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Eldorado, VIC 3746
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$745,000
list-price estimate
Median Unit
$405,000
Gross Yield (houses)
1.7%
1yr Growth
-
Investment snapshot for Eldorado
Eldorado has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Eldorado market and investor summary
In Eldorado, VIC 3746, houses show a gross rental yield of 1.7%. At 4.3% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 1.7% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 4.3% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 126 days on market, so plan for a slower exit if you ever need one.
Living in Eldorado: people, income and schools
Eldorado has a resident population of roughly 382, a number that has held fairly steady over five years. The median age is 52, an older, established demographic, and 89% 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 $68,000 a year, or roughly $1,310 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). Incomes have risen about 33% over five years, which tends to underpin what local buyers can pay.
It is fairly car-dependent; the suburb scores 1 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 382
- +3% over 5yr
- Median age
- 52 years
- Median household income
- $68,000/yr
- Households renting
- 11%
- Family households
- 69%
- Socio-economic rank
- 5/10
- ABS advantage index
- Unemployment
- 2.7%
- Walk score
- 1/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Eldorado
No properties currently listed in Eldorado
Search Eldorado listings →Frequently asked questions about Eldorado
What should I check before investing in Eldorado?
Eldorado has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Eldorado?
The median property price in Eldorado, VIC 3746 is $405K for units.
What rental yield does Eldorado show?
The gross rental yield in Eldorado is 1.7% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Eldorado?
The current vacancy rate in Eldorado is 4.3%. 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 Eldorado?
Eldorado has a population of approximately 382 residents, with a median age of 52.
Is Eldorado's population growing?
The population of Eldorado has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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