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Eaton, WA 6232

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Eaton, WA 6232 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Eaton, WA 6232”

  1. The total adult population (15 years or older) of Eaton 6232 WA is 7,017, with a median age of 41. Of those, 46.52% are married, 13.74% are divorced or separated, 32.32% are single and 7.31% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $7,348. The median monthly mortgage repayment for households in this suburb is $1,517 which is 20.65% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in Western Australia, the suburb of Eaton 6232 is home to approximately 3874 households. As we survey the property market in the third quarter of 2023, we find that the typical house price in Eaton is $441,489. Median weekly rents have been recorded at $462, which leads to an impressive indicative yield of approximately 5.44%.

    The socio-economic health of the area, denoted by an IRSAD score of 929 out of 1,217, reflects a favourable socio-economic condition, suggesting residents have good access to economic resources, with a good mix of income levels and employment opportunities. Investors will also note an advantageous renter to owner ratio of just 22%, a figure that shows the market isn’t oversaturated with rental properties which may typically present lower future returns and increased competition.

    The units to houses ratio reported is 11% indicating that the market isn’t overwhelmed with units that can lead to rental competition and potential price drops; thereby maintaining a stronger appeal to families leading to longer tenancy periods.

    An affordability index rating of 24 years is positive for the Eaton market, as it is well below the standard 30-year mortgage time frame, indicating a high affordability amongst the residents.

    Delving into supply metrics, the stock on market Percentage for houses stands at 0.46%, falling under the favourable range and hinting towards a low supply market. Likewise, the inventory levels for houses hold at 1.28 months, further supporting Eaton as a low supply market.

    The building approvals Ratio for houses rests at 0.6%, signalling a lack of excess new dwelling supply. Turning to demand, with 71 Days on Market, the house segment in Eaton is in neutral demand conditions, supported further by the vacancy rate of 1.07%, indicating a high demand.

    However, a lower buy search index for houses at 3, suggests a moderate demand relative to the state average, although it’s important to monitor trend developments.

    To summarise, although some indicators sit in neutral ranges, the overall attributes of the Eaton property market in Q3 of 2023 seem favourable from both a socio-economic and market dynamic perspective. A strong yield, favourable supply-demand balance and good affordability make Eaton an interesting consideration for property investors. Regular use of the RCS (Relative Composite Score) by HtAG Analytics can be instrumental in tracking these metrics and making calculated investment decisions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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