Eureka vs Clunes
Clunes (median $1,175,150) is roughly 24% cheaper to buy into than Eureka ($1,550,000). Over the past year, Eureka (+3.3%) ran 10.6 percentage points ahead of Clunes (-7.3%) on house-price growth.
Buying in Eureka or Clunes?
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Eureka and Clunes side by side
| Measure | Eureka | Clunes |
|---|---|---|
| Price and market | ||
| Median house | $1,550,000 | $1,175,150 |
| Median unit | $240,480 | $240,480 |
| House price change, 12 months | +3.3% | -7.3% |
| Renting | ||
| House rent | $620/wk | $620/wk |
| Unit rent | $435/wk | $435/wk |
| Owner occupied | 70.0% | 76.0% |
| Renter occupied | 20.0% | 23.0% |
| Schools | ||
| Schools nearby | 10 | 10 |
| Average ICSEA | 1045 | 1044 |
| Lifestyle and people | ||
| Walk score | 0 | 16 |
| Transit score | 0 | 0 |
| Bike score | 0 | 0 |
| Population | 353 | 907 |
| Median age | 47 | 43 |
| Climate | ||
| Annual rainfall | 1644 mm | 1464 mm |
| Mean max, January | 28.7°C | 29.2°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Clunes scores higher on walkability (0/100 vs 16/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Eureka (1045) sits above Clunes (1044).
- For buyers
- Clunes is the lower entry point at $1,175,150 median, 24% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Clunes delivers the better gross yield (2.74% vs 2.08%), but Eureka has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- Eureka edges out on average school ICSEA (1045 vs 1044). Clunes also has a higher family-household share (77% vs 66%), so the catchment community skews family-heavy.
Eureka vs Clunes: common questions
Is Eureka or Clunes cheaper to buy in?
Clunes has the lower median house price at $1,175,150, roughly 24% below Eureka ($1,550,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Eureka or Clunes?
Over the past 12 months, Eureka grew +3.3% vs -7.3% in Clunes, a gap of 10.6 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Eureka or Clunes have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Eureka scores 1045 vs 1044 in Clunes. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Eureka or Clunes?
Clunes scores 16/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Eureka or Clunes?
Gross rental yield on houses is 2.74% in Clunes vs 2.08% in Eureka. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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