Elermore Vale Suburb Profile
2023 Suburb Profile: Elermore Vale NSW 2287
Elermore Vale is a picturesque suburb located just 11 kilometres west of the bustling city centre of Newcastle. Nestled in a lush, green landscape on the outskirts of Newcastle, this family-friendly suburb offers a peaceful retreat from the urban hustle and bustle while maintaining convenient access to essential amenities. Elermore Vale offers a strong sense of community and excellent schools and has become a sought-after suburb for families and professionals.
Elermore Vale Property Market Guide
Property Types:
Large single-family homes and houses with granny flats are common in Elermore Vale, with the median bedrooms for freestanding houses being 4. Areas such as the Silver Stream Estate and the Aries Way neighbourhood are dominated by 4 & 5 bedroom homes while the lower lying areas of the suburb consist of older style weatherboard homes most commonly with three bedrooms. The suburb also offers a number of townhouses and villas for a lower maintenance property.
Median Property Value:
The median property value in Elermore Vale is approximately $775,000. Which has grown considerably in the last 5 years.
Rental Prices:
Rental prices in Elermore Vale are generally reasonable, with median rents for houses around $585 per week, and units or apartments typically fetching around $525 per week.
Future Growth Prospects:
Elermore Vale has shown promise for future growth due to its attractive location, family-friendly atmosphere, and access to nearby Newcastle amenities. As Newcastle continues to develop and grow, and the demand for more housing continues, Elermore Vale's is in prime position to reap the rewards of this demand.
Schools
Elermore Vale is home to several reputable schools, including:
Distance to CBD and Closest Beach
Elermore Vale is approximately 11 kilometres (about a 20-minute drive) from the CBD of Newcastle.
One of the nearest beaches to Elermore Vale is Merewether Beach, which is about a 15-minute drive away (20km). Merewether Beach is renowned for its scenic beauty and excellent surf, making it a popular destination for locals.
Local Cafes, Bars, and Restaurants
Elermore Vale offers a variety of dining options, including:
Public Spaces
Elermore Vale provides various public spaces for outdoor activities and relaxation. Some of the popular public spaces in the suburb include:
Elermore Vale, with its tranquil green spaces, educational institutions, and easy access to urban amenities, remains an appealing choice for those seeking a harmonious blend of suburban living and city convenience.
It's important to note that real estate market conditions can change over time, so it's advisable to consult with local real estate professionals or do further research for the most up-to-date information. You can contact us here if you have any questions specific to the local market.