Real Estate Erica, VIC, 3825 Baw Baw

Thinking about buying in Erica? Now could not be a better time, with just 234 residential dwellings it's a highly sought after location.

The average property price for this area is $224,000 with prices in this suburb ranging from $86,000 to $376,000.

Distance to the coast is 74 Km.

Instant Valuation

Erica Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Erica driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Erica due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Erica provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Erica to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Erica the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.


Household makeup

Median Weekly Rent $200.00
Median Monthly Mortgage $1092.00
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 44.00
Average Income $784.00
Average Cars Per Dwelling 2.93
Average Properties Within 50M 17.00

Typical Property Prices

2 Bed$309,200
3 Bed$355,000

Housing Stock

Houses for sale Erica

Harcourts 43 SCHOOL RD, ERICA, VIC, 3825 3 1 1 $355,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Erica there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

Erica weather - Average Local Climate by month

Min (°C)
Max (°C)
Min (%)
Max (%)
(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Fixed Wireless


Nearby Suburbs

RawsonJacob CreekCoopers CreekAmorCaringalMoondarraWalhallaBoolaThallooTanjil

Public Transport

Moe - Greater then 10KM Traralgon - Greater then 10KM Walhalla - Less than 10 KM Morwell - Greater then 10KM Trafalgar - Greater then 10KM Yarragon - Greater then 10KM

General Points of Interest

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