Pagewood

POSTAL CODE: NSW, 2035
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A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 5.97% growth over a ten-year period. It ranks 2726th on our list of suburbs that property investors should look into.

PAGEWOOD, 2035 has a capital gain of -0.93% for the past year, which is lower than average compared to its 45.21% growth within a five-year period.

With the median home price in PAGEWOOD sitting at $2,650,000, and the average rent at $1200, property owners could potentially earn a 2.35% increase in gross rental yield.

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

PAGEWOOD, 2035 in NSW belongs to the local government area of Bayside (NSW).

Surburb overview

Pagewood is a quiet, family-oriented suburb located approximately 8 kilometres south-east of the Sydney Central Business District. It is part of the Bayside Council Local Government Area and is known for its peaceful residential streets, large parks, and proximity to major shopping centres and recreational facilities.

According to the latest Census data, the suburb has a population of around 3,805. The median age of residents is 40, reflecting a community of families, established professionals, and older couples. Pagewood’s housing landscape predominantly comprises freestanding homes with extensive gardens, many of which are post-war brick houses, giving the area a classic suburban feel. Recent developments have also introduced some modern townhouses and apartment complexes, catering to a growing demand for housing.

Public transport in Pagewood is primarily serviced by buses, with several routes connecting the suburb to the Sydney CBD, Bondi Junction, and surrounding areas such as Eastgardens, Kingsford, and Maroubra. While there is no direct train or light rail service, the frequent buses offer convenient access to key destinations. Pagewood’s location near major roads such as Southern Cross Drive and Botany Road makes it easily accessible by car, with quick routes to the city and Sydney Airport.

One of Pagewood’s key features is its proximity to Westfield Eastgardens, one of Sydney’s largest shopping centres. Located just a short drive or walk from the heart of Pagewood, Westfield Eastgardens offers a wide range of retail outlets, supermarkets, dining options, and entertainment venues, providing residents with convenient access to everything from daily essentials to leisure activities. For additional shopping and services, nearby Maroubra Junction also offers a variety of shops and amenities.

Bonnie Doon Golf Club, located in the suburb, is one of the area’s most prestigious golf courses and provides a tranquil escape for golf enthusiasts. Mutch Park and Jellicoe Park are popular local parks, offering sports fields, playgrounds, and walking paths for families and outdoor enthusiasts. These parks contribute to Pagewood’s relaxed, community-focused atmosphere.

The suburb is also close to several educational institutions, making it a convenient choice for families. Local schools include Pagewood Public School and St Agnes Catholic Primary School, with additional options in nearby suburbs. The University of New South Wales (UNSW) is just a short drive away, attracting students and staff to the area.

While Pagewood has no beachside location, its proximity to Maroubra Beach and Coogee Beach means that residents can easily enjoy Sydney’s famous coastal lifestyle. Both beaches are within a short drive or bus ride, providing opportunities for swimming, surfing, and relaxing by the ocean.

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