Federal vs Eureka
Eureka (median $1,550,000) is roughly 7% cheaper to buy into than Federal ($1,670,000). Over the past year, Eureka (+3.3%) ran 10.5 percentage points ahead of Federal (-7.2%) on house-price growth.
Buying in Federal or Eureka?
Selling in Federal? The free selling guide
Federal and Eureka side by side
| Measure | Federal | Eureka |
|---|---|---|
| Price and market | ||
| Median house | $1,670,000 | $1,550,000 |
| Median unit | $240,480 | $240,480 |
| House price change, 12 months | -7.2% | +3.3% |
| Renting | ||
| House rent | $620/wk | $620/wk |
| Unit rent | $435/wk | $435/wk |
| Owner occupied | 76.0% | 70.0% |
| Renter occupied | 22.0% | 20.0% |
| Schools | ||
| Schools nearby | 8 | 10 |
| Average ICSEA | 1047 | 1045 |
| Lifestyle and people | ||
| Walk score | 4 | 0 |
| Transit score | 0 | 0 |
| Bike score | 0 | 0 |
| Population | 784 | 353 |
| Median age | 47 | 47 |
| Climate | ||
| Annual rainfall | 1761 mm | 1644 mm |
| Mean max, January | 28.5°C | 28.7°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
Federal scores higher on walkability (4/100 vs 0/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Federal (1047) sits above Eureka (1045).
- For buyers
- Eureka is the lower entry point at $1,550,000 median, 7% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Eureka carries both higher gross yield (2.08% vs 1.93%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
- For families
- Federal edges out on average school ICSEA (1047 vs 1045).
Federal vs Eureka: common questions
Is Federal or Eureka cheaper to buy in?
Eureka has the lower median house price at $1,550,000, roughly 7% below Federal ($1,670,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Federal or Eureka?
Over the past 12 months, Eureka grew +3.3% vs -7.2% in Federal, a gap of 10.5 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 Federal or Eureka have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Federal scores 1047 vs 1045 in Eureka. 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, Federal or Eureka?
Federal scores 4/100 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, Federal or Eureka?
Gross rental yield on houses is 2.08% in Eureka vs 1.93% in Federal. 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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