Powered by MOMENTUM MEDIA
AREA REPORTS

Old Erowal Bay

Suburb Profile

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

house

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

This number can mean, real estate investors could earn a rental income of $365 based on current median home prices for the suburb.

On average, rents on listings have reached the $365 mark, reflecting a 4.75% increase in returns based on the current median price in OLD EROWAL BAY.

OLD EROWAL BAY, 2540 ranks 1036th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 171st on the list of best yielding suburbs for rental properties in NSW, posting a 4.75% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $400,000 N/A
GROWTH REPORT
Median Quarterly 4.58% N/A
Median 12 month -4.76% N/A
Median 3 years 3.9% N/A
Median 5 years 45.99% N/A
10 years average annual 5.35% N/A
Weekly media advert. rent $365 N/A
Time on Market 109.6 days N/A
Gross Rental Yield Percent 4.75% N/A
demographics (median values)
Total Population
1119
Weekly Household Income
612.7
Household Size
2.50
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

How to win the battle of control with the banks

How to win the battle of control with the banks

Of around 25 million Australians, 2.2 million own one investment property, 460,000 own two, and around 19,000 own more than six. From this...

Melbourne

Property market update: Melbourne, July 2020

Melbourne’s stage 4 restrictions have been weighing heavily on the national economy following the recent COVID-19 outbreak around the worl...

Be alert ‘but not alarmed’ in Qld strata communities: expert

While the Sunshine State has closed its borders to travelers from other states due to the escalation of the COVID-19 pandemic, Archers the S...

Biggest headlines from the week that was

Hot Property: Biggest headlines from the week that was

It’s been an interesting week from an economic standpoint, with COVID-19 placing even more pressure on the Aussie market: Here are the big...

Desirable suburbs now in the discount firing line

Desirable suburbs now in the discount firing line

Property listing prices across NSW and Victoria are trending downwards, with new research showing more and more discounts are on offer acro...

Seller satisfaction rises despite pandemic

Seller satisfaction rises despite pandemic: RateMyAgent survey

Despite an economic downturn brought about by the COVID-19 outbreak, Aussie seller satisfaction continues to increase nationwide – an indi...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.