Erowal Bay vs Old Erowal Bay.
Comparing two suburbs with median house prices of $930,000 and $685,714. Erowal Bay edges out on more headline metrics in this comparison.
Old Erowal Bay (median $685,714) is roughly 36% cheaper to buy into than Erowal Bay ($930,000). Over the past year, Erowal Bay (+3.3%) ran 7.4 percentage points ahead of Old Erowal Bay (-4.1%) on house-price growth.
Erowal Bay scores higher on walkability (2/100 vs 0/100 ), useful if you're optimising for a car-light household.
For buyers
Old Erowal Bay is the lower entry point at $685,714 median, 36% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Investors face a yield-versus-growth split: Old Erowal Bay delivers the better gross yield (4.63% vs 3.41%), but Erowal Bay has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
For families
School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Common questions
Is Erowal Bay or Old Erowal Bay cheaper to buy in?
Old Erowal Bay has the lower median house price at $685,714, roughly 36% below Erowal Bay ($930,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Erowal Bay or Old Erowal Bay?
Over the past 12 months, Erowal Bay grew +3.3% vs -4.1% in Old Erowal Bay, a gap of 7.4 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Which is more walkable, Erowal Bay or Old Erowal Bay?
Erowal Bay scores 2/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Erowal Bay or Old Erowal Bay?
Gross rental yield on houses is 4.63% in Old Erowal Bay vs 3.41% in Erowal Bay. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
The numbers behind the take
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
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