All About Eildon, Murrindindi, VIC, 3713
Eildon, located within the Shire of Murrindindi in Victoria, Australia, is a picturesque town known for its close proximity to Lake Eildon and the surrounding natural beauty. The housing market in Eildon reflects its status as a desirable location for nature lovers and those seeking a tranquil lifestyle away from the hustle and bustle of city life. Typically, Eildon offers a range of properties, from cozy cottages and holiday homes to more expansive residences nestled amidst lush landscapes. The real estate market here is characterized by relatively affordable prices compared to metropolitan areas, making it an attractive option for retirees, families, and individuals looking for seasonal homes or investment properties.
Living in Eildon means being part of a tight-knit community that values outdoor activities and a slower pace of life. Locals enjoy access to a wealth of recreational opportunities, including boating, fishing, and hiking, thanks to the close proximity of Lake Eildon and the surrounding national park areas. The town itself, while small, is equipped with essential amenities such as shops, cafes, and community services. Residents often appreciate the peaceful environment and the opportunity to engage with the natural surroundings daily. Overall, Eildon offers a unique blend of serene living with ample opportunities for adventure and community engagement, making it an appealing place for those looking to escape urban pressures.
Household Makeup
| Median Weekly Rent | $261.50 |
| Median Monthly Mortgage | $1090.50 |
| Median Persons Per bed houseroom | 0.65 |
| Average Household Size | 2.00 |
| Average Age | 55.50 |
| Average Income | $554.50 |
| Average Cars Per Dwelling | 1.67 |
| Average Properties Within 50M | 6 |
| Typical 1 bed house | $416,000 |
| Typical 2 bed house | $346,000 |
| Typical 3 bed house | $541,000 |
| Typical 4 bed house | $728,000 |
| Typical 5 bed house | $818,000 |
| Typical 6 bed+ house | $1,215,000 |
Housing Stock
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Eildon Real Estate Market Outlook
Thinking about buying in Eildon? Now could not be a better time, with 816 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $533,000 with prices in this suburb ranging from $101,000 to $1,505,000. The aproximate distance to the coast is 87 Km.
In Eildon 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. 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 Eildon 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 Eildon 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 Eildon 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 Eildon 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.
Instant Property Valuation
Local Schools
Eildon Primary School
(While the above schools are located with the suburb of Eildon there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Eildon weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.7 | 13.8 | 27.7 | 30.5 | 79.7 | 4.8 | 26.6 |
| Feb | 1.7 | 13.8 | 26.3 | 35.6 | 82.6 | 4.5 | 22.3 |
| Mar | 1.7 | 12.0 | 22.8 | 43.1 | 84.7 | 4.4 | 17.5 |
| Apr | 1.9 | 9.3 | 18.3 | 49.4 | 86.9 | 4.0 | 13.2 |
| May | 1.8 | 6.7 | 13.4 | 63.7 | 90.7 | 4.1 | 9.3 |
| Jun | 2.0 | 4.6 | 10.2 | 71.6 | 92.9 | 4.0 | 7.1 |
| Jul | 2.0 | 3.9 | 9.3 | 72.4 | 94.4 | 4.5 | 7.1 |
| Aug | 2.0 | 3.8 | 10.3 | 64.3 | 93.3 | 4.6 | 10.2 |
| Sept | 2.2 | 5.9 | 13.9 | 55.9 | 89.4 | 4.8 | 15.2 |
| Oct | 1.6 | 7.8 | 17.6 | 49.2 | 87.1 | 4.8 | 20.6 |
| Nov | 2.1 | 9.7 | 21.2 | 42.2 | 87.8 | 4.8 | 23.9 |
| Dec | 1.7 | 11.8 | 24.9 | 32.8 | 82.4 | 4.8 | 26.9 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Avro Anson Plane Crash Site and Memorial Cairn - Less than 10 KM
Nearby Suburbs
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