All About Eastwood, Burnside, SA, 5063

Eastwood in Burnside, South Australia, offers a unique blend of suburban charm and urban convenience, making it an attractive location for many homebuyers. The housing market in Eastwood is characterized by its variety of properties, from charming period homes to modern townhouses. With its tree-lined streets and well-maintained gardens, Eastwood provides a picturesque setting that appeals to families, professionals, and retirees alike. As of recent reports, the demand for properties in Eastwood has remained steady, contributing to a competitive market where homes tend to sell relatively quickly. Despite the strong demand, Eastwood continues to offer good value for money compared to some other parts of the Burnside area, making it an appealing option for those looking to invest in a desirable suburb.

Living in Eastwood offers residents access to a host of amenities and an enviable quality of life. The suburb's proximity to Adelaide’s central business district means that commuting is convenient, with a range of public transport options and easy access to major roads. Residents enjoy a vibrant community atmosphere, supported by local parks, recreational facilities, and a number of well-regarded schools. The area’s close-knit community is often seen at Eastwood Community Centre, which hosts various events and activities throughout the year. Additionally, Eastwood is known for its rich heritage and leafy environment, which provides a peaceful retreat from the hustle and bustle of city life, all while maintaining close connections to the best that Adelaide has to offer.

Eastwood Real Estate Market Outlook

Thinking about buying in Eastwood? Now could not be a better time, with 797 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $991,000 with prices in this suburb ranging from $331,000 to $2,721,000. The aproximate distance to the coast is 10 Km.

Consistent high demand relative to supply is a key feature in Eastwood driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Eastwood ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Eastwood classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Eastwood requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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