Erica Suburb Profile

Victoria 3825

Erica has 155 properties. Over the last 5 years, Houses in Erica have seen a 92.23% increase in median value. As at 31 October 2024:

• The median value for Houses in Erica is $459,846 while the median value for Units is $610,574.

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..