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Eagle Point, VIC 3878

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$525,000

market range $500K-$825K

Median Unit

$620,000

list-price estimate

Gross Yield (houses)

5.4%

1yr Growth (houses)

+1.1%

market range -7.5% to +10.0%

Investment snapshot for Eagle Point

Eagle Point has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Eagle Point market and investor summary

Eagle Point (VIC 3878) runs a median house price of $525K, with houses yielding a gross 5.4%. House prices have moved +1.1% over the past year. At 4.5% vacancy, it is a softer rental market with more choice for tenants.

For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.4% does more of the early heavy lifting than capital growth usually would at this price point. Demand is softer at 4.5% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 87 days on market, so plan for a slower exit if you ever need one.

Living in Eagle Point: people, income and schools

About 1,306 people live in Eagle Point, a number that has held fairly steady over five years. The median age is 59, an older, established demographic, and 85% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $63,000 a year, or roughly $1,210 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to about 8.4 times local household income, in line with much of metropolitan Australia.

There are 2 schools within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 5 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
1,306
+6% over 5yr
Median age
59 years
Median household income
$63,000/yr
Households renting
11%
Family households
73%
Socio-economic rank
5/10
ABS advantage index
Schools within 5km
2
avg ICSEA 972
Unemployment
3.9%
Walk score
5/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Eagle Point

No properties currently listed in Eagle Point

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Frequently asked questions about Eagle Point

What should I check before investing in Eagle Point?

Eagle Point has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.6%, giving a stronger rent-to-price starting point than many suburbs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Eagle Point?

The median property price in Eagle Point, VIC 3878 is $525K for houses.

What rental yield does Eagle Point show?

The gross rental yield in Eagle Point is 5.4% for houses and 5.6% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Eagle Point?

House prices in Eagle Point are up 1.1% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Eagle Point?

The current vacancy rate in Eagle Point is 4.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Eagle Point?

Eagle Point has a population of approximately 1,306 residents, with a median age of 59.

What schools are near Eagle Point?

There are 2 schools within roughly 5km of Eagle Point. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Eagle Point affordable to buy in?

A median house in Eagle Point costs about 8.4 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Eagle Point's population growing?

The population of Eagle Point has grown modestly, about 6% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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