Suburb Profile Report for Eastwood NSW (2122)

Eastwood House: Median price $1,677,900, Annual capital growth 10.34%, Number of sales 157, Weekly median advertised rent $650

Eastwood Unit: Median price $730,000, Annual capital growth 6.88%, Number of sales 101, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

HOUSE UNIT
$1,677,900 $730,000
-0.95% -13.10%
3.57% 5.04%
10.34% 6.88%
$650 $450
157 101
2.01% 3.21%
70.78 78.93

Source: CoreLogic

DSR Score for property investment : Above average (U), Very good (H)
Find a mortgage broker in Eastwood NSW
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
Chart Table
Recent sales & rentals