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58 King George Street,
Erowal Bay NSW 2540

This property is Off Market

All about Erowal Bay Homes for sale in Erowal Bay


  • The Average property price in this area is $744,610, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 3.21 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About St Georges Basin - Erowal Bay

With an average age of 49, households expect an average monthly mortgage payment of $1,517 or a weekly rent payment of $370. The average family earns a weekly income of $1,575 with a typical household size of 2.3 and a 94.2% employment rate.

In Erowal Bay there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Erowal Bay is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Erowal Bay leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Erowal Bay we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Erowal Bay a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 2058 asthma sufferers and 1170 people living with diabetes. In addition, 1152 people have a heart/vascular condition and 2517 people live with three or more chronic diseases.

A good place to invest in property?

St Georges Basin - Erowal Bay a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

New South Wales State average 59 / 100

Income

06 / 100

31 / 100

Industry

12 / 100

22 / 100

Population

12 / 100

19 / 100

House Prices

38 / 100

60 / 100

Jobs

14 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Vincentia HS Vincentia PS
  • Vincentia High School

    Vincentia, NSW, 2540 State 7-12

  • Tomerong Public School

    Tomerong, NSW, 2540 State K-6

  • Sanctuary Point Public School

    Sanctuary Point, NSW, 2540 State K-6

  • Callala Public School

    Callala Bay, NSW, 2540 State K-6

  • Huskisson Public School

    Huskisson, NSW, 2540 State K-6

  • Vincentia Public School

    Vincentia, NSW, 2540 State K-6

  • Sussex Inlet Public School

    Sussex Inlet, NSW, 2540 State K-6

  • Falls Creek Public School

    Falls Creek, NSW, 2540 State K-6

  • Jervis Bay School

    Jervis Bay, ACT, 2540 Independent K-6

  • St Georges Basin Public School

    Basin View, NSW, 2540 State K-6


Property Story

58 King George Street, Erowal Bay, Nsw, 2540 is a residential property . The estimated distance to the sea is 3.21km and 0.11KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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