Property investors who have had real estate in Eatons Hill, 4037 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.23%
Eatons Hill,4037 was ranked 2026 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Eatons Hill should be aiming for at least -4.01% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 1.74%, investors should hope to achieve an overall return of 4.33%
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Prices begin to slip
Median house price: $600,000
Three-year growth: 8.1%
Rental yield: 4.3%
The Moreton Bay suburb of Eatons Hill contains large, low-density residential houses on large blocks of land. It underwent development in the 1980s to become a modern area.
Eatons Hill enjoyed growth in recent years, but in the 12 months of August 2018, house prices began to fall by 4% to a median of $600,000. The three months to August continued this trend, with values falling by an additional 1.2%. Nonetheless, there is still demand, as evidenced by the short average time on market (48 days) and the reasonable average discount rate (3.6%).
Among the youth, Eatons Hill is known for the “drapers” – a creek that runs through the suburb. Eatons Hill State School is located here as well. Public transport comes in the form of Brisbane Transport buses that run along routes 338 and 357.