14 The Backwater

Eastwood VIC 3875

The size of Eastwood is approximately 2.3 square kilometres. It has 11 parks covering nearly 21.7% of total area. The population of Eastwood in 2011 was 1,932 people. By 2016 the population was 2,772 showing a population growth of 43.5% in the area during that time. The predominant age group in Eastwood is 0-9 years. Households in Eastwood are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Eastwood work in a professional occupation. In 2011, 77.7% of the homes in Eastwood were owner-occupied compared with 70.9% in 2016.

Eastwood has 1,378 properties. Over the last 5 years, Houses in Eastwood have seen a 52.83% increase in median value, while Units have seen a 51.99% increase. As at 31 October 2024:

• The median value for Houses in Eastwood is $585,746 while the median value for Units is $403,225.
• Houses have a median rent of $500.