Elermore Vale, NSW 2287
Compare Part of Newcastle
115.00 km
Distance from Sydney CBD
29 k
Population
Auction Times
Fri 28 Jun | Auction Time | Agency | |
|---|---|---|---|
 | 2 Farley Close 4 3 4 House | 5:00 PM Fri 28th Jun | TaylorHedley Property |
Median Sale Price
House
-
Updated on Apr 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 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 | $495,000 | +2.6% | $150,000 | $1,565,000 | 67 |
| 2014 | $435,000 | -13.8% | $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 | $855,000 | +5.8% | $605,000 | $1,400,000 | 34 |
Median Sale Price
$820K
Based on 66 recorded sales within the last 12 months
Updated on 26 Jun 2024
Suburb Growth
+7.9%
Current Median Price: $820,000
Previous Median Price: $755,000
Based on 100 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2024)
Price Range Segments (12 months ending May 2024)
Median Weekly Rent Price
House
-
Updated on Apr 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 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 | $800 | 48 |
| 2020 | $475 | +3.2% | $270 | $850 | 46 |
| 2021 | $550 | +13.6% | $350 | $900 | 39 |
| 2022 | $585 | +6.0% | $225 | $1,000 | 46 |
| 2023 | $585 | 0.0% | $235 | $1,100 | 56 |
| 2024 | $550 | -6.4% | $450 | $1,000 | 21 |
Median Rent Price
$580
per week
Based on 48 recorded rent within the last 12 months
Updated on 26 Jun 2024
Rent Price Growth
-0.9%
Current Median Rent: $580
Previous Median Rent: $585
Based on 101 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.7%
Current Median Price: $820,000
Current Median rent: $580
Based on 114 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2024)
Auction Results For Elermore Vale
Houses sold in Last 12 months ends 22 Jun 2024
$830K
Median Sale Price
40%
Clearance Rate
2/5
Sold/Reported
$830K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $800 K - $1 M (Median Price Range) | 1 | |
Similar Suburbs to Elermore Vale 2287
Based on median house sale price sold in last 12 months
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 |