Suburb Profile Report for Eaglehawk VIC (3556)

Eaglehawk House: Median price $306,000, Annual capital growth 4.22%, Number of sales 109, Weekly median advertised rent $290

Eaglehawk Unit: Median price $240,000, Annual capital growth 6.66%, Number of sales 15, Weekly median advertised rent $250

  • 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.

  • House Report
  • Unit Report

Eaglehawk, 3556 ranked 260th in VIC when comparing growth in median property values or capital gain over the last 12 months. Eaglehawk is one of 2099 in our list for VIC

Comparing Eaglehawk,3556 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Eaglehawk is offering property investors an average of -6.90. This rate of discount on properties puts Suburb at number 355th in terms of most discounted suburbs in VIC

Advertised rents are around the $290 mark per week – giving a return of 4.93% based on the median price in Suburb

If you compare the increase in value of investment property in Eaglehawk, 3556 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 13.21%.

Eaglehawk,3556 was ranked 378 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Eaglehawk is offering property investors an average of -6.31. This rate of discount on properties puts Suburb at number 192th in terms of most discounted suburbs in VIC

Using the current median advertised rental of $250 and the average annual increase in value of a median property of 6.66%, investors should hope to achieve an overall return of 5.42%

Metrics i HOUSE UNIT
$306,000 $240,000
2.34% 2.13%
0.33% 13.21%
4.22% 6.66%
$290 $250
109 15
4.93% 5.42%
52.3563218390805 72.8461538461538

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.

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 4809
Median household income ($/weekly) 769
Median age of persons 39
Median housing loan repayment ($/monthly) 1200
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 573 11.9
    25-34 years 602 12.5
    35-44 years 577 12.0
    45-54 years 636 13.2
    55-64 years 661 13.7
    Others 1761 36.6
    Age Group
    Census Count Percent(%)
    Not Married 1671 47.2
    Registered Married 1510 42.7
    Defacto Relationship 356 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 4319 95.3
    New Zealand 13 0.3
    Papua New Guinea 19 0.4
    United Kingdom 98 2.2
    Other 23 0.5
    Others 62 1.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 31 0.7
    Christianity 2946 68.0
    Hinduism 8 0.2
    Other Religious Groups 24 0.6
    No Religion 1316 30.4
    Others 7 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 220 12.5
    $400-$599 307 17.5
    $600-$799 267 15.2
    $800-$999 194 11.1
    $1,000-$1,249 171 9.7
    Others 596 34.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1517 41.8
    Employed, worked full-time 1184 32.6
    Employed, worked part-time 654 18.0
    Employed, away from work 138 3.8
    Unemployed, looking for work 137 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 272 13.8
    Technicians & trades workers 319 16.1
    Clerical & administrative workers 221 11.2
    Sales 233 11.8
    Labourers 309 15.6
    Others 623 31.5
    Occupation
    Census Count Percent(%)
    Pre-school 68 7.4
    Infants/Primary 331 35.8
    Secondary 294 31.8
    Technical or Further Educational Institution 100 10.8
    University or other Tertiary Institutions 95 10.3
    Others 36 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4065 89.3
    Flat, unit or apartment 378 8.3
    Semi-detached, row or terrace house, townhouse 106 2.3
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 689 36.3
    Being purchased 644 33.9
    Rented 552 29.1
    Other tenure type 13 0.7
    Tenure Type
Census 2011, ABS
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