Investment property in Eaglemont has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.24%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Eaglemont has increased when compared to the 5 year average annual rate.
Property buyers and investors in Eaglemont 3084 should be seeing an average reduction in asking price of around -11.69% . This means that Eaglemont is holding prices well when compared to other suburbs in VIC.
Eaglemont is 601th on a list of best yielding suburbs for rents in VIC with a 1.56% return
If you compare the increase in value of investment property in Eaglemont, 3084 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -3.20%.
Eaglemont,3084 has offered an average of -3.20% return per annum in house price rises to property investors over the last three years.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 2.75%, without taking into account capital value appreciation, which has been averaging out at 7.41%.