Suburb Profile Report for Eaglemont VIC (3084)

Eaglemont House: Median price $1,855,500, Annual capital growth 9.35%, Number of sales 44, Weekly median advertised rent $593

Eaglemont Unit: Median price $695,000, Annual capital growth 10.74%, Number of sales 21, Weekly median advertised rent $385

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Eaglemont has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 9.50% to date .

Over the longer term, Eaglemont has seen property prices show investors a 38.47% return over the last 3 years. This is worse than over the last 12 months

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Eaglemont itself are offering an average vendor discount of -9.53% to real estate investors.

Renters in Suburb are facing rents around $7110 per annum or $592.5 every week.

If you compare the increase in value of investment property in Eaglemont, 3084 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -6.23%.

Eaglemont,3084 was ranked 347 in Australia by increase in median property value over the quarter.

HOUSE UNIT
$1,855,500 $695,000
0.30% 3.73%
9.50% -6.23%
9.35% 10.74%
$593 $385
44 21
1.66% 2.88%
90.21 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 3926
Median household income ($/weekly) 2146
Median age of persons 42
Median housing loan repayment ($/monthly) 2167
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 495 12.6
    25-34 years 354 9.0
    35-44 years 469 11.9
    45-54 years 655 16.7
    55-64 years 596 15.2
    Others 1358 34.6
    Age Group
    Census Count Percent(%)
    Registered Married 1707 56.2
    Not Married 1175 38.7
    Defacto Relationship 158 5.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3001 78.5
    Croatia 51 1.3
    Japan 130 3.4
    United Kingdom 168 4.4
    Other 106 2.8
    Others 366 9.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 1.3
    Christianity 2526 69.1
    Hinduism 41 1.1
    Islam 27 0.7
    No Religion 996 27.3
    Others 16 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 134 11.0
    $2,000-$2,499 119 9.8
    $2,500-$2,999 170 13.9
    $3,000-$3,499 133 10.9
    $4,000 or more 161 13.2
    Others 502 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1231 39.5
    Not in the labour force 938 30.1
    Employed, worked part-time 762 24.4
    Employed, away from work 110 3.5
    Unemployed, looking for work 78 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 374 17.8
    Professionals 801 38.2
    Community & personal service workers 144 6.9
    Clerical & administrative workers 293 14.0
    Sales 207 9.9
    Others 277 13.2
    Occupation
    Census Count Percent(%)
    Pre-school 82 7.4
    Infants/Primary 331 29.7
    Secondary 309 27.8
    Technical or Further Educational Institution 61 5.5
    University or other Tertiary Institutions 301 27.0
    Others 29 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3343 88.4
    Flat, unit or apartment 325 8.6
    Semi-detached, row or terrace house, townhouse 113 3.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 645 48.1
    Being purchased 421 31.4
    Rented 273 20.3
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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