Erowal Bay Suburb Profile
New South Wales 2540

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Erowal Bay has 512 properties. Over the last 5 years, Houses in Erowal Bay have seen a 64.58% increase in median value. As at 31 August 2024:

  • The median value for Houses in Erowal Bay is $711,511 while the median value for Units is $501,469.
  • Houses have a median rent of $550.
There are currently 10 properties listed for sale, and 1 property listed for rent in Erowal bay on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Erowal bay.

The size of Erowal Bay is approximately 3.5 square kilometres. It has 2 parks covering nearly 61.6% of total area. The population of Erowal Bay in 2011 was 553 people. By 2016 the population was 623 showing a population growth of 12.7% in the area during that time. The predominant age group in Erowal Bay is 60-69 years. Households in Erowal Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Erowal Bay work in a trades occupation. In 2011, 77.3% of the homes in Erowal Bay were owner-occupied compared with 77.8% in 2016.

Suburb Insights for EROWAL BAY 2540

Market Insights
Erowal Bay Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Erowal Bay Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 623

0-9

 

10%

10-19

 

11%

20-29

 

8%

30-39

 

10%

40-49

 

15%

50-59

 

12%

60-69

 

21%

70-79

 

10%

80-89

 

2%

90-99

 

1%

Household Structure
Occupancy

Last Updated: 05/10/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.