Eildon is a small community in Victoria within the Murrindindi local government area (postcode 3713). With a population of 944, the suburb has an older demographic with a median age of 56. Households earn a median income of $48K per year, with an average household size of 1.9 people. The most common occupations are technicians & trades, managers, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Eildon is $423,000, having declined 6.1% over the past year. The current median weekly rent is $385. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,147.
Eildon is served by 1 school, including 1 primary. The average ICSEA score is 985, which is around the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Murrindindi LGA is moderate at 5,639 incidents per 100,000 population.
From an investment perspective, Eildon offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($423K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved -6.1% year-on-year.
Eildon is a small community in Victoria within the Murrindindi local government area (postcode 3713). With a population of 944, the suburb has an older demographic with a median age of 56. Households earn a median income of $48K per year, with an average household size of 1.9 people. The most common occupations are technicians & trades, managers, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Eildon is $423,000, having declined 6.1% over the past year. The current median weekly rent is $385. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,147.
Eildon is served by 1 school, including 1 primary. The average ICSEA score is 985, which is around the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Murrindindi LGA is moderate at 5,639 incidents per 100,000 population.
From an investment perspective, Eildon offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($423K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved -6.1% year-on-year.