Eynesbury

POSTAL CODE: VIC, 3338
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 1.81% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $702,500

The augmented property values in the suburb are trailing behind the territorial average of 2.91% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $460.

Home owners selling their properties and realtors in EYNESBURY usually have to wait an average of 82.8 days days before their assets are lifted off the market.

The VIC suburb ranks 331st on the list of best yielding suburbs for rental properties in VIC, posting a 3.4% return.

It also places places 552nd in Australia based on median property value growth during the quarter.

Surburb overview

Eynesbury is a master-planned residential community on Melbourne’s south-western fringe, located within the City of Melton, approximately 38 kilometres south-west of Melbourne’s central business district.

Positioned between Melton and Werribee, Eynesbury sits beyond the main urban area and is surrounded by rural land, creating a distinct township environment separated from neighbouring suburbs.

According to the 2021 Census, Eynesbury had a population of 2,417 residents, reflecting steady growth as new housing stages have been completed.

The suburb has been developed around the historic Eynesbury Homestead, a 19th-century pastoral estate that remains a focal point for community and hospitality uses.

Residential development consists primarily of detached dwellings built from the mid-2000s onwards, with streets designed around parklands, wetlands and a central town square.

Local amenities include a primary school, childcare facilities, small retail outlets and community recreation spaces. In contrast, major supermarkets, secondary schools, and medical services are located in Melton, Werribee, or Wyndham Vale.

The Eynesbury Golf Course and surrounding green spaces provide recreational opportunities and contribute to the suburb’s landscape character.

Public transport options within Eynesbury are limited, with most residents reliant on private vehicles, although rail services are available at Wyndham Vale and Melton stations.

Road access to Melbourne and Geelong is provided via Exford Road and connections to the Western Freeway and Princes Freeway.

Eynesbury experiences a temperate climate with warm-to-hot summers and cool winters, typical of Melbourne’s western plains.

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