Eagleton is a quiet locality in New South Wales within the Port Stephens local government area (postcode 2324). With a population of 205, the suburb has an older-leaning population with a median age of 50. Households earn a median income of $74K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, clerical & administrative. Employment in the area leans toward public admin & safety and healthcare. The top ancestries reported are Australian, English, Irish.
The median house price in Eagleton is $920,000, having risen steeply by 22.3% over the past year. The current median weekly rent is $598. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,573.
Public transport access includes 1 bus stop. The crime rate in the Port Stephens LGA is below average at 3,152 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 3.4%, which reads as moderate yield. Property prices sit below the state median ($920K/$1.5M), which can point to relative value. The price-to-income ratio of 12.5x is considered stretched. House prices have moved +22.3% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.