Eastwood · Suburb / Locality

Housing & Dwellings in Eastwood

Where and how people live — the homes, how they are held, and what they cost.

Nearly half of all homes in Eastwood are owned outright, making it a place with very high rates of full ownership. This stands in stark contrast to the national figure, with 47.7% of households owning their home without a mortgage. The area is mostly made up of large, separate houses.

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📍 Eastwood, Suburb / Locality

Where Eastwood sits — Median rent (weekly)

$370 ▲ +29.8%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Eastwood — higher than 76% of areas.

Median rent (weekly) compared with the state and national average
Eastwood$370
3875, VIC $280
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

The typical monthly mortgage payment of $1,417 is well below the state and national figures. In contrast, weekly rent is much higher than most similar areas, though it sits at $370, which is about the same as the figures for Victoria and Australia.

$370 ▲ +29.8%

Higher than 76% of suburb / locality areas.

  • 2011: $285
  • 2016: $330
  • 2021: $370

Median weekly rent paid by households renting their home.

$1,417 ▼ -6.6%

Lower than 64% of suburb / locality areas.

  • 2011: $1,517
  • 2016: $1,560
  • 2021: $1,417

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Eastwood, $350–$549 is the majority at 66%; $200–$349 is next at 30%.

Monthly mortgage distribution

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In Eastwood, $1,000–$1,799 is the majority at 53%; Under $1,000 is next at 23%.

Owning & renting

How homes are owned or rented.

Home ownership is very strong here, with 47.7% of homes owned outright, which is far above the state and national rates. Renting is far less common than across the country, with only 15.7% of households renting.

15.7% ▼ -15.0%

Lower than 53% of suburb / locality areas.

  • 2011: 18.5%
  • 2016: 18.1%
  • 2021: 15.7%

Share of occupied private dwellings that are rented.

47.7% ▲ +42.7%

Higher than 69% of suburb / locality areas.

  • 2011: 33.4%
  • 2016: 37.6%
  • 2021: 47.7%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Eastwood, the largest group is Owned outright at 48%, followed by Owned with a mortgage (29%) and Rented (16%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 87.1% of the local market, far above the national average. Most of these are large, with 84.4% of homes having three or more bedrooms, although there are slightly fewer people per bedroom than in most other areas.

0.70 ▼ -30.0%

Lower than 86% of suburb / locality areas.

  • 2011: 1.00
  • 2016: 0.80
  • 2021: 0.70

Average number of usual residents per bedroom — a crowding measure.

87.1% ▼ -8.5%

Lower than 73% of suburb / locality areas.

  • 2011: 95.2%
  • 2016: 94.2%
  • 2021: 87.1%

Share of occupied private dwellings that are separate houses.

84.4% ▼ -7.6%

Higher than 63% of suburb / locality areas.

  • 2011: 91.3%
  • 2016: 81.1%
  • 2021: 84.4%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Eastwood, Separate house is the majority at 87%; Townhouse / semi-detached is next at 13%.

Bedrooms per home

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In Eastwood, the largest group is 3 bedrooms at 44%, followed by 4 bedrooms (38%) and 2 bedrooms (15%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Eastwood

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Eastwood [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20836/eastwood/topic/housing-dwellings