Property value increases in Eildon have tracked higher than the VIC average of 8.12% over the last 12 months.
While Eildon,3713 ranked number 60th in VIC for increase in median house value (annualised) increase, it is ranked 266th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Eildon, 3713. Typically our figures indicate that -7.22% is being offered, which puts this VIC suburb at 1169th most discounted overall in Australia.
Using the current median advertised rental of $227.5 and the average annual increase in value of a median property of 4.82%, investors should hope to achieve an overall return of 4.99%