Property investors who have had real estate in Eastwood, 2122 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.94%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Eastwood has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Eastwood are currently offering property investors an average price cut of -8.50% below the asking price at the moment.
Renters in Suburb are facing rents around $7560 per annum or $630 every week.
Eastwood has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 1.49% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Eastwood comes in at number 409th in NSW.
Our latest figures would indicate that property sellers in Eastwood are currently offering property investors an average price cut of -6.99% below the asking price at the moment.
Property investors should expect to get $450 weekly from the median priced house in this suburb.