Question 1

Is Eildon a nice place to live?

Accepted Answer

Eildon is a lakeside High Country township beside Lake Eildon and the Eildon Pondage, where boating, houseboating and trout fishing shape everyday life. The compact main street has shops, cafés and essential services, and housing ranges from lakeside holiday homes and modest weatherboard cottages to rural blocks in forested hills. Locals work in tourism, outdoor recreation, agriculture and the lake's hydroelectric operations, and the town follows a relaxed, outdoors-oriented rhythm that swells in the warmer months.

It is a small community of 944 people with a median age of 56, and owner-occupation is common with 73.9% of homes owned outright or with a mortgage. There is easy access to bushwalking and camping in Lake Eildon National Park and the Goulburn River valley, and a regional masterplan is advancing lake-focused projects such as a walking trail, a mountain bike park and a Fry Bay nature precinct. Recent civic investments include accessibility upgrades at the Splash and Play Park, a $4.8 million upgrade to Eildon Primary School and a council-led key worker accommodation project. Whether Eildon suits you depends on how much you want a small, water- and bush-focused lifestyle.

Question 2

Is it expensive to live in Eildon?

Accepted Answer

There haven't been enough recent sales or rentals in Eildon to publish reliable house or unit price and rent figures. Because of that, and despite the suburb's median total household income at the most recent Census being $932 a week, there isn't a clear way to say how expensive it is to live here compared with local incomes.

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 Eildon a good place to invest?

Accepted Answer

Over the past 12 months Eildon's median house value edged up 1.8%, a slight rise that points to modest capital growth over that period. If capital growth is the criterion you care about, that house-value movement is the figure to weigh, and whether it fits your plans depends on your objectives and circumstances.

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	N/A	N/A
Change in value Past 12 months	1.8%	N/A
Sold Past 3 months	5	2
Median days on market Past 12 months	81	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

Get a property report and suburb profile for any property in Eildon

Eildon suburb profile

Eildon property market performance

5 year median price trend for houses and units

Eildon demographics

Suburbs near Eildon

How does Eildon compare to nearby suburbs?

Choose the right real estate agents in Eildon

Get a head start and compare top local agents in Eildon

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market