Date Prepared: 22nd November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).
Overview
Eatons Hill, located in the Moreton Bay region, is a family-friendly suburb known for its spacious homes, excellent schools, and vibrant community. It offers a blend of suburban tranquility and easy access to Brisbane, making it highly appealing to families and professionals.
Demographics
- Population: Approximately 7,000 (2021 Census, ABS).
- Median Age: 39 years, reflecting a mix of young families and professionals.
- Dwelling Type: Predominantly standalone houses with some modern townhouses.
- Ownership: High ownership rates, indicative of long-term residential stability.
Property Market (2024)
Houses
- Median Sale Price: $1,047,500 (+15.1% annual growth).
- Median Weekly Rent: $710.
- Rental Yield: 3.5%.
- Sales Volume: 112 recorded house sales in the past 12 months.
Units
- Not applicable; the suburb predominantly consists of standalone houses.
Long-Term Trends (2006–2024)
Eatons Hill has shown consistent growth, with the median house price increasing from $429,000 in 2006 to $1,047,500 in 2024. This represents an average annual growth rate of approximately 6.9%.
Recent Notable Sales
- 3 Othello Court: Sold for $1,330,000 (Oct 2024).
- 52 Snow Wood Drive: Sold for $1,930,000 (Oct 2024).
- 7 Hidden Valley Drive: Sold for $1,380,000 (Oct 2024).
Source: Pricefinder, Your Investment Property Magazine.
Education
Eatons Hill offers access to quality educational facilities:
- Primary Schools:
- Eatons Hill State School.
- Secondary Schools:
- Albany Creek State High School.
- Nearby Private Schools:
- Prince of Peace Lutheran College (in Everton Hills).
Source: Queensland Department of Education, Landchecker.
Amenities and Lifestyle
Shopping
- Eatons Hill Village: Offers boutique stores, dining options, and essential services.
- Nearby Options: Westfield Chermside provides extensive retail and entertainment facilities.
Parks and Recreation
- Bunya Crossing Reserve: Popular for walking, swimming, and picnicking along the South Pine River.
- Sargent Reserve: Features playgrounds and open spaces for family activities.
- Eatons Hill Hotel and Function Centre: A local hub for dining, entertainment, and events.
Source: Google, Walkscore.
Transport and Accessibility
- Road Network:
- Easily accessible via South Pine Road and Old Northern Road, connecting to Brisbane CBD.
- Public Transport:
- Regular bus services to nearby suburbs and Brisbane.
- Walkability:
- Moderate; local amenities are accessible by car or public transport.
Source: TMR Queensland, Walkscore.
Recent and Planned Developments
- Residential Growth: Continued development of modern homes to accommodate demand.
- Community Investments: Upgrades to parks, schools, and public facilities.
Source: Pricefinder, Your Investment Property Magazine.
Community and Employment
- Employment Sectors:
- Healthcare, education, retail, and professional services dominate the local job market.
- Community Activities:
- Local events, cultural festivals, and sports programs foster strong community ties.
Source: ABS, Your Investment Property Magazine.
Key Statistics at a Glance
| Metric | Value |
|---|---|
| Population | ~7,000 (2021 Census). |
| Median House Price (2024) | $1,047,500. |
| Median Rent (Houses) | $710/week. |
| Rental Yield (Houses) | 3.5%. |
| Median Unit Price | Not applicable. |
| Notable Parks | Bunya Crossing Reserve, Sargent Reserve, Eatons Hill Hotel. |
| Transport Access | South Pine Road, bus services. |
Conclusion
Eatons Hill offers an excellent combination of lifestyle, convenience, and strong property market growth. With its family-friendly environment, strong community vibe, and proximity to Brisbane, Eatons Hill provides substantial appeal for both residents and investors.