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Eglinton is a delightful suburb that offers a wonderful blend of coastal charm and modern living, making it a fantastic place to call home. Nestled in the northern coastal corridor, Eglinton is known for its picturesque beaches and serene environment, providing a relaxed lifestyle that is perfect for families and individuals alike. The suburb's vibe is characterized by a strong sense of community and a focus on outdoor living, with plenty of opportunities to enjoy the natural beauty of the area.

Families will find Eglinton particularly appealing, thanks to its family-friendly atmosphere and the presence of schools, parks, and community facilities. The suburb's youthful demographic and ongoing development make it an exciting place for young families to establish roots. While Eglinton is still growing, it offers modern amenities and is well-connected to Perth, making it convenient for commuters. The proximity to the Indian Ocean means residents can enjoy easy access to beautiful beaches, perfect for those who love outdoor activities and a coastal lifestyle.

However, living in Eglinton does come with some trade-offs. As a rapidly developing suburb, there may be ongoing construction and infrastructure projects that could impact the tranquility of the area. Additionally, while transport links are improving, they may not yet be as robust as those in more established suburbs. Despite these considerations, Eglinton's blend of natural beauty, modern amenities, and community spirit make it a highly desirable place to live, especially for families seeking a balance between urban convenience and a peaceful coastal environment.

Living in Eglinton, located in the Perth metropolitan area, can be considered moderately expensive, especially when compared to other suburbs in the region. The current median house price in Eglinton is around $882,500, which is a significant investment for potential homeowners. Unlike many suburbs, Eglinton doesn't have a median unit price, as units are not a prevalent housing option here.

When it comes to renting, the average rent for houses is about $650 per week. This rental price aligns with the general cost of living in Perth, where the average wage is approximately $95,000 per year. In comparison, the Western Australia state average wage is slightly lower at around $90,000 annually. Given these figures, the cost of living in Eglinton, particularly regarding housing, could require a considerable portion of an average income, making it a bit challenging for some individuals or families.

Overall, if you are thinking of living in Eglinton, it's important to weigh the housing costs against your income to ensure it fits within your budget. While the suburb offers a peaceful lifestyle with its coastal proximity, the expenses associated with living here should be carefully considered to maintain financial comfort.

Eglinton presents a promising opportunity for property investors, particularly those interested in long-term growth. Over the past 12 months, the suburb has experienced a 4.7% increase in median house values, indicating a steady upward trend in property appreciation. While unit values have remained stable, this could suggest a potential for future growth as the area continues to develop and attract more residents.

The rental market in Eglinton also shows positive signs, with house rents increasing by 3.2% over the last year. This growth in rental income can be appealing for investors seeking reliable returns. Although unit rents have not changed, the stability in this sector might appeal to those looking for a low-risk investment option.

Overall, Eglinton's combination of rising house values and increasing rental income makes it an attractive suburb for investment. Its potential for future development and growth, along with the current market trends, suggests that Eglinton could be a solid choice for investors looking to capitalize on both capital appreciation and rental returns.