AREA REPORTS

Eaglemont

VIC/
Eaglemont

Suburb Profile

Eaglemont - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3084

house
unit

EAGLEMONT, 3084 ranks 1985th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 4.24% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,955,500.

The upward trend in home prices in EAGLEMONT, 3084 averaged 9.49% per annum over a 3-year period.

Average weekly rents on listings have reached the $605 mark, reflecting a 1.61% increase in returns based on the current median price in EAGLEMONT.

An average of 3.25 real estate transactions take place per month in EAGLEMONT which translates to 39 per annum.

39 properties were sold in EAGLEMONT in 2016, making it the 249th most active market in VIC based on total real estate transactions.

EAGLEMONT, 3084 places 78th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,955,500 $722,000
GROWTH REPORT
Median Quarterly 5.9% -2.43%
Median 12 month 4.24% N/A
Median 3 years 28.48% -6.31%
Median 5 years 49.27% -5%
10 years average annual 5.41% N/A
Weekly media advert. rent $605 $460
Time on Market 36.3 days 0.0 days
Gross Rental Yield Percent 1.61% 3.31%
demographics (median values)
Total Population
3764
Weekly Household Income
1731
Household Size
2.80
demographics
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