Located in Western Australia within the Dardanup local government area, Eaton is a moderately sized suburb (postcode 6232). It is home to about 8,669 residents, with an established demographic and a median age of 41. Households earn a median income of $77K per year, with an average household size of 2.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.7% year-on-year at the LGA level. WA employment has moved +1.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. WA also had 31 Commonwealth-backed major projects under construction, 7 underway, and 16 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 technicians & trades, labourers, machinery operators & drivers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Median house prices in Eaton stand at $530,000, having risen steeply by 23.3% over the last twelve months. Units have a median price of $413,000 (+17.9% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 6.4%. The median monthly mortgage repayment is $1,517.
Eaton is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 955, which is around the national average of 1,000. Public transport access includes 54 bus stops.
From an investment perspective, Eaton shows a gross rental yield of approximately 6.4%, rated as high yield. Property prices sit below the state median ($530K/$951K), which can point to relative value. The price-to-income ratio of 6.9x is considered moderate. House prices have moved +23.3% year-on-year. Population growth of +1.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.