Question 1

Is Eglinton a nice place to live?

Accepted Answer

Eglinton, on the outskirts of Bathurst, has a semi-rural character of rolling paddocks, scattered acreages and hobby farms. Homes sit on generous lots with horse paddocks, sheds and gardens rather than dense streetscapes, so it appeals to people after a quieter country way of life while still having easy access to Bathurst's shops and regional services. The suburb is home to 3,012 people and is weighted towards families, with couple families with children the largest group.

Local anchors include Eglinton Public School on Alexander Street and the council-managed Eglinton Oval, and the Duramana Road Master Plan Precinct identifies low- and medium-density housing, open space and a neighbourhood activity centre with a small supermarket and shops. Council has progressed planning for the precinct and cleared the site of radio towers, and the master plan includes proposed cycle and pedestrian links. Whether Eglinton suits you comes down to whether you want space, a rural atmosphere and proximity to regional services.

Question 2

Is it expensive to live in Eglinton?

Accepted Answer

On the figures, renting a house in Eglinton at about $630 a week would take roughly 30.7% of a typical local household's weekly income as recorded at the most recent Census, which is a sizeable share. The median house price of $790,000 works out to about 7.4 times a typical local annual household income at the last Census, placing buying well above local incomes.

That means buying in Eglinton is notably more stretched against what local households earned at the last Census than renting is; whether that feels expensive will depend on your own income and circumstances.

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 Eglinton a good place to invest?

Accepted Answer

House rents in Eglinton climbed 12.5% over the past 12 months, a strong rise, while median house values increased a more modest 4.9% over the same period. If rental income is your priority, the rent figure is the key metric here; if capital growth is what matters to you, look to the house value change. The rent increase has outpaced value growth this year, so rental income for houses rose faster than their prices.

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	$790K	N/A
Change in value Past 12 months	4.9%	N/A
Sold Past 3 months	13	N/A
Median days on market Past 12 months	29	N/A
Average rent Past 12 months	$630	N/A
Change in rent Past 12 months	12.5%	N/A

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