Eagle Point

POSTAL CODE: VIC, 3878

HOUSE

EAGLE POINT ranks 181st in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 8.3% for the past year is lower than average compared to its 52.11% growth within a five-year period.

Also in EAGLE POINT, the median home price is sitting at $541,500, and the average rent at $470, this suggests property owners could potentially earn a 4.51% increase in gross rental yield.

Property investors have seen a 2.36% gain in EAGLE POINT based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 9.68% growth over a ten-year period. It ranks 136th on our list of suburbs that property investors should look into.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$541,500	N/A
Growth Report
Median Quarterly	2.36%	N/A
Median 12 month	8.3%	N/A
Median 3 years	4.13%	N/A
Median 5 years	52.11%	N/A
10 years average annual	9.68%	N/A
Weekly media advert. rent	$470	N/A
Time on Market	94.3 days	N/A
Gross Rental Yield Percent	4.51%	N/A

Demographics (Median Values)*

Total Population 1094

Weekly Household Income 1111

Household Size 2.30

Average Age 56

Monthly Loan Repayment 1300

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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