Eurobodalla Shire CouncilEconomic profile
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Eurobodalla Shire

Rental listings

At June 2018, Eurobodalla Shire had a median house rental of $600, $135 higher than the median house rental for New South Wales.

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 2014-2018, Automated Valuation System

Rental listings
Eurobodalla Shire20182014Change
Housing value (at June)Eurobodalla ShireNew South WalesEurobodalla Shire relative to New South WalesEurobodalla ShireNew South WalesEurobodalla Shire relative to New South Wales2014 to 2018
House--------------
First Quartile$390$370+5.4%$300$330-9.1%+$90
Median$600$465+29.0%$390$410-4.9%+$210
Third Quartile$900$620+45.2%$750$560+33.9%+$150
Median Rental Yield5.5%3.5%--5.0%4.4%----
Unit--------------
First Quartile$270$390-30.8%$210$330-36.4%+$60
Median$330$490-32.7%$250$425-41.2%+$80
Third Quartile$465$620-25.0%$360$550-34.5%+$105
Median Rental Yield5.3%4.0%--5.2%4.6%----

Source: Hometrack 2014-2018, Automated Valuation System.

Rental listings, 2018
Rental listings, 2018 Third Quartile, New South Wales: $620 Median, New South Wales: $490 First Quartile, New South Wales: $390 Third Quartile, New South Wales: $620 Median, New South Wales: $465 First Quartile, New South Wales: $370 Third Quartile, Eurobodalla Shire: $465 Median, Eurobodalla Shire: $330 First Quartile, Eurobodalla Shire: $270 Third Quartile, Eurobodalla Shire: $900 Median, Eurobodalla Shire: $600 First Quartile, Eurobodalla Shire: $390
Source: Hometrack 2014-2018, Automated Valuation System
Change in rental listings, 2014 to 2018
Change in rental listings, 2014 to 2018 Third Quartile, New South Wales: $70 Median, New South Wales: $65 First Quartile, New South Wales: $60 Third Quartile, New South Wales: $60 Median, New South Wales: $55 First Quartile, New South Wales: $40 Third Quartile, Eurobodalla Shire: $105 Median, Eurobodalla Shire: $80 First Quartile, Eurobodalla Shire: $60 Third Quartile, Eurobodalla Shire: $150 Median, Eurobodalla Shire: $210 First Quartile, Eurobodalla Shire: $90
Source: Hometrack 2014-2018, Automated Valuation System

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