Suburb Profile Report for Eastwood SA (5063)

Eastwood House: Median price $620,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent $430

Eastwood Unit: Median price $515,000, Annual capital growth 0.44%, Number of sales 11, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report
  • Unit Report

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%.

Metrics i HOUSE UNIT
$620,000 $515,000
2.48% -22.56%
N/A -10.43%
N/A 0.44%
$430 $500
13 11
3.61% 5.05%
N/A 148.08

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
Find a mortgage broker in Eastwood SA
Demographics
Total population 778
Median household income ($/weekly) 1447
Median age of persons 41
Median housing loan repayment ($/monthly) 1900
Average household size 2
  • Census Count Percent(%)
    20-24 years 69 8.9
    25-34 years 124 15.9
    35-44 years 101 13.0
    45-54 years 100 12.9
    55-64 years 102 13.1
    Others 282 36.2
    Age Group
    Census Count Percent(%)
    Not Married 306 53.6
    Registered Married 189 33.1
    Defacto Relationship 76 13.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 523 72.2
    Indonesia 17 2.3
    Ireland 12 1.7
    United Kingdom 46 6.4
    Other 28 3.9
    Others 98 13.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 10 1.4
    Christianity 384 54.9
    Hinduism 14 2.0
    Islam 18 2.6
    No Religion 264 37.7
    Others 10 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 25 7.8
    $1,250-$1,499 25 7.8
    $1,500-$1,999 34 10.6
    $2,000-$2,499 25 7.8
    $2,500-$2,999 59 18.3
    Others 154 47.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 254 40.3
    Not in the labour force 222 35.2
    Employed, worked part-time 109 17.3
    Unemployed, looking for work 25 4.0
    Employed, away from work 21 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 63 16.4
    Professionals 161 41.8
    Community & personal service workers 32 8.3
    Clerical & administrative workers 43 11.2
    Sales 30 7.8
    Others 56 14.5
    Occupation
    Census Count Percent(%)
    Pre-school 10 5.0
    Infants/Primary 42 21.1
    Secondary 36 18.1
    Technical or Further Educational Institution 19 9.5
    University or other Tertiary Institutions 83 41.7
    Others 9 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 339 49.8
    Flat, unit or apartment 246 36.1
    Semi-detached, row or terrace house, townhouse 96 14.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 133 39.8
    Being purchased 101 30.2
    Fully owned 100 29.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals