Eaton suburb profile
Eaton is a vibrant suburb located in the South West region of Western Australia, just a short drive from the city of Bunbury. Known for its family-friendly atmosphere, Eaton offers a range of amenities including schools, parks, and shopping centers, making it an ideal location for families and retirees. The suburb is bordered by the picturesque Collie River, providing residents with beautiful natural surroundings and opportunities for outdoor activities. With a mix of modern housing developments and established homes, Eaton continues to grow in popularity as a convenient and welcoming community for those seeking a balanced lifestyle.
Eaton property market performance
Eaton’s property market has experienced significant growth over the past 12 months, with both houses and units seeing substantial increases in value. House values have surged by 26.4%, while unit values have risen by 27%, bringing the median house price to $587,500 and the median unit price to $297,500. This reflects a strong demand for properties in the area.
Sales activity has been robust, with 47 houses sold in the past 12 months, although only 1 unit was sold, indicating a limited supply in the unit market. Houses are selling quickly, with a median of just 13 days on the market, while units are taking slightly longer at 15 days.
The rental market in Eaton has also seen notable increases, with house rents rising by 10.5% and unit rents by 13% over the last 12 months. The average rent for houses is now $630, while units average $520, highlighting strong rental demand in the suburb.
Median price - houses$588KPast 3 months
Median price - units$298KPast 3 months
Change in value - houses26.4%12 months
Change in value - units27.0%12 months
Houses sold47Past 3 months
Units sold1Past 3 months
Median DOM - houses13Past 12 months
Median DOM - units15Past 12 months
Average rent - houses$630Past 12 months
Average rent - units$520Past 12 months
Change in rent - houses10.5%Past 12 months
Change in rent - units13.0%Past 12 months
Eaton demographics
Eaton, located in Western Australia, is a suburb that offers a blend of family-friendly living and a relaxed lifestyle. With a population of 8,669, Eaton is characterized by its strong sense of community and a median age of 41, indicating a mature population that includes both families and long-term residents. The suburb's proximity to Bunbury provides residents with access to urban amenities while maintaining a quieter, suburban atmosphere.
The housing landscape in Eaton is predominantly owner-occupied, with 32.6% of properties owned outright and 44.3% owned with a mortgage. This reflects a stable community where many residents have invested in their homes, contributing to the suburb's family-oriented environment. Rental properties make up 23.1% of the housing market, offering options for those seeking flexibility or new to the area.
Family structures in Eaton are diverse, with 39.2% of households being couple families with children and 42.4% being couple families without children. One-parent families account for 17.2% of the community, highlighting the suburb's inclusivity and support for various family dynamics. The median total household income of $1,485 per week suggests a comfortable standard of living, making Eaton an attractive option for families and individuals seeking a balanced lifestyle.
Eaton infrastructure, key developments and investment opportunities
Eaton is experiencing significant growth and development that may impact its property market. The expansion of Eaton Fair Shopping Centre, including new retail options and amenities, is enhancing the suburb's appeal and convenience for residents. Additionally, ongoing residential developments in areas like Millbridge are increasing housing supply and attracting new residents to the area.
Infrastructure improvements, such as upgrades to the Eaton Recreation Centre and local sporting facilities, are enhancing community amenities. The suburb's proximity to the Collie River and easy access to Bunbury CBD continue to be key drawcards. These developments, combined with Eaton's family-friendly atmosphere and good schools, are likely to sustain strong demand for properties in the area and potentially drive up values in the coming years.
Eaton rental market trends
The rental market in Eaton has experienced notable growth, with house rents increasing 10.5% over the past year to $630 per week, while unit rents have surged 13% to $520 per week. This upward trend reflects strong demand and makes Eaton an attractive option for both renters and investors seeking promising returns in a well-connected suburb.
Suburbs near Eaton
Some popular suburbs near Eaton include: