Property investors who have had real estate in Eagle Point, 3878 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -23.13%
Eagle Point,3878 was ranked 275 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Eagle Point should be aiming for at least -7.28% off the asking price, which is the average vendor discount being achieved at the moment.
At number 3603 in a list of fastest selling suburbs, Eagle Point is in the bottom 10% of suburbs in Australia with an average of days on market 148.75 for properties listed there.
With the median price for a house in Eagle Point being $257500 and the advertised rent reaching $282.5 the gross rental yield for property investors calculates out to be 5.70%