OLD EROWAL BAY 2540
State: NSWPosiProp AI Investment Summary
OLD EROWAL BAY (NSW 2540) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.0% and has experienced a 12-month capital growth of Down -2.1%, with a median house buy price of $700,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$633,000
$716,000
$885,000
$700,000
Suburb Market Profile
Last month Old Erowal Bay had 2 properties available for rent and 7 properties for sale. Median sold prices over the last year is $700,000 for houses. If you are looking for an investment property, consider houses in Old Erowal Bay rent out for $510 PW with an annual rental yield of 4.0% and units rent for $520 PW with a rental yield of 4.1%. Old Erowal Bay has seen an annual compound growth rate of -2.1% for houses.