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Eraring
NSW, 2264 - Lake Macquarie

Thinking about buying in Eraring? Now could not be a better time, with just 203 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $4,539,000 with prices in this suburb ranging from $402,000 to $5,370,000. Eraring is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $434.00
Median Monthly Mortgage $1556.50
Median Persons Per Bedroom 0.75
Average Household Size 2.50
Average Age 43.50
Average Income $724.00
Average Cars Per Dwelling 2.75
Average Properties Within 50M 2

Housing Stock

Average Property Prices

2 Bed  $4,596,000
3 Bed  $1,449,000
4 Bed  $2,082,000
5 Bed  $1,697,000
6 Bed+$5,370,000

Eraring Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Eraring 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. The slightly lower than average earnings from occupations in Eraring changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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 Eraring 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 Eraring a better buying opportunity than it may have been in the past.

Houses for sale Eraring

Harcourts 21 border st, eraring, nsw, 2264 Beds3 Bathrooms2 Parking 2 Under Offer

Local Schools

Dora Creek Public School

Heritage College Lake Macquarie

(While the above schools are located with the suburb of Eraring there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Eraring weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.018.930.148.193.64.624.5
Feb3.318.628.352.794.54.220.7
Mar5.117.426.854.2954.116.6
Apr4.413.724.551.695.83.614.4
May2.610.021.049.393.84.011.3
Jun4.88.718.254.494.24.39.5
Jul2.36.818.346.191.94.510.8
Aug1.86.819.838.591.64.513.7
Sept2.09.423.037.092.54.318.2
Oct2.412.224.841.593.04.421.3
Nov2.515.526.946.893.74.424
Dec2.517.328.247.893.34.624.8

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

06-12-2024 $2,300,000 11 PAYTEN ST
23-10-2024 $1,715,000 124 BORDER ST
16-09-2024 $1,900,000 27 POINT PIPER RD
13-09-2023 $1,400,000 1 SHORT ST
16-01-2023 $2,065,000 94 BORDER ST
04-08-2022 $1,825,000 12 BIDDULPH ST
21-07-2022 $2,350,000 1 PAYTEN ST
17-12-2021 $3,100,000 9 ROCKY POINT RD
17-12-2021 $1,275,000 4 AWABA RD
20-07-2021 $1,505,000 8 BORDER ST
27-05-2021 $310,000 30 BORDER ST
16-03-2021 $1,300,000 12 BIDDULPH ST
05-02-2021 $1,792,000 4 SHORT ST
28-01-2021 $1,525,500 2 SHORT ST
14-01-2021 $2,200,000 5 MACLEAY ST
13-11-2020 $890,000 22 POINT PIPER RD
06-10-2020 $1,550,000 30 BORDER ST
18-09-2020 $2,042,500 43 PAYTEN ST
18-09-2020 $6,000,000 7 FORESHORE ST
15-07-2020 $850,000 27 POINT PIPER RD
07-04-2020 $965,000 23 POINT PIPER RD
10-01-2020 $1,510,000 52 BORDER ST
15-07-2019 $1,600,000 7 PAYTEN ST
15-08-2018 $2,500,000 53 PAYTEN ST
19-12-2017 $1,900,000 10 SHORT ST
15-11-2017 $1,220,000 16 PAYTEN ST
20-10-2017 $815,000 86 BORDER ST
13-10-2017 $1,260,000 5 FORESHORE ST
11-10-2017 $1,200,000 15 PAYTEN ST
10-10-2017 $550,000 21 BORDER ST
31-05-2017 $500,000 21 BORDER ST
04-05-2017 $1,550,000 50 PAYTEN ST
04-05-2017 $620,000 15 BORDER ST
18-04-2017 $460,000 7 BORDER ST
29-11-2016 $1,150,000 28 PAYTEN ST
11-11-2016 $965,000 17 WHARF ST
09-09-2016 $335,000 53 BIDDULPH ST
24-08-2016 $1,290,000 9 ROCKY POINT RD
28-07-2016 $1,390,000 4 SHORT ST
16-05-2016 $610,000 56 POINT PIPER RD
23-03-2016 $610,000 4 AWABA RD
18-01-2016 $720,000 104 BORDER ST
15-01-2016 $1,800,000 9 ROCKY POINT RD
11-01-2016 $1,200,000 12 PAYTEN ST
15-06-2015 $860,000 102 BORDER ST
10-04-2015 $720,000 74 BORDER ST
30-03-2015 $635,000 34 BORDER ST
16-01-2015 $730,000 2 MACLEAY ST
01-07-2014 $865,000 12 PAYTEN ST
25-06-2014 $483,000 14 PAYTEN ST

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Dora CreekMyuna BayBalcolynYarrawonga ParkBonnells BaySilverwaterBrightwatersWindermere ParkArcadia ValeMirrabooka

Public Transport


General Points of Interest

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