Question 1

Is Eagle Vale a nice place to live?

Accepted Answer

Eagle Vale is a south-west Sydney suburb in the Macarthur area with an established, residential feel centred on a local shopping centre and a network of parks and sporting ovals. The neighbourhood is largely detached family homes with established gardens alongside pockets of newer townhouses, and playgrounds, community fields and tree-lined streets shape a routine of weekend sport and outdoor play. The community numbers 5,789 people with a median age of 36, and families are prominent: couple families with children are 45.6% and together with couple families without children (29.3%) make up about three in four families (74.9%). Most homes are owner-occupied, at 73.7%.

Residents rely on nearby Campbelltown for larger services and use Leumeah and Campbelltown train stations for rail links. Recent local road upgrades have widened routes and added shared pathways, indented bus bays and new signals, and Eagle Vale High School has been designated a sports high school with ongoing work on a running track, resurfaced playing field, lighting, pickleball courts, a multipurpose hall and a Health and PE learning hub and fitness laboratory. The council’s plan also lists a staged Eagle Vale Central aquatic upgrade. It suits people seeking practical family living within easy reach of regional amenities.

Question 2

Is it expensive to live in Eagle Vale?

Accepted Answer

On the figures for Eagle Vale, a median house price of $1,000,000 is about 10.8 times a typical local household's annual income as recorded at the most recent Census, which places buying a house well above what people locally earned at that Census. Renting a house at around $640 a week would take roughly 35.9% of a typical local household's weekly income at the last Census, a sizeable share, so for renters the rent share is the most relevant measure and for buyers the price multiple is the key comparison.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Eagle Vale a good place to invest?

Accepted Answer

House values in Eagle Vale climbed 10.6% over the past 12 months, a strong rise in what houses are worth. Over the same period house rents rose 6.7%, a solid increase in rental income, so price growth has outpaced rent growth on the houses side this year. Which of those outcomes matters to you depends on whether you are focused on capital growth or rental income.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1M	N/A
Change in value Past 12 months	10.6%	N/A
Sold Past 3 months	15	N/A
Median days on market Past 12 months	16	N/A
Average rent Past 12 months	$640	N/A
Change in rent Past 12 months	6.7%	N/A

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