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Investment Property Elermore Vale, NSW, 2287

Suburb Snapshot

Elermore Vale is a suburb in the Newcastle Region of New South Wales. Elermore Vale has a population of 5,522 people and 24.77% of its occupants live in rental accommodation. The median listing price for houses is $850,000 and this has changed -2.97% over the past year and changed 3.03% over 2 years.

The median rent in Elermore Vale for houses is $650 per week and the median rental yield is 3.97%. Stock on the market for houses/townhouses has changed -52.63% compared to last year and the average time to sell a house/townhouse is 106 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Elermore Vale is NA per week, producing a rental yield of NA.

Supply & Demand in Elermore Vale, Newcastle

0.53%

Current vacancy rate


14

Rental stock available


5,522

Population


24.77%

Rental population


1.04%

Current vacancy rate


855

Rental stock available


155,409

Population


31.53%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Elermore Vale, Newcastle

  House Townhouses Units
Median listing price $850,000 $670,000 NA
Median price change - last quarter 0.00% -2.19% NA
Median price change - 1 year -2.97% 3.87% NA
Median price change - 2 years 3.03% 12.60% NA
  House Townhouses Units
Median weekly rent $650 $550 NA
Median yield % 3.97% 4.26% NA
Median rent change - 1 year 10.16% 0.00% NA
  House Units
Previous month sales 7 0
Stock on market previous month 18 1
Stock variance vs. last year -52.63% 100.00%
Average days on market 106 NA

Elermore Vale investment property listings

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