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Eurobodalla Shire

Rental listings

At June 2016, the Canberra Region had a median house rental of $600, $240 higher than the median house rental for Regional NSW.

Housing valuation and rental data are a measure of the economic desirability of living in the local area. High and increasing rents are an indication of a strong economy and a desirable area, with access to jobs and services. Units are more commonly rented than houses, and renters tend to be younger than home owners on average. People may rent to be close to employment, entertainment and services, or they may rent while saving to buy a home.

Housing prices often factor in a home ownership premium, but rental costs are a more direct measure of the time-value of living in the area. Increases in rents often have a more direct relationship to employment and demand for housing.

Hometrack 2011-2016, Automated Valuation System

Rental listings
Eurobodalla Shire20162013Change
Housing value (at June)Eurobodalla ShireRegional NSWEurobodalla Shire relative to Regional NSWEurobodalla ShireRegional NSWEurobodalla Shire relative to Regional NSW2013 to 2016
House--------------
First Quartile$380$300+26.7%$348$290+20.0%+$32
Median$600$360+66.7%$550$350+57.1%+$50
Third Quartile$1,000$450+122.2%$1,100$425+158.8%-$100
Median Rental Yield6.6%5.1%--5.0%5.5%----
Unit--------------
First Quartile$245$240+2.1%$230$230+0.0%+$15
Median$300$300+0.0%$275$290-5.2%+$25
Third Quartile$550$380+44.7%$475$360+31.9%+$75
Median Rental Yield6.0%5.2%--5.7%5.7%----

Source: Hometrack 2011-2016, Automated Valuation System.

Rental listings, 2016
Rental listings, 2016 Third Quartile, Regional NSW: $380 Median, Regional NSW: $300 First Quartile, Regional NSW: $240 Third Quartile, Regional NSW: $450 Median, Regional NSW: $360 First Quartile, Regional NSW: $300 Third Quartile, Eurobodalla Shire: $550 Median, Eurobodalla Shire: $300 First Quartile, Eurobodalla Shire: $245 Third Quartile, Eurobodalla Shire: $1,000 Median, Eurobodalla Shire: $600 First Quartile, Eurobodalla Shire: $380
Source: Hometrack 2011-2016, Automated Valuation System
Change in rental listings, 2013 to 2016
Change in rental listings, 2013 to 2016 Third Quartile, Regional NSW: $20 Median, Regional NSW: $10 First Quartile, Regional NSW: $10 Third Quartile, Regional NSW: $25 Median, Regional NSW: $10 First Quartile, Regional NSW: $10 Third Quartile, Eurobodalla Shire: $75 Median, Eurobodalla Shire: $25 First Quartile, Eurobodalla Shire: $15 Third Quartile, Eurobodalla Shire: $-100 Median, Eurobodalla Shire: $50 First Quartile, Eurobodalla Shire: $32
Source: Hometrack 2011-2016, Automated Valuation System

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