AREA REPORTS

Erskine Park

Suburb Profile

Erskine Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2759

house

ERSKINE PARK, 2759 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling ERSKINE PARK, 2759 values up and netting property investors a capital gain of 1.33% for the past year.

Investors saw the median home price rise to $760,000.

Profits due to an upward trend in home prices in the suburb averaged 9.6% per annum over a 3-year period.

ERSKINE PARK now ranks at the th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $470 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ERSKINE PARK, homes and units usually stay on listing for an average of 46.8 days.

In 2016, 73 properties were sold in ERSKINE PARK during the past year, making it the 166th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $760,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 1.33% N/A
Median 3 years 28.81% N/A
Median 5 years 70.59% N/A
10 years average annual 7.35% N/A
Weekly media advert. rent $470 N/A
Time on Market 46.8 days N/A
Gross Rental Yield Percent 3.22% N/A
demographics (median values)
Total Population
6917
Weekly Household Income
1523
Household Size
3.60
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

Perth skyline at night

Property market update: Perth, November 2018

The Perth property market continues to show signs of positivity through record high employment levels and low residential vacancy rates, dri...

Sad face complaints

Financial complaints soar as new body opens doors

The new body that fields financial complaints has fielded over 13,000 enquiries in its first month, including those relating to investment p...

Mortgage broker

More than half of all loans go through a broker

With the knowledge that more than half of all loans go through a mortgage broker, what should property investors keep in mind? ...

Sydney Australia

The top 7 Sydney market predictions for 2019

Wondering how the Sydney market will move in 2019? These are the factors to watch, according to a leading real estate CEO. ...

Perth skyline

WA the most affordable state for the quarter

A real estate body in Western Australia is pleased with the results of a nation-wide report for the September quarter that show it to be the...

Question mark

Five questions to ask yourself before seeking professional property advice

Fox and Hare’s Jessica Brady and Glen Hare shares five questions that can help investors get the greatest value out of professional proper...