Erowal Bay (2540) median house price & property market
In Erowal Bay (2540), the median house price is $950,000. Prices have grown 5.6% a year over the last five years. Below: price history, sales volume, listing age and demographics for Erowal Bay, in the Shoalhaven LGA — built on NSW Valuer General bulk sales data and SQM Research listings.
Data updated 2026-10-19.
Quarterly medians from NSW Valuer General sales. Latest point is the trailing 12-month median, as in the terminal.
Erowal Bay median house price
- Median house price
- $950,000 (17 sales)
- Median all dwellings
- $950,000 (17 sales)
Erowal Bay price growth (CAGR)
- 1-year CAGR
- 2.2%
- 3-year CAGR
- 4.4%
- 5-year CAGR
- 5.6%
- 10-year CAGR
- 8.1%
Erowal Bay market activity
- Annual sales (last 12mo)
- 18
- Annual sales (5y avg)
- 13
- Median listing age
- 86 days
Erowal Bay demographics & location
- Population (ABS 2021)
- 652
- Population growth 2016-21
- 8.9%
- Median age
- 49
- Median weekly household income
- $1,407
- Median weekly rent
- $370
- Owner-occupier
- 59%
- Rented
- 41%
- Dwelling mix (house / townhouse / unit)
- 99% / 0% / 1%
- SEIFA decile (10 = highest)
- 3
- Distance to Sydney CBD
- 146.0 km
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Frequently asked
What is the median house price in Erowal Bay?
The median house price in Erowal Bay 2540 is $950,000, the median of 17 NSW Valuer General house sales in the 12 months to August 2026.
How much has property grown in Erowal Bay over 5 years?
Compound annual growth (CAGR) for Erowal Bay over the last 5 years is 5.6%.
How many properties sell in Erowal Bay per year?
Around 18 properties sold in Erowal Bay 2540 in the last 12 months.
What is the population of Erowal Bay?
Erowal Bay 2540 has a population of 652 (ABS Census 2021).
How long do properties take to sell in Erowal Bay?
The median listing age (a proxy for days on market) in Erowal Bay 2540 is approximately 86 days, from SQM Research listings data.
Methodology
Medians computed from NSW Valuer General bulk sales data using nearest-month estimation with 3-month smoothing and 3× outlier rejection. CAGRs computed from trailing 12-month medians at each anchor point. The trailing 1–3 months of data are filtered when sale counts fall below typical volumes (settlement-lag handling). Listing age is derived from SQM Research bucketed listing-age data using midpoint medians. Demographics: ABS Census 2021. SEIFA: ABS SEIFA 2021. Full methodology →