Old Erowal Bay Suburb Profile

New South Wales 2540

Old Erowal Bay has 547 properties. Over the last 5 years, Houses in Old Erowal Bay have seen a 56.48% increase in median value. As at 31 October 2024:

• The median value for Houses in Old Erowal Bay is $648,947 while the median value for Units is $612,994.
• Houses have a median rent of $490.

The size of Old Erowal Bay is approximately 0.8 square kilometres. It has 2 parks covering nearly 2.9% of total area. The population of Old Erowal Bay in 2011 was 950 people. By 2016 the population was 1,047 showing a population growth of 10.2% in the area during that time. The predominant age group in Old Erowal Bay is 50-59 years. Households in Old Erowal Bay are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Old Erowal Bay work in a professional occupation. In 2011, 72.2% of the homes in Old Erowal Bay were owner-occupied compared with 68.5% in 2016.