Eynesbury, Vic

 

Market Overview

 

Eynesbury is located 40km west of Melbourne's Central Business District (CBD). Its local government areas are the Cities of Melton and Wyndham. Suburbs and townships that surround Eynesbury include Exford, Melton, Bacchus Marsh, Werribee and Hoppers Crossing.

 

 

People

Eynesbury’s population is dominated by young and maturing families.

 

Lifestyle

Residents of Eynesbury are just 40 minutes from the CBD, yet surrounded by natural green reserves and forests. They are also just a short drive from Caroline Springs and Hoppers Crossing.

 

Homes

New homes dominate Eynesbury’s housing stock.

Demand & Demographics

 

Population

The nature and size of the local population, both now and in the future, is a key driver of property demand. Better understanding the local population can assist property buyers to make better decisions.

People



  • Total Population

    774

  • Female

    387

  • Male

    387

  • Median Age

    32

Family Composition



  • Families

    237

  • Children per family

    1.8

Occupation



  • Total Employed

    430

  • Top Occupation

    Professionals

  • Top Occupation % Share

    21.8%

Income $/week



  • Personal

    $880

  • Family

    $2,087

  • Household

    $2,122

 

Family composition



  • Couple without Children

    102

  • Couple with Children

    121

  • One Parent Family

    12

Age



  • Top age group

    30-34

  • Top age number

    110

  • Top age group % share

    14.2%

Industry of employment



  • Top Industry

    School education

  • Total Workers (in top industry)

    34

  • Share of Employment

    7.4%

Supply & Dwellings

 

Dwelling Type (number)



  • Detached houses

    263

  • Semi-detached houses

    3

  • Flats, units or apartments

    0

Dwelling tenure (number)



  • Owned outright

    52

  • Owned with a mortgage

    192

  • Rented

    14

Sales Market

 

Property Market Indicator


  • Average days on market

    62

 

Prices


More about this Suburb ?

  • 0.00%

    Median Price Annual Change (10 years)

  • 7.34%

    Price Change (1 Year)

  • $379

    Median Rent per week

  • 4.15%

    Gross Rental Yield

  • 0.00%

    Median Price Annual Change (10 years)

  • 0.00%

    Price Change (1 Year)

  • $0

    Median Rent per week

  • 0.00%

    Gross Rental Yield

 

Rental Market

 

Eynesbury, Vic Rent

$379 PW

Rental Growth and Yield

Gross Rental Yield
4.15%
Change in Rental Rate (1 Year)
-2.77 %
Gross Rental Yield
0.00 %
Change in Rental Rate (1 Year)
0.00 %
Data Disclaimers

Infrastructure, Jobs & Planning

 

Location & Convenience


Distance to

 

Roads & Public transport

 

 

Bus

357 - Wollert West - Thomastown Station via Epping Station

 

Tram

 

Train

 

Roads

Ballan Road
Eynesbury Road

Victorian data sourced from Public Transport Victoria (PTV) and VicRoads
Queensland data sourced from Queensland Government and TransLink

 

Employment Centres

 

The planned Eynesbury Town Centre will include its own shopping centre, commercial offices, community facilities and cafes.

Plan Melbourne, the metropolitan planning strategy, establishes five new sub-regions to achieve a better balance between jobs and population growth across the city. Eynesbury is located in Melbourne's western sub-region.

Places of state significance in the western sub-region with significant implications for employment include:

National employment clusters – Sunshine (emerging), East Werribee (emerging)
Metropolitan activity centres – Sunshine, Toolern (future)
State-significant industrial precincts – Western and identified future industrial precinct
Transport gateway – Essendon Airport
Health and/or education precincts – Sunshine Hospital and Victoria University (St Albans), Werribee Mercy, Melton Health, Victoria University (Sunshine).

Source: Australian Bureau of Statistics (ABS) 2011.