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Eastwood, NSW 2122

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$2,710,000

market range $2.6M-$2.9M

Median Unit

$775,000

market range $750K-$825K

Gross Yield (units)

4.5%

1yr Growth (houses)

-1.4%

market range -7.5% to +10.0%

Investment snapshot for Eastwood

Eastwood has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Eastwood market and investor summary

In Eastwood, NSW 2122, the median house sells for around $2.7M. House prices have moved -1.4% over the past year. At 1.6% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 1.6% and a resident base that is not shrinking.

Living in Eastwood: people, income and schools

About 18,695 people live in Eastwood, and the area has been growing steadily, up about 11% over five years. At a median age of 39, it reads as broadly working-age, and families account for 75% of households.

The typical household income runs to around $101,000 a year (about $1,950 a week). On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 26.8 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 34% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

Families have 69 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Eastwood sits about 15 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 64 for walkability and 87 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).

Population
18,695
+11% over 5yr
Median age
39 years
Median household income
$101,000/yr
Households renting
39%
Family households
75%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
69
avg ICSEA 1110
Unemployment
3.4%
Distance to CBD
15 km
Walk score
64/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Eastwood

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Frequently asked questions about Eastwood

What should I check before investing in Eastwood?

Eastwood has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.5% gives a usable rent-to-price starting point. Tight rental market (1.6% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Eastwood?

The median property price in Eastwood, NSW 2122 is $2.7M for houses and $775K for units.

What rental yield does Eastwood show?

The gross rental yield in Eastwood is 4.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Eastwood?

House prices in Eastwood are down 1.4% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Eastwood?

The current vacancy rate in Eastwood is 1.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Eastwood?

Eastwood has a population of approximately 18,695 residents, with a median age of 39.

What schools are near Eastwood?

There are 69 schools within roughly 5km of Eastwood. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Eastwood affordable to buy in?

A median house in Eastwood costs about 26.8 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Eastwood's population growing?

The population of Eastwood has grown about 11% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Eastwood from the CBD?

Eastwood is about 15 km from the CBD.

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