Investment property in Eaton has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.00%
Over the longer term, Eaton has seen property prices show investors a -9.86% return over the last 3 years. This is an improvement over the last 12 months
At number 206th of WA’s most discounted properties, Eaton is in the middle of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $330 mark per week – giving a return of 5.36% based on the median price in Suburb
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%