Erskineville is a mid-sized suburb in New South Wales within the Sydney local government area (postcode 2043). With a population of 9,657, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $157K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Erskineville is $2.5 million, having surged 28.3% over the past year. Units have a median price of $1.1 million (+1% YoY). The current median weekly rent is $950. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,800.
Erskineville is served by 2 schools, including 2 primary. The average ICSEA score is 1150, which is well above the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Sydney LGA is moderate at 7,409 incidents per 100,000 population.
From an investment perspective, Erskineville offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.6x is considered stretched. House prices have moved +28.3% year-on-year.
Erskineville is a mid-sized suburb in New South Wales within the Sydney local government area (postcode 2043). With a population of 9,657, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $157K per year, with an average household size of 2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Erskineville is $2.5 million, having surged 28.3% over the past year. Units have a median price of $1.1 million (+1% YoY). The current median weekly rent is $950. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,800.
Erskineville is served by 2 schools, including 2 primary. The average ICSEA score is 1150, which is well above the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Sydney LGA is moderate at 7,409 incidents per 100,000 population.
From an investment perspective, Erskineville offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($2.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.6x is considered stretched. House prices have moved +28.3% year-on-year.