Suburb Profile
Eastwood - FREE SUBURB PROFILE REPORT POSTAL CODE: SA,5063
Property investments in EASTWOOD fare well against the rest of the country last year, registering a median home price increase of -2.47%.
Based on its average 5-year and quarterly capital gains EASTWOOD, 5063 saw average growth in the long term.
Real estate investors could earn a rental income of $450 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 0.0 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $612,000.
EASTWOOD ranks 255th on the list of best yielding suburbs for rental properties in SA, posting a 3.82% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $612,000 | $590,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.24% | 6.26% |
| Median 12 month | -2.47% | 0% |
| Median 3 years | -16.79% | -4.84% |
| Median 5 years | N/A | 8.86% |
| 10 years average annual | 9.79% | 1.91% |
| Weekly media advert. rent | $450 | $452.5 |
| Time on Market | 0.0 days | 120.3 days |
| Gross Rental Yield Percent | 3.82% | 3.99% |
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