Eildon VIC Property Investment

CAUTION — 3.2% gross yield on a $440,000 (pending peer validation) median.

Eildon has compounded at 6.4%/yr over 5 years. Median sits in the $440,000 (pending peer validation) band today. Properties are sitting on market for 42 days (roughly balanced conditions).

• Median house: $440,000 (pending peer validation) | Units: $0
• Gross yield: 3.2% | Net yield: 1.7%
• 5yr price CAGR: 6.4%/yr | 3yr forecast: 13.5%/yr
• Population: 944 | Owner-occupier rate: 72% | Affluence: Below Average

• Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

• Vacancy: 2.7% (stable) | Rental demand: Moderate
• Median weekly rent: $268/wk | Days on market: 42 (stable)
• Balanced market — vacancy manageable but monitor trend.

• Median nightly rate: $719/night | Occupancy: 48%
• Estimated annual STR gross: ~$125,958/yr
• vs long-term rent: $13,936/yr (+804% STR premium — factor in higher management costs)

• No major confirmed infrastructure projects on record.
• Transport: Standard suburban transport access

If Eildon maintains 3%+ annual growth and vacancy stays below 1.9%, median prices could reach $506,000 within 3 years with yields compressing slightly as capital values rise.

A market correction or interest rate shock could see prices in Eildon pull back 10-15% from $440,000, with vacancy rising to 4.9% and rental yields softening as tenants gain leverage.

• Bushfire risk: HIGH (planning_overlay) — confirm BAL rating and any bushfire overlay obligations for the property
• - Distance from CBD may limit long-term capital growth potential

• Dunolly (VIC): $332,000 median, 3.9% yield, 39.0% 1yr growth
• Morwell (VIC): $370,000 median, 5.9% yield, 15.2% 1yr growth
• Wedderburn (VIC): $318,000 median, 2.8% yield, 0.0% 1yr growth

Eildon carries elevated risk that outweighs potential returns at current levels. A boom market combined with moderate vacancy risk warrants caution. Avoid new acquisitions unless significant discount to median pricing is achievable. Re-evaluate if vacancy falls below 2.5% or annual price growth exceeds 3%.

• Entry range: $396,000 – $484,000
• Minimum gross yield to target: 4.5%
• Watch signal: vacancy dropping below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.