At number 628th in the list of Australian suburbs ordered by increase in median house value over the last year, Eastwood, 2122 is in the top 20% with a property value increase of 13.49% recorded in median house prices.
Eastwood,2122 was ranked 1360 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Eastwood are currently offering property investors an average price cut of -8.38% below the asking price at the moment.
Situated 14.39km from the CBD, Eastwood is one of Ryde localities in the postcode 2122.
If you compare the increase in value of investment property in Eastwood, 2122 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.80%.
Over the longer term, Eastwood has seen property prices show investors a 23.94% return over the last 3 years. This is worse than over the last 12 months
Eastwood, 2122 is offering NSW ‘s 35th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.
With the median price for a house in Eastwood being $730000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.21%