Property value increases in Eatons Hill have tracked just lower than the QLD average of 2.03% over the last 12 months.
If we look at median property appreciation over just the last three months, Eatons Hill has given property investors a paper return of 2.02%. This puts Suburb as 192 on a list of fastest fasting appreciating suburbs in QLD
Eatons Hill, 4037 is offering QLD ‘s 673th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this QLD.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 1.68%, investors should hope to achieve an overall return of 4.30%
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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.