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Elderslie suburb profile

Elderslie is a charming suburb located in the Macarthur region of New South Wales, offering a blend of rural tranquility and suburban convenience. Situated near Camden, it is known for its picturesque landscapes, family-friendly atmosphere, and strong community spirit. Elderslie features a mix of modern housing developments and established homes, catering to a diverse range of residents. The suburb provides access to quality schools, parks, and local amenities, making it an attractive choice for families and professionals. Its proximity to major transport routes ensures easy connectivity to Sydney and surrounding areas, enhancing its appeal as a desirable place to live.

Elderslie property market performance

Elderslie’s property market has experienced significant growth over the past 12 months, with house values increasing by 14%, resulting in a median house price of $1.25 million. The unit market has remained stagnant, with no sales or price movement, reflecting a focus on houses in the area.

In the last three months, 45 houses have been sold, with a quick median time on market of 23 days, indicating strong demand. The unit market, however, has seen no activity, emphasizing the preference for houses in Elderslie.

Rental prices for houses have risen by 5.7% over the last 12 months, with an average rent of $740. Interestingly, despite no unit sales, unit rents have soared by 31%, reaching an average of $495, suggesting a unique rental market dynamic.

HousesUnits
Median price
Past 3 months
$1.20MN/A
Change in value
Past 12 months
13.1%N/A
Sold
Past 3 months
32N/A
Median days on market
Past 12 months
20N/A
Average rent
Past 12 months
$750$495
Change in rent
Past 12 months
7.1%31.0%

5 year median price trend for houses and units

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Elderslie demographics

Elderslie, located in the Macarthur region of New South Wales, is a suburb that offers a blend of suburban tranquility and family-friendly amenities. With a population of 7,878 and a median age of 34, Elderslie is a community that appeals to young families and professionals seeking a balanced lifestyle. The suburb's proximity to Camden and Narellan provides residents with access to a range of shopping, dining, and recreational options, while still maintaining a peaceful, residential atmosphere.

The housing landscape in Elderslie is characterized by a high rate of home ownership, with 47% of properties owned with a mortgage and 23.3% owned outright. This reflects a stable community where families are investing in their future. The suburb's family-oriented nature is further highlighted by the fact that 50.1% of households are couple families with children, making it an ideal location for those looking to raise a family in a supportive environment.

Elderslie's median total household income of $2,150 per week indicates a relatively affluent community, with residents enjoying a comfortable standard of living. The suburb's educational facilities, parks, and community events contribute to its appeal, fostering a strong sense of community and belonging. With its combination of modern conveniences and a welcoming atmosphere, Elderslie is a suburb that offers both opportunity and a high quality of life for its residents.

Suburbs near Elderslie

Some popular suburbs near Elderslie include:

  • Camden: Known for its historic charm and vibrant community events, Camden is located directly west of Elderslie.
  • Kirkham: Featuring expansive rural properties and a peaceful atmosphere, Kirkham is situated to the northwest of Elderslie.
  • Spring Farm: A rapidly growing suburb with modern amenities and family-friendly parks, Spring Farm lies to the east of Elderslie.
  • Narellan: Known for its bustling shopping centre and recreational facilities, Narellan is located to the northeast of Elderslie.
  • Camden South: Offering a mix of residential and semi-rural living, Camden South is situated to the south of Elderslie.

How does Elderslie compare to nearby suburbs?

  • Median house prices: Elderslie’s median house price is 2.5% higher than Camden’s.
  • House price growth: Over the past 12 months, house prices in Elderslie have grown 3.5% higher than in Spring Farm.
  • Selling speed for houses: Properties in Elderslie are selling 42.9% faster than in Camden.
  • House price growth: Over the past 12 months, house prices in Elderslie have grown 38.3% lower than the average rate of growth across Sydney.

Choose the right real estate agents in Elderslie

There are 62 real estate agents in Elderslie, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 39.3% of all sales in the past year.

Commission rates in Elderslie typically range from 1.63% to 2.66%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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