Erskine, WA 6210: Suburb Profile & Property Report

Market Report

House report
Unit Report

Erskine has 135 houses available for sale. The median property price for a house is currently $645,000 with annual capital growth of 28.04% . There were 142 house sales in the past 12 months. On average, houses spend 10 days on market.

If you're thinking about buying an investment property in Erskine, consider that rental yields for houses are currently 4.81% with an average median rent of $600 weekly. Houses have seen 5.79% growth in the past quarter, and 28.04% growth in the past 12 months.

The size of Erskine is approximately 8.3 square kilometres. It has 13 parks covering nearly 11.2% of total area. The population of Erskine in 2011 was 4,100 people. By 2016 the population was 4,650 showing a population growth of 13.4% in the area during that time. The predominant age group in Erskine is 70-79 years.

Households in Erskine are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Erskine work in a trades occupation. In 2011, 65.8% of the homes in Erskine were owner-occupied compared with 69.5% in 2016.

Erskine has 35 units available for sale. The median property price for a unit is currently $502,500 with annual capital growth of 21.08% . There were 30 unit sales in the past 12 months. On average, units spend 14 days on market.

If you're thinking about buying an investment property in Erskine, consider that rental yields for units are currently 5.63% with an average median rent of $520 weekly. Units have seen 11.67% growth in the past quarter, and 21.08% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$645,000	$502,500
Quarterly growth	+5.79%	+11.67%
12-month growth	+28.04%	+21.08%
Average annual growth	+11.76%	+11.99%
Weekly median rent	$600	$520
Gross rental yield	4.81%	5.63%
Number of Sales (12m)	142	30
Avg. Days on Market (12m)	10	14

Jump to Market Trends

Key Demographics	2011	2016
Total population	4,100	4,650
Population change (5y)	+32.34%	+13.40%
Median household income (p/w)	$826	$928
Household income change (5y)	+1.47%	+12.35%
Median age of persons	54	59

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Erskine is $645,000 for houses and $502,500 for units.

The Median Growth in Erskine over the past 12 months is 28.04% for houses and 21.08% for units.

Over the past 12 months there were 142 houses sold and 30 units sold in Erskine. On average, houses spent 10 days on market and units spent 14 days on market.

In the past 12 months up to August 2024 there were 142 houses sold and 30 units sold in Erskine. On average, houses spent 10 days on market and units spent 14 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Erskine is $600 for houses and $520 for units.

The Rental Yield in Erskine is 4.81% for houses and 5.63% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Erskine was 4,650 in 2016, a +13.40% change compared to 2011.

The predominant age group in Erskine is 70-79 years.

The population of Erskine was 4,650 in 2016, a +13.40% change compared to 2011.

The predominant age group in Erskine is 60-69 years.

Most of the population in Erskine were born in Australia.

Most of the population in Erskine report their religion as No Religion.

Most of the population in Erskine report their religion as Anglican.

Most of the population in Erskine report their income range as between $33,000 and $52,000 .

The median household income in Erskine was $928 in 2016, a +12.35% change compared to 2011.

Most of the population in Erskine report their income range as between $15,000 and $31,000 .

The median household income in Erskine was $826 in 2011, a +1.47% change compared to 2006.

Most of the population in Erskine work as Trades.

The chart below demonstrates the various levels of education in Erskine.

Most of the population in Erskine reached a qualification level of Certificate.

2011 2016

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