Suburb Profile Report for Eastwood NSW (2122)

Eastwood House: Median price $1,523,000, Annual capital growth 7.75%, Number of sales 109, Weekly median advertised rent $700

Eastwood Unit: Median price $690,000, Annual capital growth 6.94%, Number of sales 92, Weekly median advertised rent $460

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Eastwood, 2122 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -17.68%

When looking at the potential capital gains offered to property investors over the last 3 years, Eastwood comes in at number 1222th in NSW.

Eastwood2122 is located in NSW which offers an average discount of -7.34% to property investors. Eastwood itself is showing figures that indicate -11.12% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 9.08 sales per month, which equates to 109 per year.

Property investors should expect to get $700 weekly from the median priced house in this suburb.

Giving property investors a a poor capital gain of -15.85% for the last year, Eastwood, 2122 is the 1366th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Eastwood comes in at number 497th in NSW.

Sellers are offering property buyers an average discount of -6.95% to buyers in Eastwood at the moment, which is less than average for the rest of NSW.

Situated 14.41km from the CBD, Eastwood is one of Ryde (C) localities in the postcode 2122.

Metrics i HOUSE UNIT
$1,523,000 $690,000
-6.56% -7.51%
-17.68% -15.85%
7.75% 6.94%
$700 $460
109 92
2.39% 3.47%
80.2340425531915 85.6458333333333

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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