Eagle Point

POSTAL CODE: VIC, 3878

HOUSE

EAGLE POINT ranks 310th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 5.11% for the past year is lower than average compared to its 40% growth within a five-year period.

Also in EAGLE POINT, the median home price is sitting at $525,000, and the average rent at $492.5, this suggests property owners could potentially earn a 4.88% increase in gross rental yield.

Property investors have seen a -7.08% drop in EAGLE POINT based on a decrease 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 9.21% growth over a ten-year period. It ranks 442nd 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	$525,000	N/A
Growth Report
Median Quarterly	-7.08%	N/A
Median 12 month	5.11%	N/A
Median 3 years	18.64%	N/A
Median 5 years	40%	N/A
10 years average annual	9.21%	N/A
Weekly media advert. rent	$493	N/A
Time on Market	70.6 days	N/A
Gross Rental Yield Percent	4.88%	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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