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Erowal Bay
NSW, 2540 - Shoalhaven

Thinking about buying in Erowal Bay? Now could not be a better time, with 520 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $790,000 with prices in this suburb ranging from $44,000 to $4,074,000. Erowal Bay is located fairly close to the coast at just 1Km 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 $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Erowal Bay Real Estate Market Outlook

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.

Properties for sale Erowal Bay

At Realty 3 KALLAROO RD, EROWAL BAY, NSW, 2540 Beds4 Bathrooms2 Parking 4 $1,200,000 - $1,250,000
Belle Property 32 KILLARNEY RD, EROWAL BAY, NSW, 2540 Beds4 Bathrooms3 Parking 4 $1,560,000
LJ Hooker 85 NAVAL PDE, EROWAL BAY, NSW, 2540 Beds3 Bathrooms2 Parking 2 $1,700,000 - $1,800,000
LJ Hooker 58 KING GEORGE ST, EROWAL BAY, NSW, 2540 Beds3 Bathrooms1 Parking 4 $890,000 - $930,000
LJ Hooker 1 SECOND AV, EROWAL BAY, NSW, 2540 Beds8 Bathrooms4 Parking 2 $1,400,000 Price Guide
OneAgency 37 KILLARNEY RD, EROWAL BAY, NSW, 2540 Beds2 Bathrooms2 Parking 1 Buyers Guide $950,000

Local Schools

Vincentia High School

Sanctuary Point Public School

(While the above schools are located with the suburb of Erowal Bay 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.

Erowal Bay 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
Jan2.719.225.465.889.84.822.9
Feb4.419.024.866.989.34.619.3
Mar4.518.224.162.287.54.816.1
Apr2.715.522.256.984.44.114.2
May1.913.320.052.478.74.411.2
Jun3.411.317.553.477.14.59.0
Jul2.110.217.546.572.64.410.1
Aug2.710.518.044.574.64.812.8
Sept1.512.219.947.380.24.516.6
Oct2.614.021.355.185.24.720.6
Nov2.115.823.156.485.04.622.3
Dec2.417.624.061.685.74.522.4

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

16-07-2024 $97,000 38 KALLAROO RD
28-06-2024 $1,100,000 145 NAVAL PDE
03-04-2024 $362,500 117 NAVAL PDE
05-03-2024 $865,000 114 NAVAL PDE
09-08-2023 $685,000 7 KALLAROO RD
23-06-2023 $1,260,000 21 NAVAL PDE
13-06-2023 $820,000 3 HIGH ST
17-05-2023 $690,000 70 NAVAL PDE
27-02-2023 $2,200,000 149 NAVAL PDE
20-01-2023 $1,320,000 173 NAVAL PDE
17-01-2023 $850,000 42 GRANDVIEW ST
16-12-2022 $960,000 16 GRANDVIEW ST
09-12-2022 $820,000 17 SECOND AVE
26-09-2022 $325,000 47 KING GEORGE ST
05-09-2022 $970,000 84 NAVAL PDE
19-08-2022 $800,000 8 GURUMBI LANE
26-07-2022 $70,000 26 GRANDVIEW ST
11-07-2022 $1,170,000 5 FIRST AVE
17-06-2022 $825,000 79 NAVAL PDE
16-05-2022 $1,985,000 55 NAVAL PDE
21-03-2022 $995,000 38 GRANDVIEW ST
08-02-2022 $1,800,000 66 GRANDVIEW ST
31-01-2022 $940,000 32 FIRST AVE
10-01-2022 $700,000 1 HIGH ST
21-12-2021 $1,450,000 121 NAVAL PDE
17-12-2021 $833,000 41 GRANDVIEW ST
17-12-2021 $1,390,000 181 NAVAL PDE
11-11-2021 $1,650,000 179 NAVAL PDE
29-10-2021 $765,000 4 FIRST AVE
20-09-2021 $796,000 10 KILLARNEY RD
31-08-2021 $831,000 40 KING GEORGE ST
27-08-2021 $780,000 2 KALLAROO RD
27-07-2021 $76,300 2 KILLARNEY RD
02-06-2021 $630,000 18 GRANDVIEW ST
02-06-2021 $650,000 21 FIRST AVE
02-06-2021 $630,000 18 GRANDVIEW ST
02-06-2021 $650,000 21 FIRST AVE
12-05-2021 $850,000 35 SECOND AVE
31-03-2021 $710,000 55 KING GEORGE ST
19-03-2021 $752,500 28 KILLARNEY RD
18-03-2021 $830,000 60 KALLAROO RD
18-03-2021 $5,500 36 KILLARNEY RD
18-03-2021 $830,000 60 KALLAROO RD
18-03-2021 $5,500 36 KILLARNEY RD
05-03-2021 $560,000 7 KALLAROO RD
03-03-2021 $950,000 21 NAVAL PDE
19-02-2021 $375,000 20 KALLAROO RD
12-02-2021 $730,000 19 SECOND AVE
10-02-2021 $580,000 3 GRANDVIEW ST
22-01-2021 $656,000 3 WHARF RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Bream BeachWrights BeachOld Erowal BayHyams BeachVincentiaSanctuary PointWorrowing HeightsSt Georges BasinJervis BayHuskisson

Public Transport


General Points of Interest

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