Suburb Profile Report for Eastwood NSW (2122)

Eastwood House: Median price $1,725,000, Annual capital growth 10.39%, Number of sales 157, Weekly median advertised rent $690

Eastwood Unit: Median price $760,000, Annual capital growth 7.09%, Number of sales 115, Weekly median advertised rent $453

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Eastwood, 2122 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.45%.

Eastwood,2122 has offered an average of 3.45% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Eastwood is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 159th in terms of most discounted suburbs in NSW

Residents and property investors in Eastwood have been waiting around 81.71 days to sell a property.

Eastwood is 1138th on a list of best yielding suburbs for rents in NSW with a 2.08% return

Giving property investors a an unimpressive capital gain of -3.55% for the last year, Eastwood, 2122 is the 1351th highest performer in Australia in this respect.

The five-year average increase in median property values for Eastwood,2122 has given property investors a potential capital gain of 38.75% across each of those five years.

Vendor discounting in Eastwood is giving property investors an average Vendor Discount of around -5.28%. This puts suburb at number 131th in NSW when ranking the most discounted suburbs.

Eastwood, 2122’s gross rental yield is 3.10%

Metrics i HOUSE UNIT
$1,725,000 $760,000
2.99% 1.33%
3.45% -3.55%
10.39% 7.09%
$690 $453
157 115
2.08% 3.10%
81.71 78.55

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (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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