VIC · 3878

Eagle Point

Suburb profile, market snapshot and recent listings for Eagle Point, VIC 3878.

Eagle Point, VIC 3878

About Eagle Point

Welcome to Eagle Point

Eagle Point sits on the northern edge of the Gippsland Lakes, in East Gippsland, a few kilometres inland from the busier lakeside town of Paynesville and roughly a three-hour drive east of Melbourne's CBD. It's a small, quiet community built around water views, boating access and a slower pace of life, rather than shops and traffic.

With a population of just over 1,300 and a median age of 59, Eagle Point suits retirees, tree-and-sea-changers and holiday-home buyers far more than young families chasing a busy social calendar. It's the kind of place people move to for the lake, the fishing and the space, and stay for the quiet.

Lifestyle & dining

Life in Eagle Point revolves around the water. The town backs onto the Gippsland Lakes system, with boat ramps, jetties and views over toward Newlands Arm and Raymond Island giving residents easy access to fishing, boating and kayaking without the crowds of the bigger lakeside centres. It's a low-key existence, with most day-to-day socialising, cafes and pubs found a short drive away in Paynesville, which has developed into the area's hub for waterfront dining and casual meals overlooking the lake.

Shopping & getting around

For everyday shopping, groceries and specialty stores, residents typically head into Paynesville, which offers a fuller strip of shops than Eagle Point itself. The larger regional centre of Bairnsdale, with its supermarkets, medical facilities and train link, is also within easy reach for bigger shopping trips or connections further afield.

Eagle Point is a car-dependent community, connected by road to Paynesville, Bairnsdale and on to the Princes Highway network. There's no train station in town, so most residents rely on driving, with Bairnsdale the nearest point to pick up regional bus and rail services toward Melbourne.

Schools & families

Eagle Point Primary School serves the local area, giving younger families in the town a genuine local option for primary schooling without having to travel. Given the suburb's older median age of 59, though, family numbers are relatively modest, and most secondary schooling options are found in Paynesville or Bairnsdale, both a short drive away.

Parks & recreation

The main drawcard here is the Gippsland Lakes themselves, offering swimming, fishing, boating and simply enjoying the water views that define the area. Raymond Island, reachable via a short ferry crossing from Paynesville, adds another outdoor drawcard nearby, known for its koala population and walking tracks, while Newlands Arm offers further quiet waterside scenery close to home.

Housing & architecture

Housing in Eagle Point is understated and low-density, in keeping with the town's small population and rural-residential feel. Current listings show a mix weighted toward land (54%), with established houses making up 43% and a small share of townhouses (3%) — a mix that reflects an area still absorbing new development alongside its older housing stock, rather than one dominated by unit blocks or medium-density living.

The property market

Eagle Point's median house price currently sits at $725,000, positioning it as a relatively affordable lakeside option compared with more built-up parts of the Gippsland Lakes region. Recent figures show house prices have pulled back by 6.5%, suggesting a softer patch in what is a thinly traded, small-population market where individual sales can move the median significantly.

For buyers, that combination of land availability, a modest price point and lake proximity makes Eagle Point worth watching, particularly for those planning to build or seeking a quieter alternative to Paynesville at a lower entry price.

Market snapshot

Eagle Point property market

Median price ranks #2,594 of 3,797 suburbs · pricier than 32%

Median sale price

$725k

House · 4 bed

Median rent

per week

Gross rental yield

annual rent ÷ sale price

Typical price range

Entry

$257k

Median

$725k

Premium

$1.18m

Days on market

149

Auction clearance

0%

Sold this year

13

Median sold price trend · House 4 bed

Compound growth +0.3% / yr over 4 yrs

Property types on market

Share of current listings in Eagle Point by dwelling type.

Land54%
House43%
Townhouse3%

Who lives here

Demographics

ABS Census 2021 figures for Eagle Point, VIC 3878.

Population

1,306

residents (2021)

Median age

59

years

Household income

$1,209

median, per week

Median rent

$310

per week

Median mortgage

$1,456

per month

Mortgage / income

28%

comfortable

Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.

Education

Schools in Eagle Point

Government school catchment

Eagle Point Primary School

Prep-6CoEdGovernment
Visit school website →

Recent results

Recently sold in Eagle Point

$655k

19 Houghton Crescent

house4 bd · 2 ba · 2 car

Sold ~July 2026

$285k

9 Maravito Terrace

land

Sold ~June 2026

$539k

1327 Forge Creek Road

house3 bd · 1 car

Sold ~June 2026

$649k

44 Houghton Crescent

house4 bd · 2 ba · 2 car

Sold ~June 2026

$239k

39 Houghton Crescent

land

Sold ~June 2026

Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.

Explore the area

Properties & amenities in Eagle Point

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Compare the area

Price map around Eagle Point

Every listing for sale near Eagle Point, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

CheaperPricier
Eagle PointNearby suburbs

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Common questions

Eagle Point suburb FAQ

What is the median property price in Eagle Point?

The median house price in Eagle Point, VIC is $725k for a 4-bedroom home. Over the past year, median sold prices have fallen about 6.5%.

Is Eagle Point a good place to live?

Eagle Point is a town in Victoria, Australia, in the Shire of East Gippsland, by Lake King. Eagle Point is an established residential suburb in VIC, with a population of around 1,306 and 1 school in the area.

What is the population of Eagle Point?

Eagle Point has a population of 1,306 (ABS 2021 Census), with a median age of 59.

What schools are in Eagle Point?

There is 1 school in or near Eagle Point, including Eagle Point Primary School.

How long do homes take to sell in Eagle Point?

Properties in Eagle Point take around 149 days to sell on average, with an auction clearance rate of about 0%.

How much do you need to buy in Eagle Point?

Entry-level properties in Eagle Point start around $257k, while premium homes reach $1.18m.

What suburbs are near Eagle Point?

Suburbs near Eagle Point include Paynesville, Newlands Arm and Raymond Island.

Available now

Properties in Eagle Point

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For Sale
$675,000
house

Where Modern Living Meets Coastal Ease

28 Houghton Crescent, Eagle Point VIC 3878
424760 m²
OBrien Real Estate Bairnsdale3 months ago
Ask AI about this property
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For Sale
$339,000
land

LIFESTYLE LOCATION

1 Lake Victoria Road, Eagle Point VIC 3878
4013 m²
King & Heath First National Paynesville1 month ago
Ask AI about this property
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For Sale
$225,000
land

PRIME VACANT ALLOTMENT IN EAGLE POINT LANDING ESTATE

49 Houghton Crescent, Eagle Point VIC 3878
862 m²
LJ Hooker Paynesville3 months ago
Ask AI about this property
Image 1
For Sale
$738,661
house

HOUSE & LAND PACKAGE - HAVE YOUR DREAM HOME BUILT BY VICTORIAS LARGEST BUILDER OF STEEL FRAME HOMES

Lot 29B Boyd Court, Eagle Point VIC 3878
422203 m²
JG King Homes3 months ago
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For Sale
$799,000
house

WATERFRONT RESERVE LIVING WITH STUNNING LAKE VIEWS

11 Bay Road, Eagle Point VIC 3878
323627 m²
LJ Hooker Paynesville4 weeks ago
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For Sale
$295,000
land

Green Means Go!

4 Green Court, Eagle Point VIC 3878
684 m²
OBrien Real Estate Bairnsdale1 month ago
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For Sale
$550,000
house

Versatile Living Just Moments from the Water

149 Bay Road, Eagle Point VIC 3878
321664 m²
OBrien Real Estate Bairnsdale3 months ago
Ask AI about this property
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For Sale
$229,000
land

ALLOTMENT IN POPULAR EAGLE POINT LANDING ESTATE

34 Houghton Crescent, Eagle Point VIC 3878
760 m²
LJ Hooker Paynesville3 months ago
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For Sale
$265,000
land

DISCOVER POTENTIAL

1356 Forge Creek Road, Eagle Point VIC 3878
1693 m²
King & Heath First National Paynesville3 months ago
Ask AI about this property
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For Sale
$647,000
house

COASTAL LIFESTYLE

15 White Court, Eagle Point VIC 3878
424769 m²
King & Heath First National Paynesville1 month ago
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For Sale
$449,000
land

BUILD YOUR DREAM HOME BY THE WATER PRIME LAND IN EAGLE POINT

6 Yalca Mews, Eagle Point VIC 3878
1006 m²
Beadle Real Estate3 months ago
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Image 1
For Sale
$174,000
land

Affordable Lakeside Locale

133 Bay Road, Eagle Point VIC 3878
600 m²
OBrien Real Estate Bairnsdale1 month ago
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