Eaglemont is a smaller suburb in Victoria within the Banyule local government area (postcode 3084). With a population of 3,960, the suburb has a mature demographic with a median age of 46. Households earn a median income of $149K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Eaglemont is $2.2 million, having dropped significantly 13.8% over the past year. Units have a median price of $870,000 (-34% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $3,073.
Public transport access includes 1 rail station, 6 bus stops. The crime rate in the Banyule LGA is higher than average at 8,647 incidents per 100,000 population.
From an investment perspective, Eaglemont offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($2.2M/$875K), placing it in the premium segment. The price-to-income ratio of 14.8x is considered stretched. House prices have moved -13.8% year-on-year.
Eaglemont is a smaller suburb in Victoria within the Banyule local government area (postcode 3084). With a population of 3,960, the suburb has a mature demographic with a median age of 46. Households earn a median income of $149K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Eaglemont is $2.2 million, having dropped significantly 13.8% over the past year. Units have a median price of $870,000 (-34% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $3,073.
Public transport access includes 1 rail station, 6 bus stops. The crime rate in the Banyule LGA is higher than average at 8,647 incidents per 100,000 population.
From an investment perspective, Eaglemont offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($2.2M/$875K), placing it in the premium segment. The price-to-income ratio of 14.8x is considered stretched. House prices have moved -13.8% year-on-year.