Eildon

Eildon, VIC 3713, with a population of 944, boasts a diverse age distribution. The suburb has a mix of residents across various age groups, with a substantial number of individuals aged 45 to 64 and 65 or over. The weekly median rent and mortgage repayments indicate moderate living costs, while the suburb's workforce primarily consists of technicians and tradeworkers, managers, and community and personal service workers. Eildon presents opportunities for both house and unit investors. The suburb has a decent market absorption rate, indicating stable demand. For houses, the sale price IQR ratio suggests potential for renovations and value-add projects. On the other hand, units have shown a positive median growth rate, making them an attractive option for investors seeking capital appreciation. Eildon, VIC 3713 offers a tranquil lifestyle with a mix of age groups and a range of occupational diversity. The suburb presents investment potential for both house renovators and unit investors, with indicators of stable demand and growth opportunities. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022