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Suburb Insights ยท SA 5063

Eastwood 5063, South Australia

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Eastwood is a well-established middle-ring suburb of Adelaide, Australia, with a population of approximately 712, making it a boutique locality. Located 2 km from the Adelaide CBD, Eastwood is a middle ring area in South Australia. The median household income is $98,384 AUD per year (ABS 2021 Census).

Investment Score

72 / 100 Good

Above-average earnings in Eastwood support sustained property values. The short commute to the city centre is a key demand driver.

Location

Map shows Eastwood, South Australia, Australia.

Key Indicators

Postcode
5063

Official Australia Post postcode for Eastwood. A postcode may cover multiple suburbs.

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Population
712

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$400/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$98,384/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
2 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,737/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
33% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Eastwood's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $400/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $1,737/month. The median household income of $98,384/year reflects a solid demographic, supporting sustainable rental demand. With only 33% separate houses, Eastwood has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Solid fundamentals in Eastwood support capital growth over a medium to long hold period.

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Rental Yield

Eastwood can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

Limited buyer depth in Eastwood makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Eastwood property

Full Property Analysis

30-year projections for Eastwood

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

The outlook for capital growth in Eastwood is encouraging heading into 2026, driven by constrained supply and buyer competition. Tenants in Eastwood have options โ€” presenting well-maintained properties is key to minimising vacancy. Eastwood remains on the radar of active property investors in South Australia.

Frequently Asked Questions

Is Eastwood a good suburb for investment?

Eastwood is a middle ring area in South Australia with a population of 712. The median rent is $400/week and the median household income is $98,384/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Eastwood?

Key demand drivers in Eastwood include established amenities and transport access. 33% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Eastwood?

According to the ABS 2021 Census, Eastwood has a population of approximately 712. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Eastwood from the Adelaide CBD?

Eastwood is approximately 2 km straight-line distance from the Adelaide CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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