Eastwood is a small community in South Australia within the Burnside local government area (postcode 5063). With a population of 712, the suburb has a mature demographic with a median age of 48. Households earn a median income of $98K per year, with an average household size of 1.9 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Eastwood is $1.4 million, having increased 4.5% over the past year. The current median weekly rent is $668. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,737.
Public transport access includes 4 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Burnside LGA is higher than average at 9,551 incidents per 100,000 population.
From an investment perspective, Eastwood offers a gross rental yield of 2.5%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 14.1x is considered stretched. House prices have moved +4.5% year-on-year.
Eastwood is a small community in South Australia within the Burnside local government area (postcode 5063). With a population of 712, the suburb has a mature demographic with a median age of 48. Households earn a median income of $98K per year, with an average household size of 1.9 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Eastwood is $1.4 million, having increased 4.5% over the past year. The current median weekly rent is $668. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,737.
Public transport access includes 4 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Burnside LGA is higher than average at 9,551 incidents per 100,000 population.
From an investment perspective, Eastwood offers a gross rental yield of 2.5%, rated as low yield. Property prices are above the state median ($1.4M/$950K), placing it in the premium segment. The price-to-income ratio of 14.1x is considered stretched. House prices have moved +4.5% year-on-year.