Elermore Vale, NSW
FAIR VALUE4,334 sales · 36 years of data · NSW, Australia
Elermore Vale, NSW Property Market Overview
Elermore Vale, NSW, 2287, presents a well-established residential market, situated within the greater Newcastle region. With 36 years of recorded sales data encompassing 4,334 transactions, Elermore Vale provides a substantial dataset for property market analysis. The current median property price across all dwelling types in Elermore Vale is $770,000.
Houses in Elermore Vale command a higher median price of $955,000, while apartments offer a more accessible entry point at $690,000. Elermore Vale's property market demonstrates steady long-term growth, making it a suburb of interest for those tracking historical trends.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for Elermore Vale
Top streets in Elermore Vale, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Smith Rd | $706,250 |
| 2 | Watkins Rd | $787,500 |
| 3 | Croudace Rd | $769,000 |
| 4 | Gemini Ave | $1,175,000 |
... and 105 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Lapwing St | $4,425/m² |
| 2 | Wattlebird Cres | $4,540/m² |
| 3 | Lake Rd | $2,138/m² |
| 4 | Sagittarius Cl | $2,098/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Aries Way | +7.5% |
| 2 | Justin Pde | +8.4% |
| 3 | Chehalis Ave | +7.2% |
| 4 | Cardiff Rd | +7.0% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
| # | Address | Median |
|---|---|---|
| 1 | 47 Smith Rd | $712,500 |
| 2 | 30 Watkins Rd | $790,000 |
| 3 | 189 Lake Rd | $656,750 |
... and 111 more buildings
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full Elermore Vale analysis
109 streets and 115 buildings to explore
Trusted by 100+ property investors across NSW
Nearby Suburbs to Elermore Vale
Elermore Vale at a Glance
Elermore Vale, NSW
Map data © OpenStreetMap contributors
Local Amenities
Living in Elermore Vale, NSW
Elermore Vale offers a relaxed suburban lifestyle with convenient access to essential amenities. Families are drawn to the area due to its proximity to reputable schools such as Elermore Vale Public School and Wallsend South Public School. For shopping, residents often visit Elermore Vale Shopping Centre, which provides a range of retail and service options.
The suburb also boasts several parks and recreational areas, including Elermore Vale Park, offering green spaces for outdoor activities. While Elermore Vale doesn't have a train station within its immediate boundaries, nearby stations like Cardiff and Kotara provide rail access. The community in Elermore Vale is known for its friendly atmosphere and strong sense of local pride, contributing to its appeal as a desirable residential area.
Who Buys in Elermore Vale?
Elermore Vale attracts a diverse range of buyers, including families, first-home buyers, and investors. The median house price of $955,000 appeals to established families seeking larger homes, while the more affordable apartment median of $690,000 provides an entry point for first-home buyers. The 5.7% 10-year CAGR also interests investors looking for steady long-term growth. The strata percentage of 24.2% indicates that a significant portion of the market consists of apartments, which are often favoured by investors and downsizers.
Market Analysis
Currently, the Elermore Vale property market is assessed to be near its long-term trend, indicating fair value. This assessment considers price movements relative to historical performance and broader economic conditions.
Being near its long-term trend suggests that property prices in Elermore Vale are aligned with their expected trajectory based on past performance. While this doesn't preclude future price fluctuations, it implies that the market isn't currently exhibiting significant undervaluation or overvaluation pressures.
Is Elermore Vale a Good Investment?
Elermore Vale's historical growth patterns suggest a stable and consistent property market. With a 10-year CAGR of 5.7% and a full-period CAGR of 6.2%, Elermore Vale has demonstrated reliable capital appreciation over time. The current assessment of the market being near its long-term trend indicates that property prices are currently aligned with their expected trajectory.
Factors that potentially contribute to property values in Elermore Vale include its proximity to Newcastle, access to amenities, and established residential character. While past performance is not indicative of future results, the data suggests that Elermore Vale has historically offered a solid foundation for property value growth.
Elermore Vale Market Outlook
As of early 2026, Elermore Vale's property market is assessed to be near its long-term trend, reflecting fair value. Recent price trends have shown moderate stability, aligning with the overall cycle position. While market conditions can change, Elermore Vale presents a balanced market as of early 2026, without significant signs of overvaluation or undervaluation.
Streets & Location in Elermore Vale, NSW
Elermore Vale, postcode 2287, features a diverse range of residential streets. Based on recorded sales, some of the top streets in Elermore Vale by median price include LAKE RD, JUSTIN PDE, and CAMBRONNE PDE. The suburb comprises a total of 109 streets, contributing to its varied housing landscape. Elermore Vale's location offers a blend of suburban living with accessibility to regional amenities.
Market Dynamics
Property transactions in Elermore Vale typically settle in an average of 55 days. This timeframe reflects the standard processes involved in conveyancing and settlement within the local market. The data does not indicate a high prevalence of quick-flip activity in Elermore Vale, suggesting a focus on longer-term ownership and investment horizons.
Development & Density
Elermore Vale features a mix of housing types, with a total of 115 apartment buildings contributing to its development density. The presence of these apartment buildings alongside traditional houses shapes the overall housing composition of Elermore Vale. The 24.2% strata title percentage reflects the proportion of apartments within the suburb's property landscape, indicating a moderate level of apartment development.
Growth & Property Mix
Elermore Vale has demonstrated consistent capital growth over the long term. The suburb's 10-year Compound Annual Growth Rate (CAGR) stands at 5.7%, while the 20-year CAGR is 4.8%. Over the entire 36-year data period, Elermore Vale has achieved a CAGR of 6.2%. The property mix in Elermore Vale includes both houses and apartments, with apartments comprising 24.2% of the market, as evidenced by strata title percentages.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.