Eastwood, 2122 ranked 1063th in NSW when comparing growth in median property values or capital gain over the last 12 months. Eastwood is one of 3163 in our list for NSW
Comparing Eastwood,2122 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -7.26% to buyers in Eastwood at the moment, which is less than average for the rest of NSW.
Over the last year, property investments in Eastwood, 2122 have given investors a capital gain of 12.57%. This compares favourably with the 6.07% for NSW as a whole.
While Eastwood,2122 ranked number 485th in NSW for increase in median house value (annualised) increase, it is ranked 256th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Eastwood, 2122. Typically our figures indicate that -5.27% is being offered, which puts this NSW suburb at 697th most discounted overall in Australia.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 2.97%, without taking into account capital value appreciation, which has been averaging out at 6.71%.