Over the last year, property investments in Eaton, 6232 have given investors a capital gain of -2.11%. This compares averagely with the -2.43% for WA as a whole.
Eaton,6232 has offered an average of -2.11% return per annum in house price rises to property investors over the last three years.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.12% offered to property buyers. Sellers in Eaton itself are offering an average vendor discount of -7.01% to real estate investors.
Residents and property investors in Eaton have been waiting around 80.8 days to sell a property.
Property investors should expect to get $330 weekly from the median priced house in this suburb.
Property value increases in Eaton have tracked just higher than the WA average of -5.66% over the last 12 months.
If we look at median property appreciation over just the last three months, Eaton has given property investors a paper return of 1.69%. This puts Suburb as 21 on a list of fastest fasting appreciating suburbs in WA
On average over the past year, suburb has had 0.92 sales per month, which equates to 11 per year.
Eaton, 6232’s gross rental yield is 5.59%
In the past 12 months leading up to April 2017, Eaton saw apartment values increase by nearly 6%, with over 3% growth reported in the April quarter alone.Full summary
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Collie River suburb sees a pickup in both supply and value
Median unit price: $300,000
Stock on market: 4.70%
12-month growth: 5.63%
Following a string of negative growth years, things are finally looking up for the suburb of Eaton.
Located in the northeast region of Bunbury, this suburb is just 7km from the Bunbury CBD and is right on the shore of the Collie River. It is home to a state high school, a community college and a couple of primary schools, making it a great spot for families to consider. The local shopping centre, Eaton Fair, underwent an expansion in recent years as well.
In the past 12 months leading up to April 2017, Eaton saw apartment values increase by nearly 6%, with over 3% growth reported in the April quarter alone. The median price sits at a comfortable $300,000, perfect for buyers on a budget. Perhaps in expectation of rising demand, the amount of properties on the market jumped slightly by almost 5%