Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Eureka are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Eureka classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Eureka requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
|3A HAFEY CT, EUREKA, VIC, 3350||2||1||1||$420,000|
|15 EUREKA GDNS, EUREKA, VIC, 3350||3||1||1||$460,000-$490,000|
Eureka Public School(While the above schools are located with the suburb of Eureka there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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