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Eastlakes
AREA REPORTS

Eastlakes

Eastlakes - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2018

house
unit

Based on its average 5-year and quarterly capital gains EASTLAKES, 2018 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that EASTLAKES, 2018 obtained a 7.8% growth over a ten-year period. It ranks 567th on our list of suburbs that property investors should look into.

EASTLAKES, 2018 in NSW belongs to the local government area of Botany Bay (C).

EASTLAKES, 2018 has a capital gain of 2.07% for the past year, which is lower than average compared to its 24.22% growth within a five-year period.

With the median home price in EASTLAKES sitting at $1,602,500, and the average rent at $690, property owners could potentially earn a 2.24% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in EASTLAKES are low, as opposed to average gains per annum over the past five years.

Data report can be found below

Eastlakes
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,602,500 $605,000
GROWTH REPORT
Median Quarterly 3.39% 1.68%
Median 12 month 2.07% 0.83%
Median 3 years 2.72% -2.42%
Median 5 years 24.22% 6.33%
10 years average annual 7.8% 4.76%
Weekly media advert. rent $690 $385
Time on Market 0.0 days 43.5 days
Gross Rental Yield Percent 2.24% 3.31%
demographics (median values)*
Total Population
17028
Weekly Household Income
1500
Household Size
2.50
Age
34
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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