Investment property in Eastwood has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.79%
If we look at median property appreciation over just the last three months, Eastwood has given property investors a paper return of 1.66%. This puts Suburb as 583 on a list of fastest fasting appreciating suburbs in NSW
A $700 per week rent on the median house gives suburb investors a gross yield of circa 2.21%, without taking into account capital value appreciation, which has been averaging out at 8.23%.
Property investors who have had real estate in Eastwood, 2122 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.16%
Eastwood,2122 has offered an average of 7.16% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Eastwood are currently offering property investors an average price cut of -7.76% below the asking price at the moment.
Renters in Suburb are facing rents around $23400 per annum or $450 every week.