Erakala Suburb Profile
Queensland 4740

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Erakala has 295 properties. Over the last 5 years, Houses in Erakala have seen a 35.49% increase in median value, while Units have seen a 3.75% increase. As at 31 July 2024:

  • The median value for Houses in Erakala is $763,362 while the median value for Units is $831,903.
There are currently 5 properties listed for sale, and no properties listed for rent in Erakala on OnTheHouse. According to CoreLogic's data, 13 properties were sold in the past 12 months in Erakala.

The size of Erakala is approximately 12.4 square kilometres. The population of Erakala in 2011 was 4,633 people. By 2016 the population was 546 showing a population decline of 88.2% in the area during that time. The predominant age group in Erakala is 40-49 years. Households in Erakala are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Erakala work in a trades occupation. In 2011, 77.4% of the homes in Erakala were owner-occupied compared with 89.3% in 2016.

Suburb Insights for ERAKALA 4740

Market Insights
Erakala Trends for Houses
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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.
Erakala 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 546

0-9

 

14%

10-19

 

19%

20-29

 

5%

30-39

 

12%

40-49

 

20%

50-59

 

15%

60-69

 

10%

70-79

 

5%

80-89

 

1%

Household Structure
Occupancy

Last Updated: 08/09/2024

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.