Thinking about buying in Eagle Point? Now could not be a better time, with 946 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $551,000 with prices in this suburb ranging from $122,000 to $3,506,000. Eagle Point is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Eagle Point Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Eagle Point driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Eagle Point due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Eagle Point changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Eagle Point to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Eagle Point the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Properties for sale Eagle Point

	4 BAY RD, EAGLE POINT, VIC, 3878	1	1		$420,000
	990 PAYNESVILLE RD, EAGLE POINT, VIC, 3878	4	2	6	$1,200,000
	UNIT 6, 101 BAY RD, EAGLE POINT, VIC, 3878	3	1	2	$479,000
	90 RIVERMOUTH RD, EAGLE POINT, VIC, 3878	5	2	4	$1,185,000
	29 HOUGHTON CR, EAGLE POINT, VIC, 3878	4	2	2	$640,000

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