OFF MARKET

2/5 The Backwater
Eastwood VIC 3875

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 152m2
Land area: 426m2
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Property Details for 2/5 The Backwater, Eastwood

2/5 The Backwater, Eastwood is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 426m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in November 2005.

Building Type
Unit
Year Built
2005
Floor Size
152m2
Land Size
426m2
Local Government
East Gippsland
Lot/Plan
2/PS542281

Property History for 2/5 The Backwater, Eastwood, VIC 3875

A timeline of how this property has performed in the market
Last Sold
$272,500
09 Nov 2005
  • 09 Nov 2005
    Sold for $272,500

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About Eastwood 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 1,377 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.
There are currently 13 properties listed for sale, and 1 property listed for rent in Eastwood on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Eastwood.

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