Suburb Profile Report for Eaglemont VIC (3084)

Eaglemont House: Median price $1,740,000, Annual capital growth 3.10%, Number of sales 35, Weekly median advertised rent $650

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

Giving property investors a an unimpressive capital gain of -4.66% for the last year, Eaglemont, 3084 is the 2568th highest performer in Australia in this respect.

The five-year average increase in median property values for Eaglemont,3084 has given property investors a potential capital gain of 26.55% across each of those five years.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.90% offered to property buyers. Sellers in Eaglemont itself are offering an average vendor discount of -6.46% to real estate investors.

With the median price for a house in Eaglemont being $1740000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 1.94%

Metrics	HOUSE	UNIT
Median price	$1,740,000	N/A
Quarterly growth	0.41%	N/A
12-month growth	-4.66%	N/A
Average Annual Growth	3.10%	N/A
Weekly median advertised rent	$650	N/A
Number of sales	35	N/A
Gross rental yield	1.94%	N/A
Days on market	71.3157894736842	N/A

Your estimated repayment
$6,732.08/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

DSR Score for property investment : Good (H), Good (U)

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Demographics

Total population	3926
Median household income ($/weekly)	2146
Median age of persons	42
Median housing loan repayment ($/monthly)	2167
Average household size	2.8

Census	Count	Percent(%)
5-14 years	495	12.6
25-34 years	354	9.0
35-44 years	469	11.9
45-54 years	655	16.7
55-64 years	596	15.2
Others	1358	34.6

Age Group

Census	Count	Percent(%)
Registered Married	1707	56.2
Not Married	1175	38.7
Defacto Relationship	158	5.2

Social Marital Status

Census	Count	Percent(%)
Australia	3001	78.5
Croatia	51	1.3
Japan	130	3.4
United Kingdom	168	4.4
Other	106	2.8
Others	366	9.6

Country of Birth

Census	Count	Percent(%)
Buddhism	47	1.3
Christianity	2526	69.1
Hinduism	41	1.1
Islam	27	0.7
No Religion	996	27.3
Others	16	0.4

Religious Affiliation

Census	Count	Percent(%)
$1,500-$1,999	134	11.0
$2,000-$2,499	119	9.8
$2,500-$2,999	170	13.9
$3,000-$3,499	133	10.9
$4,000 or more	161	13.2
Others	502	41.2

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	1231	39.5
Not in the labour force	938	30.1
Employed, worked part-time	762	24.4
Employed, away from work	110	3.5
Unemployed, looking for work	78	2.5

Person Characteristics

Census	Count	Percent(%)
Managers	374	17.8
Professionals	801	38.2
Community & personal service workers	144	6.9
Clerical & administrative workers	293	14.0
Sales	207	9.9
Others	277	13.2

Occupation

Census	Count	Percent(%)
Pre-school	82	7.4
Infants/Primary	331	29.7
Secondary	309	27.8
Technical or Further Educational Institution	61	5.5
University or other Tertiary Institutions	301	27.0
Others	29	2.6

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	3343	88.4
Flat, unit or apartment	325	8.6
Semi-detached, row or terrace house, townhouse	113	3.0
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0