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Eastwood
VIC, 3875 - East Gippsland

Thinking about buying in Eastwood? Now could not be a better time, with 1446 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $586,000 with prices in this suburb ranging from $98,000 to $2,207,000. The aproximate distance to the coast is 19 Km.

Household Makeup

Median Weekly Rent $362.67
Median Monthly Mortgage $1286.00
Median Persons Per Bedroom 0.70
Average Household Size 2.67
Average Age 53.33
Average Income $605.00
Average Cars Per Dwelling 1.74
Average Properties Within 50M 9

Housing Stock

Average Property Prices

2 Bed  $558,000
3 Bed  $577,000
4 Bed  $695,000
5 Bed  $1,026,000

Eastwood Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Eastwood due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Eastwood changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Eastwood to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Eastwood the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Eastwood

Elders 27 PHOEBES WAY, EASTWOOD, VIC, 3875 Beds3 Bathrooms2 Parking 10 $699,000
LJ Hooker 64 GATEHOUSE DR, EASTWOOD, VIC, 3875 Beds4 Bathrooms2 Parking 4 $800,000 - $850,000
LJ Hooker 17 BLUFF CT, EASTWOOD, VIC, 3875 Beds4 Bathrooms2 Parking 2 $669,500

Local Schools

Lucknow Primary School

Bairnsdale Primary School

Wild Cherry School

Bairnsdale Secondary College

Bairnsdale West Primary School

(While the above schools are located with the suburb of Eastwood there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Eastwood weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.413.626.744.492.84.223.5
Feb1.513.726.048.594.64.219.9
Mar1.812.124.248.694.73.915.8
Apr1.89.321.051.295.23.512.4
May1.26.417.853.093.63.89.1
Jun1.74.315.058.094.43.67.7
Jul1.34.315.152.992.34.08.2
Aug1.34.615.949.192.54.310.6
Sept1.46.018.645.893.54.515.0
Oct2.1820.548.593.94.219.2
Nov2.310.122.647.094.04.322.4
Dec2.112.124.944.893.64.425.0

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

LucknowWy YungEast BairnsdaleBairnsdaleBroadlandsGranite RockEllaswoodNicholsonEagle PointSarsfield

Public Transport


General Points of Interest

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