Erica Suburb ProfileVictoria 3825
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Erica has 155 properties. Over the last 5 years, Houses in Erica have seen a 118.91% increase in median value. As at 30 June 2024:
- The median value for Houses in Erica is $470,293 while the median value for Units is $669,820.
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..
Market Insights
Erica Trends for Houses
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Erica Trends for Units
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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
Properties for sale in ERICA 3825
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Last Updated: 31/07/2024
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