AREA REPORTS

Eildon

Suburb Profile

Eildon - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3713

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EILDON, 3713 ranks 433rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 16.9% 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 weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $245,500.

The upward trend in home prices in EILDON, 3713 averaged 7.58% per annum over a 3-year period.

Average weekly rents on listings have reached the $250 mark, reflecting a 5.3% increase in returns based on the current median price in EILDON.

An average of 3.33 real estate transactions take place per month in EILDON which translates to 40 per annum.

40 properties were sold in EILDON in 2016, making it the 243rd most active market in VIC based on total real estate transactions.

EILDON, 3713 places 171st 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 $245,500 N/A
GROWTH REPORT
Median Quarterly 3.26% N/A
Median 12 month 16.9% N/A
Median 3 years 22.75% N/A
Median 5 years 11.59% N/A
10 years average annual 5.68% N/A
Weekly media advert. rent $250 N/A
Time on Market 80.2 days N/A
Gross Rental Yield Percent 5.3% N/A
demographics (median values)
Total Population
1182
Weekly Household Income
634.3
Household Size
2.20
demographics
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