The Eatons Hill property market is on the up-and-up

Eaton’s Hills on the up and up

The graph below shows the Eatons Hill property market is on the up-and-up. This is  illustrated the number of sales on a year by year basis that have taken place in Eaton’s Hill over the last 10 years. The graph to some extent predicts the sales future for the suburb in the coming months.

As you can see, there were around 240 house sales in the January 2004 quarter, is a massive peak. Then came a dramatic fall over the next 6 months to 156 with another sales peak 3 years later in October 2007 of 237. From the 2007 peak we have seen a constant decline in house sales over every quarter to when it bottomed out to 105 in the July quarter of 2012 . This was caused by the G F C that took place in 2008. Confidence has steadily been on the increase with over 143 per quarter for Eaton’s Hill.

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