At number 2168th in the list of Australian suburbs ordered by increase in median house value over the last year, Eastwood, 2122 is in the BOTTOM 50% with a property value increase of 3.57% recorded in median house prices.
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.
Property buyers and investors in Eastwood 2122 should be seeing an average reduction in asking price of around -8.48% . This means that Eastwood is holding prices well when compared to other suburbs in NSW.
In the last year 157 properties changed hands in Eastwood, which puts it as the 103th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $650 mark per week – giving a return of 2.01% based on the median price in Suburb
With a capital gain of 5.04% for the last 12 months, Eastwood, 2122 has performed for property investments than its average annual 6.88% property growth over the last 5 years.
The five-year average increase in median property values for Eastwood,2122 has given property investors a potential capital gain of 32.73% across each of those five years.
Property buyers and investors in Eastwood 2122 should be seeing an average reduction in asking price of around -6.13% . This means that Eastwood is holding prices well when compared to other suburbs in NSW.
The NSW suburb of Eastwood, 2122 is in the Ryde local government area.