Elermore Vale, NSW 2287

Elermore Vale, NSW 2287

Compare Part of Newcastle

115.00 km
Distance from CBD
29 k
Population
Median Sale Price
House
-
Updated on Nov 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Nov 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$387,000
 0.0% $190,000 $3,224,500 32
2010
$410,000
 +5.6% $195,000 $1,335,000 52
2011
$465,000
 +11.8% $240,000 $1,400,000 54
2012
$482,000
 +3.5% $275,000 $1,180,000 70
2013
$499,950
 +3.6% $150,000 $1,565,000 67
2014
$435,000
 -14.9% $155,000 $690,000 45
2015
$505,000
 +13.9% $300,000 $785,000 54
2016
$480,000
 -5.2% $285,000 $820,000 64
2017
$567,000
 +15.3% $339,950 $920,000 55
2018
$590,000
 +3.9% $360,000 $985,000 41
2019
$570,000
 -3.5% $400,000 $898,000 47
2020
$595,000
 +4.2% $345,000 $925,000 50
2021
$755,000
 +21.2% $475,000 $1,501,000 73
2022
$780,000
 +3.2% $415,000 $1,491,000 45
2023
$805,000
 +3.1% $485,000 $2,675,000 47
2024
$880,000
 +8.5% $605,000 $1,400,000 67
2025
$1,615,000
 +45.5% $875,000 $1,615,000 2
Median Sale Price
$885K
Based on 68 recorded sales within the last 12 months
Updated on 16 Jan 2025
Suburb Growth
+9.0%
Current Median Price: $885,000
Previous Median Price: $805,000
Based on 116 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Nov 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$400
 0.0% $250 $600 21
2012
$370
 -8.1% $285 $750 24
2013
$410
 +9.8% $280 $650 53
2014
$380
 -7.9% $265 $595 43
2015
$410
 +7.3% $265 $650 70
2016
$400
 -2.5% $100 $750 64
2017
$440
 +9.1% $270 $740 50
2018
$430
 -2.3% $150 $795 47
2019
$460
 +6.5% $330 $875 48
2020
$480
 +4.2% $270 $850 46
2021
$560
 +14.3% $350 $900 39
2022
$585
 +4.3% $225 $1,000 46
2023
$590
 +0.8% $235 $1,100 56
2024
$650
 +9.2% $250 $1,100 49
2025
-
 - - - -
Median Rent Price
$650
per week
Based on 47 recorded rent within the last 12 months
Updated on 16 Jan 2025
Rent Price Growth
+7.7%
Current Median Rent: $650
Previous Median Rent: $600
Based on 103 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $885,000
Current Median rent: $650
Based on 115 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)

Auction Results For Elermore Vale

Houses sold in Last 12 months ends 11 Jan 2025

$950K

Median Sale Price

75%

Clearance Rate

6/8

Sold/Reported

$1.15M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M 2
$800 K - $1 M
(Median Price Range)		 3
$600 K - $800 K 1

Schools closest to Elermore Vale, NSW 2287

School name Address Type Sector Distance
Elermore Vale Public School JUBILEE RDWallsend 2287 Primary Government 0.5 km
Wallsend South Public School SMITH RDWallsend 2287 Primary Government 0.51 km
Wallsend Public School MARTINDALE STWallsend 2287 Primary Government 0.93 km
Macquarie CollegeTop 100 182-222 LAKE ROADWallsend 2287 Combined Independent 1.4 km
Plattsburg Public School RANCLAUD STWallsend 2287 Primary Government 2.19 km
St Patrick's Primary School MACQUARIE STREETWallsend 2287 Primary Catholic 2.12 km
Heaton Public School JANET STJesmond 2299 Primary Government 2.39 km