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$928,000

Median house

$690,000

Median unit

$720 p/w

House rent

$650 p/w

Unit rent

Elermore Vale · August 2026 · source realestate.com.au

What’s it like to live in Elermore Vale?

Popular with young families, Elermore Vale is a growing suburb with a large push in the development of townhouses and villas.

With plenty of playgrounds, a local shopping centre and adjacent bushland, Elermore Vale offers the best of all worlds.

Elermore Vale features

Sandwiched between Rankin Park and Wallsend, Elermore Vale has a lot going for it, and plenty more within easy driving distance.

The busy Croudace Road goes through the suburb, but the back streets are very client. With ongoing development of a bypass from Lookout Road to the old Jesmond roundabout, the traffic situation should improve very soon.

The Elermore Vale Shopping Centre has many of your everyday needs, including an IGA, bakery, pharmacy, hairdresser and cafe. There’s also a few independent takeaways, but bigger shops and chain brands are close by – in Jesmond, Glendale, Kotara, Wallsend and more. Elermore Vale’s location gives you a foot in many camps, whether you want to get into Newcastle itself, through to Warners Bay or out to Raymond Terrace and beyond.

Either side of the shops are two schools: Elermore Vale Public and South Wallsend Public, the latter going on to Lambton High. These schools, as well as Wallsend Public in close proximity, are a huge draw for families, as are the numerous playgrounds. Walker Fields behind the shops is a large green space with soccer fields, a cricket oval and a skate bowl.

The northern fringes of the suburb back onto bushland separating Elermore Vale from the John Hunter Hospital, with plenty of routes to help you make the most of nature.

The shopping centre on Croudace Road carries about twenty stores including the Ritchies supermarket, which is the practical reason a suburb of townhouses and villas works for people who would rather not drive for the weekly shop.

Still in the band, and it is worth eleven thousand

The townhouse and villa development described above is happening in a suburb whose median sits inside the band where first home buyer help still applies — and, unusually, one where the median edged down rather than up, by 1.8 per cent over the year to August 2026. Elermore Vale reads $928,000, between the $800,000 where the New South Wales exemption ends and the $1,000,000 where the concession does.

Being in the band is worth putting a figure on. An eligible first home buyer pays $25,080 in transfer duty at this median. Anybody else pays $35,947. The concession is worth $10,867, and it grows the further below $1,000,000 a price sits — which is why new attached housing matters here, since it usually comes in under a suburb’s house median.

A fifth of the price is $185,600, making about $221,900 to have ready before any concession is applied, and appreciably less after one is. The unit median is $690,000, back under $800,000 and fully exempt. Try a townhouse price in the stamp duty calculator.