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Investment Property Ermington, NSW, 2115

Suburb Snapshot

Ermington is a suburb in the Parramatta Region of New South Wales. Ermington has a population of 10,739 people and 35.68% of its occupants live in rental accommodation. The median listing price for houses is $1,900,000 and this has changed 2.70% over the past year and changed 15.15% over 2 years.

The median rent in Ermington for houses is $790 per week and the median rental yield is 2.16%. Stock on the market for houses/townhouses has changed -7.84% compared to last year and the average time to sell a house/townhouse is 83 days.The median listing price for units is $700,000 and this has changed 0.35% over the past year. The average unit takes 183 days to sell and the median rent for a unit in Ermington is $680 per week, producing a rental yield of 5.05%.

Supply & Demand in Ermington, Parramatta

1.06%

Current vacancy rate


54

Rental stock available


10,739

Population


35.68%

Rental population


1.64%

Current vacancy rate


1,829

Rental stock available


226,155

Population


37.68%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Ermington, Parramatta

  House Townhouses Units
Median listing price $1,900,000 $1,800,000 $700,000
Median price change - last quarter 0.00% 0.00% -0.08%
Median price change - 1 year 2.70% 8.76% 0.35%
Median price change - 2 years 15.15% 22.03% 0.07%
  House Townhouses Units
Median weekly rent $790 $890 $680
Median yield % 2.16% 2.57% 5.05%
Median rent change - 1 year 5.33% 4.70% 4.61%
  House Units
Previous month sales 15 4
Stock on market previous month 47 26
Stock variance vs. last year -7.84% -3.70%
Average days on market 83 183

Ermington investment property listings

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