Suburb Profile Report for Eatons Hill QLD (4037)

Eatons Hill House: Median price $604,500, Annual capital growth 1.80%, Number of sales 106, Weekly median advertised rent $520

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report

Property investors who have had real estate in Eatons Hill, 4037 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.75%

Over the longer term, Eatons Hill has seen property prices show investors a 3.60% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Eatons Hill is $604500, with sellers offering an average of -4.02% off the asking price.

Information supplied by:


November 2018

M
O

W
E

Prices begin to slip

Postcode: 4037

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.

Metrics i HOUSE UNIT
$604,500 N/A
0.75% N/A
0.75% N/A
1.80% N/A
$520 N/A
106 N/A
4.47% N/A
47.0918367346939 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 7992
Median household income ($/weekly) 2147
Median age of persons 34
Median housing loan repayment ($/monthly) 2167
Average household size 3.3
  • Census Count Percent(%)
    5-14 years 1483 18.6
    15-19 years 716 9.0
    25-34 years 806 10.1
    35-44 years 1610 20.1
    45-54 years 1261 15.8
    Others 2117 26.5
    Age Group
    Census Count Percent(%)
    Registered Married 3464 63.3
    Not Married 1594 29.1
    Defacto Relationship 418 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 6252 81.0
    Papua New Guinea 278 3.6
    South Africa 175 2.3
    United Kingdom 511 6.6
    Other 191 2.5
    Others 307 4.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 37 0.5
    Christianity 5621 75.7
    Hinduism 53 0.7
    Other Religious Groups 33 0.4
    No Religion 1670 22.5
    Others 11 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 174 8.2
    $1,500-$1,999 349 16.5
    $2,000-$2,499 344 16.3
    $2,500-$2,999 328 15.5
    $3,000-$3,499 239 11.3
    Others 682 32.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2722 48.3
    Employed, worked part-time 1381 24.5
    Not in the labour force 1105 19.6
    Employed, away from work 273 4.8
    Unemployed, looking for work 152 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 650 14.8
    Professionals 1023 23.4
    Technicians & trades workers 626 14.3
    Clerical & administrative workers 788 18.0
    Sales 452 10.3
    Others 839 19.2
    Occupation
    Census Count Percent(%)
    Pre-school 127 5.3
    Infants/Primary 1035 43.6
    Secondary 710 29.9
    Technical or Further Educational Institution 136 5.7
    University or other Tertiary Institutions 314 13.2
    Others 54 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7599 99.3
    Semi-detached, row or terrace house, townhouse 37 0.5
    Flat, unit or apartment 16 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1517 64.6
    Fully owned 518 22.1
    Rented 307 13.1
    Other tenure type 7 0.3
    Tenure Type
Census 2011, ABS
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