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All About Eraring, Lake Macquarie , NSW 2264

Property Market

Median Weekly Rent $434.00
Median Monthly Mortgage $1556.50
Median Persons Per Bedroom 0.75
Average Household Size 2.50
Average Age 43.50
Average Income $724.00
Average Cars Per Dwelling 2.75
Average Properties Within 50M 2

Typical House Prices

2 bed property $4,596,000
3 bed property $1,449,000
4 bed property $2,082,000
5 bed property $1,697,000
6 bed+ property $5,370,000

Typical Homes & Property Types

Average Internet Speeds in Eraring

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Eraring Real Estate Market Outlook

Thinking about buying in Eraring? Now could not be a better time, with just 203 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $4,539,000 with prices in this suburb ranging from $402,000 to $5,370,000. Eraring is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Eraring 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. The slightly lower than average earnings from occupations in Eraring changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. 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 Eraring 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 Eraring a better buying opportunity than it may have been in the past.

Instant Property Valuation

Eraring, located in the picturesque region of Lake Macquarie, NSW, offers a tranquil lifestyle with suburban charm and natural beauty. The housing market in Eraring is characterized by its blend of spacious family homes and picturesque views, often attracting buyers seeking a peaceful, rural atmosphere without being too far from urban conveniences. The area is known for its larger properties that provide ample space for gardens and outdoor living, making it ideal for families and those who cherish outdoor activities. Over recent years, the housing market in Eraring has seen moderate growth, largely due to its appealing location and the broader demand for properties in Lake Macquarie. Prices tend to be more affordable compared to more densely populated city areas, providing good opportunities for both first-time buyers and those looking to upgrade to a larger home.

Living in Eraring means embracing a lifestyle close to nature, with Lake Macquarie offering plenty of recreational activities such as boating, fishing, and hiking. The community is close-knit, and residents often enjoy the benefits of a small-town feel while having access to essential amenities and services in neighboring towns. The area provides a quiet retreat from the hustle and bustle of city life, with local parks and bushland reserves that offer serene environments for relaxation and exploration. For families, there are schools and community facilities within a convenient distance, making it a practical choice for raising children. Though it offers a slower pace of life, Eraring is still accessible to larger hubs like Newcastle and Sydney, which are a drive away for those seeking more extensive shopping, dining, and entertainment options.

Houses for sale in Eraring

Harcourts 21 Border Street, Eraring, NSW, 2264 Beds3 Bathrooms2 Parking 2 $1,500,000 - $1,550,000
Properties for sale in Eraring


Recently Sold Properties

Settlement Date Sale Price Property Address Details
2025-03-18 $1,530,000 21 Border Street Eraring, NSW
2024-12-06 $2,300,000 11 Payten Street Eraring, NSW
2024-10-23 $1,715,000 124 Border Street Eraring, NSW
2024-09-16 $1,900,000 27 Point Piper Road Eraring, NSW
2023-09-13 $1,400,000 1 Short Street Eraring, NSW
2023-01-16 $2,065,000 94 Border Street Eraring, NSW
2022-08-04 $1,825,000 12 Biddulph Street Eraring, NSW
2022-07-21 $2,350,000 1 Payten Street Eraring, NSW
2021-12-17 $3,100,000 9 Rocky Point Road Eraring, NSW
2021-12-17 $1,275,000 4 Awaba Road Eraring, NSW
2021-07-20 $1,505,000 8 Border Street Eraring, NSW
2021-05-27 $310,000 30 Border Street Eraring, NSW
2021-03-16 $1,300,000 12 Biddulph Street Eraring, NSW
2021-02-05 $1,792,000 4 Short Street Eraring, NSW
2021-01-28 $1,525,500 2 Short Street Eraring, NSW
2021-01-14 $2,200,000 5 Macleay Street Eraring, NSW
2020-11-13 $890,000 22 Point Piper Road Eraring, NSW
2020-10-06 $1,550,000 30 Border Street Eraring, NSW
2020-09-18 $2,042,500 43 Payten Street Eraring, NSW
2020-09-18 $6,000,000 7 Foreshore Street Eraring, NSW
2020-07-15 $850,000 27 Point Piper Road Eraring, NSW
2020-04-07 $965,000 23 Point Piper Road Eraring, NSW
2020-01-10 $1,510,000 52 Border Street Eraring, NSW
2018-08-15 $2,500,000 53 Payten Street Eraring, NSW
2017-12-19 $1,900,000 10 Short Street Eraring, NSW
2017-11-15 $1,220,000 16 Payten Street Eraring, NSW
2017-10-20 $815,000 86 Border Street Eraring, NSW
2017-10-13 $1,260,000 5 Foreshore Street Eraring, NSW
2017-10-11 $1,200,000 15 Payten Street Eraring, NSW
2017-10-10 $550,000 21 Border Street Eraring, NSW
2017-05-31 $500,000 21 Border Street Eraring, NSW
2017-05-04 $1,550,000 50 Payten Street Eraring, NSW
2017-05-04 $620,000 15 Border Street Eraring, NSW
2017-04-18 $460,000 7 Border Street Eraring, NSW
2016-11-29 $1,150,000 28 Payten Street Eraring, NSW
2016-11-11 $965,000 17 Wharf Street Eraring, NSW
2016-09-09 $335,000 53 Biddulph Street Eraring, NSW
2016-08-24 $1,290,000 9 Rocky Point Road Eraring, NSW
2016-07-28 $1,390,000 4 Short Street Eraring, NSW
2016-05-16 $610,000 56 Point Piper Road Eraring, NSW
2016-03-23 $610,000 4 Awaba Road Eraring, NSW
2016-01-18 $720,000 104 Border Street Eraring, NSW
2016-01-15 $1,800,000 9 Rocky Point Road Eraring, NSW
2016-01-11 $1,200,000 12 Payten Street Eraring, NSW
2015-06-15 $860,000 102 Border Street Eraring, NSW
2015-04-10 $720,000 74 Border Street Eraring, NSW
2015-03-30 $635,000 34 Border Street Eraring, NSW
2015-01-16 $730,000 2 Macleay Street Eraring, NSW
2014-07-01 $865,000 12 Payten Street Eraring, NSW
2014-06-25 $483,000 14 Payten Street Eraring, NSW

Local Schools

Dora Creek Public School
Heritage College Lake Macquarie

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

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Balmain East 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
Jan2.018.930.148.193.64.624.5
Feb3.318.628.352.794.54.220.7
Mar5.117.426.854.2954.116.6
Apr4.413.724.551.695.83.614.4
May2.610.021.049.393.84.011.3
Jun4.88.718.254.494.24.39.5
Jul2.36.818.346.191.94.510.8
Aug1.86.819.838.591.64.513.7
Sept2.09.423.037.092.54.318.2
Oct2.412.224.841.593.04.421.3
Nov2.515.526.946.893.74.424
Dec2.517.328.247.893.34.624.8

source: Australian Government Bureau of Meteorology


Nearby Suburbs

Dora CreekMyuna BayBalcolynYarrawonga ParkBonnells BaySilverwaterBrightwatersWindermere ParkArcadia ValeMirrabooka

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