If we look at median property appreciation over just the last three months, Eastwood has given property investors a paper return of 2.48%. This puts Suburb as 126 on a list of fastest fasting appreciating suburbs in SA
Situated 2.50km from the CBD, Eastwood is one of Burnside localities in the postcode 5063.
Eastwood is in the bottom 20% in SA when comparing median price capital growth over the last year. Eastwood gave property investors a dismal capital gain figure when compared to the rest of the state, with -10.43%.
Vendor discounting in Eastwood is giving property investors an average Vendor Discount of around -6.99%. This puts suburb at number 45th in SA when ranking the most discounted suburbs.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 5.05%, without taking into account capital value appreciation, which has been averaging out at 0.44%.