Old Erowal Bay

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 $520 based on current median home prices for the suburb.

On average, rents on listings have reached the $520 mark, reflecting a 3.9% increase in returns based on the current median price in OLD EROWAL BAY.

OLD EROWAL BAY, 2540 ranks 1176th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 307th on the list of best yielding suburbs for rental properties in NSW, posting a 3.9% return.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$692,857	N/A
Growth Report
Median Quarterly	0%	N/A
Median 12 month	-3.1%	N/A
Median 3 years	7.42%	N/A
Median 5 years	60.2%	N/A
10 years average annual	9.55%	N/A
Weekly media advert. rent	$520	N/A
Time on Market	148.4 days	N/A
Gross Rental Yield Percent	3.9%	N/A

Demographics (Median Values)*

Total Population 45121

Weekly Household Income 1024

Household Size 2.40

Average Age 48

Monthly Loan Repayment 1517

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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