Question 1

Is Eastwood a nice place to live?

Accepted Answer

Eastwood is a compact inner-southern Adelaide suburb with a quietly residential, leafy character. Its streets are lined with period cottages and bungalow-style homes, many set behind established gardens, with pockets of contemporary infill that respect the original streetscape. Small parks, mature trees and a neighbourly calm sit alongside easy access to nearby shopping and café strips in adjoining suburbs, and it is a short drive or public transport trip from the city.

Home to 712 people with a median age of 48, the community is weighted towards couple households — together couple families with and without children represent about 86% of families — and roughly two in three homes are owner-occupied (64.5%) while 35.6% are rented. The City of Burnside precinct plan is guiding local streetscape, traffic and active-transport work, council has moved to further community engagement on alternative traffic measures near Main Street Reserve, and a playground upgrade with co-design workshops is planned. The suburb also contains the SA Ambulance Service corporate office and Emergency Operations Centre, and SAAS is planning a new precinct there. Whether Eastwood suits you comes down to how much you value character housing close to urban amenities.

Question 2

Is it expensive to live in Eastwood?

Accepted Answer

Rental costs give the clearest picture for Eastwood (SA 5063) against local incomes recorded at the most recent Census. With a typical household income of $1,892 a week at the last Census, an average house rent of $630 a week would take about 33.3% of that weekly income, while an average unit rent of $730 a week would take about 38.6%. Both figures are a sizeable share of a typical local household's income, and units here take a larger share than houses, so if you are renting those rent shares are the most relevant numbers.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Eastwood a good place to invest?

Accepted Answer

Unit rents in Eastwood climbed 23.1% over the past 12 months, a strong rise, while house rents fell 8.7% over the same period, a solid decline. For someone weighing Eastwood up as an investment, the rent a unit earns has been the stronger performer this year, and rental income from houses has eased.

Which of those outcomes matters to you depends on your investment goals and personal circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	7	4
Median days on market Past 12 months	56	N/A
Average rent Past 12 months	$630	$730
Change in rent Past 12 months	-8.7%	23.1%

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