The post-budget guide to commercial property investing

Eildon

POSTAL CODE: VIC, 3713
HOUSE

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 $390,000.

The downward trend in home prices in EILDON, 3713 averaged -4.44% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in EILDON.

An average of 2.25 real estate transactions take place per month in EILDON which translates to 27 per annum.

27 properties were sold in EILDON in 2016, making it the 381st most active market in VIC based on total real estate transactions.

EILDON, 3713 places 103rd in Australia based on median property value growth during the quarter.

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