Thinking about buying in Eastwood? Now could not be a better time, with 797 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $991,000 with prices in this suburb ranging from $331,000 to $2,721,000. The aproximate distance to the coast is 10 Km.
Median Weekly Rent | $394.29 |
Median Monthly Mortgage | $2021.43 |
Median Persons Per Bedroom | 0.86 |
Average Household Size | 2.00 |
Average Age | 42.00 |
Average Income | $977.43 |
Average Cars Per Dwelling | 1.52 |
Average Properties Within 50M | 40 |
1 Bed  $564,000 |
2 Bed  $732,000 |
3 Bed  $1,387,000 |
4 Bed  $1,571,000 |
5 Bed  $1,420,000 |
Consistent high demand relative to supply is a key feature in Eastwood driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Eastwood ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Eastwood classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Eastwood requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
unit 22, 207 greenhill rd, eastwood, sa, 5063 | 3 | 2 | 2 | Expression of Interest by 05 Aug 12.00pm (USP) |
St Raphael's School
Parkside Primary School
St Patrick's Special School
Sunrise Christian School Fullarton
Glenunga International High School
Rose Park Primary School
Gilles Street Primary School
Saint Spyridon College
Pulteney Grammar School
Christian Brothers' College
(While the above schools are located with the suburb of Eastwood there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 13.1 | 25.2 | 37.4 | 86.6 | 3.0 | 26.1 |
Feb | 1.3 | 13.1 | 24.6 | 39.3 | 85.7 | 2.9 | 23.3 |
Mar | 1.6 | 11.1 | 21.2 | 47.3 | 91.2 | 2.7 | 17.8 |
Apr | 2.0 | 10.3 | 18.2 | 51.8 | 89.4 | 2.6 | 13.2 |
May | 3.7 | 7.8 | 13.1 | 65.2 | 92 | 2.9 | 9.0 |
Jun | 4.2 | 5.8 | 10.5 | 71.6 | 94.1 | 3.1 | 8.4 |
Jul | 4.2 | 5.1 | 9.9 | 70.9 | 95.2 | 3.6 | 8.2 |
Aug | 3.9 | 5.1 | 10.5 | 66.5 | 95.1 | 3.7 | 10.4 |
Sept | 3.6 | 6.5 | 13.8 | 54.3 | 93.2 | 3.6 | 15.1 |
Oct | 2.2 | 8.0 | 17.2 | 47.3 | 90.3 | 3.2 | 20.8 |
Nov | 1.3 | 9.2 | 19.7 | 42.3 | 91.6 | 2.8 | 24.8 |
Dec | 1.1 | 11.8 | 23.6 | 36.0 | 83.7 | 2.8 | 27.4 |
source: Australian Government Bureau of Meteorology
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