Erskineville, NSW
UNDERVALUED9,990 sales · 36 years of data · NSW, Australia
Erskineville, NSW Property Market Overview
Erskineville, a vibrant inner-city suburb of Sydney, New South Wales, offers a diverse property market appealing to a range of buyers. Located just a short distance from the CBD, Erskineville has recorded 9,990 property sales over the past 36 years, providing a substantial dataset for analysis. The current median property price across all dwelling types in Erskineville is $1,190,000.
Erskineville's property landscape is characterised by a mix of houses and apartments, with the current median house price sitting at $1,902,500 and the current median apartment price at $1,050,000. This mix contributes to the suburb's diverse appeal, attracting everyone from young professionals to established families. Erskineville's proximity to the city, coupled with its village-like atmosphere, makes it a highly sought-after location.
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 Erskineville
Top streets in Erskineville, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Amy St | $2,150,000 |
| 2 | Binning St | $2,237,500 |
| 3 | Charles St | $2,420,000 |
| 4 | Malcolm St | $2,332,500 |
... and 92 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 | Malcolm St | $18,185/m² |
| 2 | Charles St | $18,395/m² |
| 3 | Lambert St | $19,895/m² |
| 4 | Binning St | $19,293/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 | John St | +9.0% |
| 2 | Devine St | +6.1% |
| 3 | Amy St | +8.7% |
| 4 | Ashmore St | +6.0% |
... 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 | 2 Pearl St | $1,155,000 |
| 2 | 3 Eve St | $1,220,000 |
| 3 | 1 Pearl St | $1,200,500 |
| 4 | 4 Stovemaker Lane | $1,510,000 |
... and 344 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 Erskineville analysis
96 streets and 348 buildings to explore
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Erskineville at a Glance
Erskineville, NSW
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Local Amenities
Living in Erskineville, NSW
Living in Erskineville offers a vibrant and convenient urban lifestyle. The suburb is well-connected, with Erskineville Station providing easy access to Sydney's CBD and surrounding areas. Families are drawn to the area for its schools, including Erskineville Public School, and its numerous parks and green spaces like Erskineville Oval.
King Street, Newtown, just a short walk away, provides an abundance of shopping, dining, and entertainment options. Erskineville itself has a village-like atmosphere, with a strong sense of community and numerous cafes and restaurants. The suburb's character is defined by its blend of historic buildings and modern developments, creating a unique and appealing environment.
Who Buys in Erskineville?
The buyer profile in Erskineville is diverse, reflecting the suburb's mix of property types and lifestyle offerings. The high strata percentage of 58.8% suggests a significant proportion of apartment buyers, including first-home buyers, young professionals, and investors. The median apartment price of $1,050,000 makes Erskineville relatively accessible compared to some other inner-city suburbs. Families are also attracted to Erskineville, seeking houses with median prices around $1,902,500 and proximity to schools and parks. The historical CAGR figures suggest long-term growth potential, appealing to buyers seeking both lifestyle and potential capital appreciation.
Market Analysis
The Erskineville property market, as of early 2026, is currently positioned below its long-term trend, indicating that it is in undervalued territory within its property cycle. This means that, based on historical data, current property prices in Erskineville are lower than what long-term trends would suggest.
The property cycle reflects the fluctuations in property values over time, and this cycle position provides context for understanding recent price movements. While the exact deviation from the long-term trend is proprietary information, the cycle position indicates a potential discrepancy between current market prices and the suburb's established growth trajectory. Analysing this cycle position, along with other market indicators, can offer insights into the overall health and potential future direction of the Erskineville property market.
Is Erskineville a Good Investment?
Erskineville's historical growth patterns indicate a consistently performing property market. The suburb's full-period CAGR of 6.3% over 36 years demonstrates its long-term value appreciation. The 10-year and 20-year CAGRs of 2.9% and 4.5% respectively provide insight into more recent performance trends.
As of early 2026, the Erskineville property market is positioned below its long-term trend, indicating that it is currently in undervalued territory. This cycle position, combined with the suburb's strong historical growth, suggests potential for future value appreciation. Several factors contribute to Erskineville's appeal, including its proximity to the city, its village-like atmosphere, and its diverse property mix.
Erskineville Market Outlook
As of early 2026, the Erskineville property market is positioned below its long-term trend, indicating undervalued territory. Recent price trends have reflected this cycle position, with potential for price corrections as the market normalises. It will be important to monitor sales volumes and interest rate changes to assess the future direction of the Erskineville market. The suburb's underlying fundamentals, including its location and lifestyle appeal, remain strong. The exact deviation from the long-term trend is proprietary information.
Streets & Location in Erskineville, NSW
Erskineville, postcode 2043, boasts a blend of residential charm and urban convenience. Several streets are particularly notable, with ALBERT ST, PARK ST, and PROSPECT ST exhibiting some of the highest median property prices in the area. With a total of 96 streets, Erskineville offers a variety of residential settings, from quiet laneways to bustling thoroughfares.
Market Dynamics
Transaction patterns in Erskineville reflect a relatively stable market, with properties taking an average of 57 days to settle. This timeframe suggests a balance between buyer demand and seller expectations within the suburb. Investor activity plays a role in the Erskineville market, influenced by the suburb's proximity to the city and its diverse property offerings. The quick-flip percentage is not available.
Development & Density
Erskineville exhibits a moderate level of development density, characterised by a mix of houses and apartment buildings. The suburb is home to 348 apartment buildings, contributing to its diverse housing landscape. The high strata percentage of 58.8% indicates a significant proportion of apartment ownership within Erskineville. This mix of housing types caters to a range of residents, from families seeking houses to individuals and couples preferring apartment living.
Growth & Property Mix
Historically, Erskineville has demonstrated steady property value growth. Over the past 10 years, the suburb has experienced a Compound Annual Growth Rate (CAGR) of 2.9%. Looking further back, the 20-year CAGR for Erskineville is 4.5%. Considering the entire 36-year dataset, the full-period CAGR for Erskineville stands at 6.3%. The property mix in Erskineville is diverse, with a significant proportion of apartments accounting for 58.8% of the market.
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.