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Elermore Vale

Suburb Profile

Elermore Vale - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2287

house
unit

Based on its average 5-year and quarterly capital gains ELERMORE VALE, 2287 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that ELERMORE VALE, 2287 obtained a 4.7% growth over a ten-year period. It ranks 1744th on our list of suburbs that property investors should look into.

ELERMORE VALE, 2287 in NSW belongs to the local government area of Newcastle (C).

ELERMORE VALE, 2287 has a capital gain of -8.33% for the past year, which is lower than average compared to its 27.17% growth within a five-year period.

With the median home price in ELERMORE VALE sitting at $550,000, and the average rent at $440, property owners could potentially earn a 4.16% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in ELERMORE VALE are low, as opposed to average gains per annum over the past five years.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $550,000 $453,500
GROWTH REPORT
Median Quarterly -0.18% 10.61%
Median 12 month -8.33% 6.21%
Median 3 years 17.02% 22.57%
Median 5 years 27.17% 36.6%
10 years average annual 4.7% 6.36%
Weekly media advert. rent $440 $404
Time on Market 52.7 days 82.3 days
Gross Rental Yield Percent 4.16% 4.63%
demographics (median values)
Total Population
4732
Weekly Household Income
1082
Household Size
2.80
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