Eastwood is a well-established suburb in New South Wales within the Ryde local government area (postcode 2122). With a population of 18,695, the suburb has an established demographic with a median age of 39. Households earn a median income of $101K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Eastwood is $2.7 million, having dipped slightly 1.2% over the past year. Units have a median price of $788,000 (-1.6% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,730.
Eastwood is served by 7 schools, including 5 primary, 2 secondary. The average ICSEA score is 1120, which is well above the national average of 1,000. Public transport access includes 89 bus stops. The crime rate in the Ryde LGA is below average at 2,038 incidents per 100,000 population.
From an investment perspective, Eastwood offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 27.0x is considered stretched. House prices have moved -1.2% year-on-year.
Eastwood is a well-established suburb in New South Wales within the Ryde local government area (postcode 2122). With a population of 18,695, the suburb has an established demographic with a median age of 39. Households earn a median income of $101K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Eastwood is $2.7 million, having dipped slightly 1.2% over the past year. Units have a median price of $788,000 (-1.6% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,730.
Eastwood is served by 7 schools, including 5 primary, 2 secondary. The average ICSEA score is 1120, which is well above the national average of 1,000. Public transport access includes 89 bus stops. The crime rate in the Ryde LGA is below average at 2,038 incidents per 100,000 population.
From an investment perspective, Eastwood offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 27.0x is considered stretched. House prices have moved -1.2% year-on-year.