Eagle Bay (postcode 6281) is a quiet locality in Western Australia within the Busselton local government area. The area has roughly 120 residents and a more retirement-aged population, with a median age of 63. Households earn a median income of $143K per year, with an average household size of 2.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.2% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, community & personal service. Employment in the area leans toward retail trade and accommodation & food. The top ancestries reported are English, Australian, Irish.
Eagle Bay has a median house price of $3.5 million, which has surged by 10.2% year-on-year. The median weekly rent is $650 (Census 2021). This gives a gross rental yield of approximately 1.0%. The median monthly mortgage repayment is $3,754.
On the investment side, Eagle Bay shows a gross rental yield of approximately 1.0%, rated as low yield. Property prices are above the state median ($3.5M/$1.0M), placing it in the premium segment. The price-to-income ratio of 24.5x is considered stretched. House prices have moved +10.2% year-on-year. Population growth of +2.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.