Erica Suburb Profile
Victoria 3825

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Erica has 156 properties. Over the last 5 years, Houses in Erica have seen a 74.17% increase in median value. As at 30 November 2024:

  • The median value for Houses in Erica is $430,769 while the median value for Units is $638,048.
There are currently 6 properties listed for sale, and no properties listed for rent in Erica on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Erica.

The size of Erica is approximately 14.3 square kilometres. It has 1 park covering nearly 42.3% of total area. The population of Erica in 2011 was 324 people. By 2016 the population was 186 showing a population decline of 42.6% in the area during that time. The predominant age group in Erica is 60-69 years. Households in Erica are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Erica work in a trades occupation. In 2011, 80.5% of the homes in Erica were owner-occupied compared with 80.8% in 2016..

Suburb Insights for ERICA 3825

Market Insights
Erica Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Erica Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 186

0-9

 

11%

10-19

 

13%

20-29

 

3%

30-39

 

9%

40-49

 

14%

50-59

 

17%

60-69

 

18%

70-79

 

10%

80-89

 

3%

Household Structure
Occupancy

Last Updated: 22/12/2024

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.