Eurongilly NSW Property Investment

Eurongilly has compounded at 4.1%/yr over 5 years. Median sits in the $545,000–$694,000 (sources disagree, range shown — do NOT quote a single number) band today. Properties are sitting on market for 45 days (roughly balanced conditions).

• Median house: $545,000–$694,000 (sources disagree, range shown — do NOT quote a single number) | Units: $0
• Gross yield: 4.0% | Net yield: 2.5%
• 5yr price CAGR: 4.1%/yr | 3yr forecast: 3.7%/yr
• Population: 91 | Owner-occupier rate: 68% | Affluence: Low

• Supply pipeline: Moderate — Development activity consistent with long-term averages

• Vacancy: 3.0% (stable) | Rental demand: Moderate
• Median weekly rent: $420/wk | Days on market: 45 (stable)
• Tenant market — vacancy elevated, negotiate hard on rent.

• Median nightly rate: $463/night | Occupancy: 40%
• Estimated annual STR gross: ~$67,534/yr
• vs long-term rent: $21,840/yr (+209% STR premium — factor in higher management costs)

• HumeLink Transmission Line (Under Procurement)
• Transport: Standard suburban transport access

If Eurongilly maintains 3%+ annual growth and vacancy stays below 2.1%, median prices could reach $626,750 within 3 years with yields compressing slightly as capital values rise.

A market correction or interest rate shock could see prices in Eurongilly pull back 10-15% from $545,000, with vacancy rising to 5.0% and rental yields softening as tenants gain leverage.

• Distance from CBD may limit long-term capital growth potential

• Hat Head (NSW): $678,789 median, 3.6% yield, 37.5% 1yr growth
• Aldavilla (NSW): $591,435 median, 4.2% yield, 3.4% 1yr growth
• Dondingalong (NSW): $607,500 median, 4.1% yield, -8.5% 1yr growth

Eurongilly offers balanced fundamentals but does not present an urgent buying signal. The market is in a cooling phase with moderate vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.5%.

• Entry range: $490,500 – $599,500
• Minimum gross yield to target: 4.5%
• Watch signal: vacancy dropping below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.