AREA REPORTS

Erowal Bay

NSW/
Erowal bay

Suburb Profile

Erowal Bay - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2540

house
EROWAL BAY ranks 127th in NSW when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 10.2% for the past year is higher than average compared to its 46.34% growth within a five-year period.

Also in EROWAL BAY, the median home price is sitting at $540,000, and the average rent at $360, this suggests property owners could potentially earn a 3.47% increase in gross rental yield.

Property investors have seen a 9.64% gain in EROWAL BAY based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on EROWAL BAY, 2540 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 10.2%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.11% growth over a ten-year period. It ranks 1159th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $540,000 N/A
GROWTH REPORT
Median Quarterly 9.64% N/A
Median 12 month 10.2% N/A
Median 3 years 50% N/A
Median 5 years 46.34% N/A
10 years average annual 5.11% N/A
Weekly media advert. rent $360 N/A
Time on Market 96.5 days N/A
Gross Rental Yield Percent 3.47% N/A
demographics (median values)
Total Population
630
Weekly Household Income
774.2
Household Size
2.40
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

Suburbs

Property investors see reduced competition from FHBers

Recent market conditions have meant first-home buyers have had to bow out of the property game, and are expected to return by the end of 201...

Suburbs

The worst performing suburbs of 2018 revealed

New data has revealed the suburbs that experienced the highest negative growth over 2018. ...

Tax reform gear

Property experts join for round table against ‘train wreck’ tax changes

The Liberal government organised a roundtable with many of Australia’s top property experts to discuss what changes to negative gearing an...

An energy efficient lightbulb

How to add efficiency to your property investment

Property investor Matthew Preston said that being an efficient investor is all about taking small, manageable steps to meet your goals. He s...

Aerial shot of a suburb

‘Prop tech’ to play bigger role in property market this 2019

Based on the current trends in the real estate market, Real Estate Business’ Tim Neary believes that technology in property, or ‘prop te...

Apartment building

‘Great buying opportunities’ for careful investors looking at new-builds

Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...