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Old Erowal Bay
NSW, 2540 - Shoalhaven

Thinking about buying in Old Erowal Bay? Now could not be a better time, with 576 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $615,000 with prices in this suburb ranging from $99,000 to $1,748,000. Old Erowal Bay is located fairly close to the coast at just 2Km 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 $301.00
Median Monthly Mortgage $1296.00
Median Persons Per Bedroom 0.80
Average Household Size 2.50
Average Age 51.00
Average Income $540.00
Average Cars Per Dwelling 1.91
Average Properties Within 50M 8

Housing Stock

Average Property Prices

1 Bed  $512,000
2 Bed  $650,000
3 Bed  $652,000
4 Bed  $799,000
5 Bed  $893,000
6 Bed+$745,000

Old Erowal Bay Real Estate Market Outlook

In Old 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 Old 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 Old 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 Old 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 Old Erowal Bay a better buying opportunity than it may have been in the past.

Houses for sale Old Erowal Bay

OneAgency 40 MACGIBBON PDE, OLD EROWAL BAY, NSW, 2540 Beds4 Bathrooms3 Parking 3 Offers Invited
OneAgency 138 THE WOOL ROAD, OLD EROWAL BAY, NSW, 2540 Beds3 Bathrooms1 Parking 1 $575,000 - $600,000
OneAgency 12 CAULFIELD PDE, OLD EROWAL BAY, NSW, 2540 Beds4 Bathrooms3 Parking 3 $1,650,000
OneAgency 36 MCGOWEN ST, OLD EROWAL BAY, NSW, 2540 Beds3 Bathrooms2 Parking 4 Buyers Guide $699,000
OneAgency 17 HUNT ST, OLD EROWAL BAY, NSW, 2540 Beds0 Bathrooms0 Parking 0 Offers Invited
Ray White 17 ROBERTS ST, OLD EROWAL BAY, NSW, 2540 Beds3 Bathrooms1 Parking 0 549000
Ray White 7 CAULFIELD PDE, OLD EROWAL BAY, NSW, 2540 Beds4 Bathrooms3 Parking 6 830000

Local Schools

Vincentia High School

(While the above schools are located with the suburb of Old 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.

Old 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

30-09-2024 $700,000 13 TIBBLES AVE
18-09-2024 $565,000 42 ROBERTS ST
26-08-2024 $600,000 5 WOODHILL ST
19-08-2024 $620,000 158 THE WOOL ROAD
19-07-2024 $510,000 37 TIBBLES AVE
05-07-2024 $880,000 17 CHRISTIANSEN AVE
02-07-2024 $830,000 26 ROBERTS ST
03-06-2024 $735,000 10 ROBERTS ST
31-05-2024 $1,120,000 48 THE CORONADO
08-05-2024 $1,450,000 19 BETHS ST
26-04-2024 $467,000 91 MACGIBBON PDE
05-04-2024 $635,000 39 ROBERTS ST
21-03-2024 $815,000 17 PRENTICE AVE
20-03-2024 $880,000 78 MACGIBBON PDE
28-02-2024 $830,000 36 CHRISTIANSEN AVE
26-02-2024 $630,000 4 MACGIBBON PDE
06-02-2024 $728,000 46 TIBBLES AVE
29-01-2024 $700,000 75 PRENTICE AVE
24-01-2024 $727,500 2 FITZPATRICK ST
11-01-2024 $700,000 38 PRENTICE AVE
06-12-2023 $900,000 9 SHEERAN ST
16-11-2023 $867,000 5 CAULFIELD PDE
07-11-2023 $642,500 41 PRENTICE AVE
03-11-2023 $514,500 2 CHRISTIANSEN AVE
30-10-2023 $730,000 22 MCGOWEN ST
23-10-2023 $685,000 134 THE WOOL ROAD
20-10-2023 $550,000 23 BLAIR ST
05-10-2023 $590,000 39 CHRISTIANSEN AVE
12-09-2023 $1,300,000 11 PRENTICE AVE
23-08-2023 $750,000 60 THE CORONADO
20-07-2023 $860,000 22 TIBBLES AVE
23-06-2023 $701,000 29 MCGOWEN ST
09-06-2023 $785,000 28 MACGIBBON PDE
02-05-2023 $650,000 51 TIBBLES AVE
05-04-2023 $540,000 8 CHRISTIANSEN AVE
30-03-2023 $425,000 152 THE WOOL ROAD
24-03-2023 $570,000 24 ROBERTS ST
13-03-2023 $700,000 25 CHRISTIANSEN AVE
22-02-2023 $600,000 10 HUNT ST
16-02-2023 $550,000 14 MACGIBBON PDE
25-01-2023 $550,000 30 BLAIR ST
20-01-2023 $670,000 34 TIBBLES AVE
16-12-2022 $237,500 32 MCGOWEN ST
15-12-2022 $730,000 12 HUNT ST
24-11-2022 $630,000 4 MACGIBBON PDE
17-10-2022 $545,000 32 THE CORONADO
18-08-2022 $287,500 132 THE WOOL ROAD
18-07-2022 $655,000 10 FITZPATRICK ST
15-07-2022 $532,750 76 PRENTICE AVE
24-06-2022 $570,000 19 CHRISTIANSEN AVE

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Worrowing HeightsErowal BayVincentiaBream BeachSanctuary PointWrights BeachHyams BeachSt Georges BasinHuskissonMyola

Public Transport


General Points of Interest

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