Homewise logoHomewise
Back to Suburb Insights

Eastwood Suburb Insights

VIC
Location Information

Suburb Name

Eastwood, VIC

Distance from CBD

10 km
Demographics

Population

17,865

Median Income

$30,368

Area Information

Area

5.19 km²

Population Density

3442 people/km²

Property Market

Median Price

$736,862

Annual Growth

+5.2%
Property Price Trend Analysis

Current Median Price

$736,862

Annual Growth

+5.2%

Quarterly Growth

+3.3%

Price Trends - Last 6 Months

2024-01

$499,628

+4%
2024-02

$644,663

+7%
2024-03

$691,017

+11.4%
2024-04

$492,702

+11.6%
2024-05

$1,081,757

+17.6%
2024-06

$1,136,146

+12.1%
Property Type Price Analysis
House

Median Price

$875,308

Growth Rate

+7.7%

Available Listings

412 properties

Apartment

Median Price

$657,033

Growth Rate

+16.1%

Available Listings

400 properties

Townhouse

Median Price

$457,680

Growth Rate

+9.6%

Available Listings

277 properties

Investment Potential Assessment
Investment Advantages
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy