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Eastwood
AREA REPORTS

Eastwood

Eastwood - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2122

house
unit

Property investors enjoyed capital gains of 31.58% over the last 12 months in EASTWOOD, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 10.84% growth over a ten-year period. It ranks 3951st on our list of suburbs that property investors should look into.

EASTWOOD, 2122 has a capital gain of 31.58% for the past year, which is higher than average compared to its 38.89% growth within a five-year period.

With the median home price in EASTWOOD sitting at $2,375,000, and the average rent at $700, property owners could potentially earn a 1.53% increase in gross rental yield.

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

EASTWOOD, 2122 in NSW belongs to the local government area of Ryde (C).

Data report can be found below

Eastwood
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,375,000 $828,000
GROWTH REPORT
Median Quarterly 9.45% -7.38%
Median 12 month 31.58% 1.1%
Median 3 years 39.71% 2.48%
Median 5 years 38.89% -1.02%
10 years average annual 10.84% 4.6%
Weekly media advert. rent $700 $400
Time on Market 55.8 days 60.8 days
Gross Rental Yield Percent 1.53% 2.51%
demographics (median values)*
Total Population
31160
Weekly Household Income
1645
Household Size
2.80
Age
36
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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