Eastwood Short-Term Rental (Airbnb) Market
Eastwood SA Investment Analysis
BUY
— $861,851 median with 10.6%/yr growth over 5 years.
THE MARKET
Eastwood has compounded at 10.6%/yr over 5 years — a house that cost $520,783 in 2021 is worth $861,851 today. Properties are sitting on market for 41 days (roughly balanced conditions). At the same growth rate, today's median reaches $1,426,290 by 2031.
- **Median house:** $861,851 | **Units:** $455,752 - **Gross yield:** 4.1% | **Net yield:** 2.6% - **5yr price CAGR:** 10.6%/yr | **3yr forecast:** 12.0%/yr - **Population:** 17,552 | **Owner-occupier rate:** 34% | **Affluence:** Very High
- **Supply pipeline:** Moderate — Strong population growth likely attracting new development approvals
RENTAL SNAPSHOT
- **Vacancy:** 3.0% (stable) | **Rental demand:** Moderate - **Median weekly rent:** $675/wk | **Days on market:** 41 (stable) - Tenant market — vacancy elevated, negotiate hard on rent.
SHORT-TERM RENTAL
- **Median nightly rate:** $155/night | **Occupancy:** 64% - **Estimated annual STR gross:** ~$36,208/yr - **vs long-term rent:** $35,100/yr (comparable — LTR offers simpler management)
INFRASTRUCTURE & CATALYSTS
- No major confirmed infrastructure projects on record. - **Transport:** Well-connected inner-city location
BULL CASE
If Eastwood maintains 3%+ annual growth and vacancy stays below 2.1%, median prices could reach $991,129 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Eastwood pull back 10-15% from $861,851, with vacancy rising to 5.0% and rental yields softening as tenants gain leverage.
KEY RISKS
- No significant risk factors identified for this suburb
COMPARABLE MARKETS
- **Adelaide CBD** (SA): $948,000 median, 3.6% yield, 7.7% 1yr growth - **Albert Park** (SA): $880,000 median, 3.7% yield, 13.5% 1yr growth - **Aldinga Beach** (SA): $790,000 median, 4.0% yield, 8.2% 1yr growth
THE PLAY
Eastwood presents a compelling investment opportunity. The combination of solid fundamentals and moderate rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 4.1% and prioritise properties with value-add potential. Consider timing entry around the current growth phase of the market cycle.
- Entry range: $775,666 – $948,036 - Minimum gross yield to target: 4.5% - Watch signal: vacancy dropping below 2% and days on market falling below 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Analyse a Property in Eastwood
Get instant STR rules, granny flat feasibility, rental yield, and full investment strategy comparison for any address in Eastwood.
Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.