Thinking about buying in Eight Mile Creek? Now could not be a better time, with just 192 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $352,000 with prices in this suburb ranging from $183,000 to $1,244,000. Eight Mile Creek is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
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In Eight Mile Creek there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Eight Mile Creek is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Eight Mile Creek 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. Medium density in Eight Mile Creek necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Eight Mile Creek 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.
None within suburb boundary
(While the above schools are located with the suburb of Eight Mile Creek there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 7.7 | 23.4 | 32.2 | 46.3 | 90.0 | 3.1 | 23.3 |
| Feb | 5.9 | 23.3 | 32.3 | 46.1 | 90.2 | 2.9 | 22.2 |
| Mar | 6.3 | 22.4 | 31.2 | 51.3 | 89.4 | 2.9 | 20.0 |
| Apr | 1.9 | 19.6 | 30.0 | 42.2 | 89.7 | 2.9 | 19.7 |
| May | 0.7 | 16.3 | 27.5 | 41.1 | 90.9 | 2.9 | 17.7 |
| Jun | 0.6 | 13.8 | 25.8 | 43.6 | 90.3 | 2.8 | 15.5 |
| Jul | 0.6 | 13.0 | 25.9 | 42.2 | 89.7 | 2.8 | 17.0 |
| Aug | 0.7 | 13.2 | 26.8 | 39.2 | 90.1 | 2.7 | 19.2 |
| Sept | 0.1 | 15.9 | 28.7 | 39.9 | 89.5 | 3.0 | 23.4 |
| Oct | 0.6 | 18.6 | 30.1 | 42.2 | 88.0 | 3.2 | 25.7 |
| Nov | 0.8 | 21.0 | 31.6 | 44.8 | 86.7 | 3.3 | 27.3 |
| Dec | 2.0 | 22.5 | 32.6 | 41.8 | 86.3 | 3.2 | 26.8 |
source: Australian Government Bureau of Meteorology
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