Suburb Profile Report for Eynesbury VIC (3338)

Eynesbury House: Median price $510,000, Annual capital growth 8.43%, Number of sales 75, Weekly median advertised rent $393

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

Source: CoreLogic

  • House Report

Investment property in Eynesbury has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.43%

If we look at median property appreciation over just the last three months, Eynesbury has given property investors a paper return of 2.11%. This puts Suburb as 343 on a list of fastest fasting appreciating suburbs in VIC

Property investors looking for a bargain in Eynesbury should be aiming for at least -5.52% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 75 properties changed hands in Eynesbury, which puts it as the 347th most active market in VIC when comparing the number of sales per suburb.

A $387.5 per week rent on the median house gives suburb investors a gross yield of circa 4.15%, without taking into account capital value appreciation, which has been averaging out at 7.49%.

Metrics i HOUSE UNIT
$510,000 N/A
5.75% N/A
11.72% N/A
8.43% N/A
$393 N/A
75 N/A
4.00% N/A
51.75 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 774
Median household income ($/weekly) 2122
Median age of persons 32
Median housing loan repayment ($/monthly) 2167
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 95 12.3
    5-14 years 96 12.4
    25-34 years 178 23.0
    35-44 years 138 17.8
    45-54 years 91 11.7
    Others 177 22.8
    Age Group
    Census Count Percent(%)
    Registered Married 367 65.9
    Not Married 113 20.3
    Defacto Relationship 77 13.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 631 83.8
    Greece 6 0.8
    Netherlands 8 1.1
    United Kingdom 44 5.8
    Other 13 1.7
    Others 51 6.8
    Country of Birth
    Census Count Percent(%)
    Christianity 464 64.8
    No Religion 241 33.7
    Buddhism 11 1.5
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 19 8.1
    $1,500-$1,999 30 12.8
    $2,000-$2,499 43 18.3
    $2,500-$2,999 32 13.6
    $3,000-$3,499 26 11.1
    Others 85 36.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 321 56.9
    Employed, worked part-time 108 19.1
    Not in the labour force 93 16.5
    Employed, away from work 31 5.5
    Unemployed, looking for work 11 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 73 15.9
    Professionals 101 22.0
    Technicians & trades workers 73 15.9
    Community & personal service workers 34 7.4
    Clerical & administrative workers 73 15.9
    Others 105 22.9
    Occupation
    Census Count Percent(%)
    Pre-school 25 15.1
    Infants/Primary 69 41.6
    Secondary 37 22.3
    Technical or Further Educational Institution 11 6.6
    University or other Tertiary Institutions 17 10.2
    Others 7 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 745 99.5
    Semi-detached, row or terrace house, townhouse 4 0.5
    Flat, unit or apartment 0 0.0
    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 194 75.2
    Fully owned 48 18.6
    Rented 16 6.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals