If you compare the increase in value of investment property in Eaton, 6232 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this WA suburb was -1.25%.
The five-year average increase in median property values for Eaton,6232 has given property investors a potential capital gain of -9.97% across each of those five years.
Eaton6232 is located in WA which offers an average discount of -8.00% to property investors. Eaton itself is showing figures that indicate -7.55% is the average achievable by property buyers investing in the suburb.
Eaton is 81th on a list of best yielding suburbs for rents in WA with a 5.76% return
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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%