Erowal Bay NSW 2540 — House Prices, Rent & Suburb Profile
Erowal Bay is a suburb in New South Wales (postcode 2540). The median sale price is $930k (+160% since 2013). The median weekly rent is $560/week, a gross rental yield of about 3.1%. It has a population of about 652 (ABS Census 2021).
Median sale price trend
| Year | Median sale price |
|---|---|
| 2019 | $580,000 |
| 2020 | $585,000 |
| 2021 | $770,000 |
| 2022 | $880,000 |
| 2024 | $938,000 |
| 2025 | $930,000 |
Source: NSW Valuer General bulk property sales. Medians shown only where there are enough sales.
Median weekly rent by bedrooms
| Bedrooms | Median weekly rent |
|---|---|
| 2-bedroom | $450 |
| 3-bedroom | $550 |
| 4+ bed | $655 |
Postcode-level median (all property types). Source: NSW DCJ rental bonds.
Housing mix
Predominantly house (92% of recorded sales, most commonly around 700+㎡ land).
Demographics (ABS Census 2021)
- Population: 652
- Median age: 49
- Median weekly household income: $1,407
- Average household size: 2.3
Socio-economic profile (ABS SEIFA 2021)
- IRSAD (relative advantage/disadvantage): score 946 · 28th percentile in Australia
- IEO (education & occupation): score 943 · 32th percentile
Higher score = relatively more advantaged. This is a socio-economic index, not a measure of school or teaching quality. Source: ABS SEIFA 2021 (CC BY).
Transport
Nearest station: Bomaderry (Nowra) Station (train), about 28 km from the suburb centre.
Frequently asked questions
What is the median house price in Erowal Bay?
The median sale price in Erowal Bay NSW 2540 is $930,000, up 160% since 2013. Based on NSW Valuer General sales data.
What is the average weekly rent in Erowal Bay?
The median weekly rent in Erowal Bay (postcode 2540) is $560 per week. Source: NSW DCJ rental bonds.
What is the rental yield in Erowal Bay?
The estimated gross rental yield in Erowal Bay is about 3.1%, based on the median weekly rent relative to the median sale price.
Nearby suburbs
- St Georges Basin 2540
- Hyams Beach 2540
- Old Erowal Bay 2540
- Vincentia 2540
- Sanctuary Point 2540
- Tomerong 2540
- Huskisson 2540
- Sussex Inlet 2540
Explore house prices & rent in suburbs near Erowal Bay. Browse all NSW suburbs →
Prices, rents, school zones, land values and zoning across NSW.
Data: NSW Valuer General (sales & land value), NSW DCJ (rents), ABS Census & SEIFA 2021, TfNSW (transport). Figures are medians and estimates for general information only, not valuations or advice.