment journey began

After getting his tips as a buyer's agent, Smart Property Investment had a chat to Ben Handler about his personal property portfolio and hi...

Empty pocket

First-home buyers ‘hurt’ by tighter lending environment

While experts believe that most property investors will be fine as lending interventions are implemented, first-home buyers could be taking ...

Hand holding Australian dollars

Millions released to first home buyers through new scheme

Over 1,000 requests to access superannuation have been made to the Tax Office by first home buyers, under a scheme first introduced in last ...