Property value increases in Eaton have tracked just lower than the WA average of -2.32% over the last 12 months.
The five-year average increase in median property values for Eaton,6232 has given property investors a potential capital gain of -5.19% across each of those five years.
Situated 151.81km from the CBD, Eaton is one of Dardanup localities in the postcode 6232.
Over the last year, property investments in Eaton, 6232 have given investors a capital gain of 1.72%. This compares favourably with the -4.66% for WA as a whole.
Eaton,6232 was ranked 671 in Australia by increase in median property value over the quarter.
A $315 per week rent on the median house gives suburb investors a gross yield of circa 5.55%, without taking into account capital value appreciation, which has been averaging out at -0.60%.
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%