Eatons Hill

POSTAL CODE: QLD, 4037
HOUSE

EATONS HILL, 4037 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling EATONS HILL, 4037 values up and netting property investors a capital gain of 16.53% for the past year.

Investors saw the median home price rise to $1,255,000.

Profits due to an upward trend in home prices in the suburb averaged 12.14% per annum over a 3-year period.

EATONS HILL now ranks at the 664th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in EATONS HILL are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $850 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In EATONS HILL, homes and units usually stay on listing for an average of 33.4 days.

In 2016, 119 properties were sold in EATONS HILL during the past year, making it the 921st most active market in QLD based on total real estate transactions.

Surburb overview

Eatons Hill is a residential suburb located about 20 kilometres northwest of Brisbane’s CBD. It is known for its family-friendly environment and abundant green spaces. The suburb has a population of around 7,965 people, with the predominant age group being 40-49. Most residents are families and professionals, reflecting a mature and established community.

Housing in Eatons Hill primarily consists of detached houses, with the median property price around $990,000. The rental market is also active, with median weekly rents of $705 for houses, yielding a rental return of 3.90%. The suburb’s real estate market has grown steadily in recent years, making it a desirable location for homebuyers and investors.

Eatons Hill is well-serviced by local amenities, including the Eatons Hill Village, which features a variety of retail stores, cafes, and the famous Eatons Hill Hotel, known for its entertainment options. The suburb has excellent educational facilities, including Eatons Hill State School, making it an ideal choice for families with school-aged children.

The area is surrounded by parks and natural reserves, such as the South Pine River and Bunyaville Conservation Park, providing residents with plenty of opportunities for outdoor activities. Public transport options include regular bus services and major roads like South Pine Road, which connect the suburb to Brisbane and other nearby areas.

Overall, Eatons Hill’s peaceful atmosphere, green spaces, and strong community appeal make it a sought-after suburb for families and professionals looking for a balanced lifestyle close to the city.

You’re out of free articles for this month
Loading form...