Suburb Profile Report for Eastwood NSW (2122)

Eastwood House: Median price $1,818,000, Annual capital growth 10.47%, Number of sales 175, Weekly median advertised rent $710

Eastwood Unit: Median price $746,000, Annual capital growth 6.28%, Number of sales 121, Weekly median advertised rent $460

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 8.16% for the last year, Eastwood, 2122 is the 1847th highest performer in Australia in this respect.

A 101.78% growth in median value for property investors in Eastwood,2122 puts this suburb at number 891th in terms of best performing suburbs in NSW

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.22% offered to property buyers. Sellers in Eastwood itself are offering an average vendor discount of -4.80% to real estate investors.

At number 1751 in a list of fastest selling suburbs, Eastwood is just in the top half of suburbs in Australia with an average of days on market 71.94 for properties listed there.

Renters in Suburb are facing rents around $8520 per annum or $710 every week.

Property value increases in Eastwood have tracked lower than the NSW average of 8.63% over the last 12 months.

Over the longer term, Eastwood has seen property prices show investors a 20.23% return over the last 3 years. This is worse than over the last 12 months

At number 206th of NSW’s most discounted properties, Eastwood is in the middle of the state/territory when listing in order of most discounted to least.

On average over the past year, suburb has had 10.08 sales per month, which equates to 121 per year.

Metrics i HOUSE UNIT
$1,818,000 $746,000
1.00% -6.81%
8.16% -15.42%
10.47% 6.28%
$710 $460
175 121
2.03% 3.21%
71.94 66.55

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 16193
Median household income ($/weekly) 1327
Median age of persons 37
Median housing loan repayment ($/monthly) 2167
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1740 10.7
    25-34 years 2339 14.4
    35-44 years 2077 12.8
    45-54 years 2409 14.9
    55-64 years 1790 11.1
    Others 5839 36.1
    Age Group
    Census Count Percent(%)
    Registered Married 6600 51.8
    Not Married 5693 44.6
    Defacto Relationship 458 3.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 7014 45.6
    Croatia 3016 19.6
    India 868 5.6
    Lebanon 1092 7.1
    Other 730 4.7
    Others 2649 17.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 1097 7.4
    Christianity 8301 55.8
    Hinduism 479 3.2
    Islam 201 1.3
    No Religion 4657 31.3
    Others 154 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 434 8.6
    $600-$799 412 8.2
    $1,000-$1,249 410 8.2
    $1,500-$1,999 523 10.4
    $2,500-$2,999 469 9.3
    Others 2781 55.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 5072 39.1
    Employed, worked full-time 4651 35.9
    Employed, worked part-time 2281 17.6
    Unemployed, looking for work 545 4.2
    Employed, away from work 407 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 917 12.5
    Professionals 2491 34.0
    Technicians & trades workers 763 10.4
    Clerical & administrative workers 1170 15.9
    Sales 643 8.8
    Others 1353 18.4
    Occupation
    Census Count Percent(%)
    Pre-school 229 4.8
    Infants/Primary 1122 23.7
    Secondary 1077 22.8
    Technical or Further Educational Institution 426 9.0
    University or other Tertiary Institutions 1715 36.3
    Others 160 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10283 66.9
    Flat, unit or apartment 2909 18.9
    Semi-detached, row or terrace house, townhouse 2182 14.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1985 36.4
    Rented 1730 31.8
    Being purchased 1708 31.4
    Other tenure type 24 0.4
    Tenure Type
Census 2011, ABS
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