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Ermington, NSW 2115

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Ermington, NSW 2115 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Ermington, NSW 2115”

  1. The total adult population (15 years or older) of Ermington 2115 NSW is 10,235, with a median age of 37. Of those, 51.52% are married, 11.18% are divorced or separated, 32.74% are single and 4.59% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $9,268. The median monthly mortgage repayment for households in this suburb is $2,600 which is 28.05% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Ermington, postcode 2115, sits within New South Wales and houses approximately 5250 households. As of Q3 2023, Ermington 2115 showcases typical house prices around $1,736,539, coupled with median weekly rent sitting at $635. These figures result in an indicative yield of 1.9%, sitting below the minimum appealing market of 3% yield for cashflow-focused property investors.

    The socio-economic score for the suburb reaches 1046 out of 1217, indicating a favourable outlook with a reasonably well-off population economically and a strong presence of skilled occupations. The renter to owner ratio is 43%, an aspect showcasing a high proportion of renters, which could potentially limit long-term returns and pose specific risks due to the competitive nature of the rental market in this area.

    When considering the unit to houses ratio, it currently sits at 19%, which individually is favourable, supporting the idea of less competition among landlords vying for tenants, thus helping maintain higher rental yields and attract families. The affordability index for houses is measured at 73 years, far surpassing the standard 30-year mortgage, indicating lower affordability in the area.

    In terms of the supply, the stock on market percentage for houses is 0.3%, denoting favourable low supply and the inventory level for houses is just over one month, indicating an attractive market with low supply. building approvals Ratio for houses is 1.08%, demonstrating low supply which is considered desirable.

    The demand metrics paint a promising picture with the days on market for houses being 29, suggesting high demand and the combined houses and units vacancy rate is 1.43%, indicating high demand in the market. However, the buy search index for houses is 4, placing it in the neutral range, neither indicating high nor low demand.

    In summary, it’s crucial for prospective investors to undertake a comprehensive understanding of Ermington’s property market data, given the variations in supply and demand metrics. Remember to watch for emerging trends and how these figures evolve over time. Despite some metrics falling into the unfavourable range, the majority of the factors appear promising. For a more comprehensive approach, consider utilising HtAG Analytics’ Relative Composite Score (RCS), compiling over 80 metrics to assist you in making an informed property investment decision.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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