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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 house values increasing by 22.9% and unit values rising by 28.1%. The median house price has reached $582,000, while units have averaged $297,500, indicating strong demand across both property types.

Sales activity has been robust, with 57 houses and 3 units sold in the past 12 months. Houses are selling quickly, with a median of just 11 days on the market, while units are taking slightly longer at 15 days, reflecting a competitive market environment.

The rental market in Eaton has also seen substantial growth, with house rents increasing by 12.7% and unit rents by 10.5% over the last 12 months, highlighting a strong demand for rental properties in the area.

Median price - houses$582KPast 3 months

Median price - units$298KPast 3 months

Change in value - houses23.7%12 months

Change in value - units25.7%12 months

Houses sold41Past 3 months

Units sold1Past 3 months

Median DOM - houses12Past 12 months

Median DOM - units15Past 12 months

Average rent - houses$628Past 12 months

Average rent - units$500Past 12 months

Change in rent - houses14.1%Past 12 months

Change in rent - units8.7%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 by 12.7% over the past year to $620 per week, while unit rents have risen 10.5% to $500 per week. This growth reflects strong demand and the suburb's appeal, making Eaton an attractive option for both renters and investors seeking promising returns in a thriving community.

Suburbs near Eaton

Some popular suburbs near Eaton include:

Common questions about Eaton

  • Is Eaton a nice place to live?

    Eaton is a delightful suburb that offers a harmonious blend of convenience and tranquility, making it a wonderful place to call home. Nestled in the scenic South West region, Eaton is just a stone's throw away from Bunbury, providing residents with the perfect balance of suburban peace and urban accessibility. The suburb is renowned for its welcoming and family-friendly vibe, with a strong sense of community that makes it an attractive choice for families and retirees alike. The presence of the picturesque Collie River adds to the charm, offering beautiful natural surroundings and ample opportunities for outdoor activities such as picnicking, fishing, and leisurely walks.

    Living in Eaton means enjoying a lifestyle that is both relaxed and convenient. The suburb boasts a variety of amenities, including shopping centers, cafes, and parks, ensuring that everything you need is within easy reach. The local schools are well-regarded, making it an ideal location for families with children. Safety is generally not a concern, as Eaton maintains a peaceful and secure environment, allowing residents to enjoy a worry-free lifestyle. While Eaton may not have the bustling nightlife of a city center, its proximity to Bunbury means that entertainment and dining options are just a short drive away.

    For families, Eaton offers a supportive and nurturing environment, with a diverse range of family structures contributing to the suburb's inclusive atmosphere. The ongoing development and expansion of amenities, such as the Eaton Fair Shopping Centre and local sporting facilities, continue to enhance the suburb's appeal. However, with these developments, residents may experience some trade-offs, such as increased traffic and potential rises in property values. Despite these considerations, Eaton remains a charming and inviting suburb, perfect for those seeking a balanced lifestyle with a strong community spirit.

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  • Is it expensive to live in Eaton?

    Living in Eaton can be considered moderately expensive, especially when you compare it to other areas in Western Australia. The current median house price in Eaton is $582,000, which is relatively affordable compared to more urban areas. Units are even more budget-friendly, with a median price of $297,500. When it comes to renting, the average rent for houses is $620 per week, while units average $500 per week.

    In terms of income, the average wage in Eaton is approximately $84,000 per year. This figure is quite comparable to the average wage in Western Australia, which means that while housing prices are moderate, the cost of living might still take up a significant portion of one's income. The median total household income weekly is $1,485, which suggests that families might feel the pinch when it comes to balancing their budget with housing expenses.

    Overall, Eaton offers a reasonable cost of living for those earning an average wage. However, it's important to carefully consider your financial situation and lifestyle preferences when deciding to make Eaton your home. The suburb provides a blend of affordability and a comfortable lifestyle, but housing expenses should be weighed against your income to ensure a sustainable living situation.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Eaton a good place to invest?

    Eaton is showing promising signs as a strong investment suburb, with impressive growth in both property values and rental returns over the past year. The median house value has surged by 22.9%, while units have seen an even more remarkable increase of 28.1%. This upward trend indicates a robust demand for properties in the area, making it an attractive option for investors looking to capitalize on capital growth.

    In addition to the rise in property values, Eaton has experienced significant growth in rental income, with house rents increasing by 12.7% and unit rents by 10.5% over the last 12 months. This suggests a healthy rental market, providing investors with the potential for steady rental returns. The combination of strong capital appreciation and rising rental yields makes Eaton a compelling choice for those seeking a balanced investment opportunity.

    Overall, Eaton's recent performance in both property value and rental growth positions it as a suburb with solid investment potential. The consistent demand for housing, coupled with the attractive rental market, suggests that Eaton could continue to offer rewarding opportunities for investors in the future.

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