Suburb Profile Report for Eagle Point VIC (3878)

Eagle Point House: Median price $255,000, Annual capital growth 2.93%, Number of sales 15, Weekly median advertised rent $283

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

Source: CoreLogic

  • House Report

Giving property investors a a poor capital gain of -23.88% for the last year, Eagle Point, 3878 is the 4121th highest performer in Australia in this respect.

Over the longer term, Eagle Point has seen property prices show investors a 11.35% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Eagle Point 3878 should be seeing an average reduction in asking price of around -8.47% . This means that Eagle Point is holding prices well when compared to other suburbs in VIC.

With the median price for a house in Eagle Point being $255000 and the advertised rent reaching $282.5 the gross rental yield for property investors calculates out to be 5.76%

HOUSE UNIT
$255,000 N/A
21.43% N/A
-23.88% N/A
2.93% N/A
$283 N/A
15 N/A
5.76% N/A
172.33 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 737
Median household income ($/weekly) 896
Median age of persons 55
Median housing loan repayment ($/monthly) 1350
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 70 9.5
    35-44 years 72 9.8
    45-54 years 103 14.0
    55-64 years 162 22.0
    65-74 years 141 19.1
    Others 190 25.7
    Age Group
    Census Count Percent(%)
    Registered Married 319 58.7
    Not Married 165 30.4
    Defacto Relationship 59 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 616 87.0
    Greece 12 1.7
    New Zealand 9 1.3
    Papua New Guinea 10 1.4
    United Kingdom 32 4.5
    Others 29 4.1
    Country of Birth
    Census Count Percent(%)
    Christianity 430 65.6
    No Religion 218 33.3
    Buddhism 4 0.6
    Other Religious Groups 3 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 43 17.1
    $600-$799 33 13.1
    $800-$999 28 11.2
    $1,000-$1,249 20 8.0
    $1,500-$1,999 24 9.6
    Others 103 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 301 49.3
    Employed, worked full-time 157 25.7
    Employed, worked part-time 124 20.3
    Employed, away from work 18 2.9
    Unemployed, looking for work 11 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 29 9.9
    Professionals 62 21.2
    Community & personal service workers 37 12.6
    Clerical & administrative workers 43 14.7
    Sales 46 15.7
    Others 76 25.9
    Occupation
    Census Count Percent(%)
    Pre-school 5 4.2
    Infants/Primary 44 37.0
    Secondary 43 36.1
    Technical or Further Educational Institution 13 10.9
    University or other Tertiary Institutions 10 8.4
    Others 4 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 644 96.8
    Flat, unit or apartment 13 2.0
    Caravan, cabin, houseboat 5 0.8
    Semi-detached, row or terrace house, townhouse 3 0.5
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 147 50.7
    Being purchased 88 30.3
    Rented 51 17.6
    Other tenure type 4 1.4
    Tenure Type
Census 2011, ABS
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