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Eglinton is a delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. Nestled in the northern coastal corridor, it boasts picturesque beaches and stunning natural landscapes, perfect for those who cherish outdoor living. The suburb's tranquil vibe is complemented by a growing community spirit, making it an ideal choice for families and individuals seeking a peaceful yet vibrant lifestyle.

While Eglinton is still developing, it promises a bright future with planned amenities such as schools, shopping centers, and recreational facilities. This makes it an attractive option for families who value convenience and accessibility. The suburb's proximity to the Indian Ocean offers residents the luxury of coastal living, with plenty of opportunities for beachside relaxation and outdoor activities. Safety is generally not a concern, contributing to the suburb's appeal as a secure and welcoming environment for families.

However, living in Eglinton does come with some trade-offs. As a rapidly developing area, residents may experience ongoing construction and infrastructure changes. Additionally, while the suburb is set to benefit from improved public transport with the upcoming Eglinton railway station, current connectivity may require reliance on personal vehicles for commuting. Despite these minor inconveniences, Eglinton's charm and potential for growth make it a promising choice for those looking to settle in a modern, family-oriented community with a coastal backdrop.

Living in Eglinton can be quite costly, especially when considering the housing market. The median house price in Eglinton is currently around $728,000, which is a significant investment. For those looking to rent, the average rent for houses is approximately $640 per week. This can take a substantial chunk out of the average household income, which is around $2,024 weekly.

When comparing this to the average wage in Western Australia, which is about $89,000 annually, the cost of living in Eglinton, particularly in terms of housing, can be a considerable expense. The absence of unit prices suggests limited options for those seeking more affordable housing alternatives. If you are thinking of living in Eglinton, it's essential to factor in these costs to ensure your financial plans align with the expenses of residing in this suburb.

Eglinton is showing promising signs as a potential investment suburb, particularly for those interested in the housing market. Over the past 12 months, the median house value in Eglinton has increased by an impressive 14.3%, indicating strong demand and potential for capital growth. This surge in house prices suggests that the area is becoming more desirable, possibly due to its coastal location and ongoing development projects that are enhancing its appeal.

While the unit market in Eglinton has remained stable with no change in median value, this could present an opportunity for investors looking for entry-level properties with potential for future growth. The rental market for houses has seen a modest increase of 1.6% over the past year, which, while not dramatic, indicates a steady demand for rental properties. This stability can be attractive for investors seeking consistent rental income.

Overall, Eglinton's strong growth in house values and its potential for future development make it an interesting option for investors. The suburb's coastal charm and expanding infrastructure are likely to continue driving demand, making it a suburb worth considering for those looking to invest in the real estate market.