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Sales Activity
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Population
Population growth drivers in Eastwood are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends
Eastwood's population was approximately 20,035 as of August 2025. This represented an increase of 1,061 people, a 5.6% rise since the 2021 Census, which reported a population of 18,974. The change was inferred from the ABS's estimated resident population of 20,024 in June 2024 and an additional 117 validated new addresses since the Census date. This resulted in a population density ratio of 3,787 persons per square kilometer, placing Eastwood in the top 10% of locations assessed by AreaSearch, indicating high demand for land in the area. Eastwood's growth rate of 5.6% since the census was within 0.8 percentage points of the state's 6.4%, suggesting strong growth fundamentals. Overseas migration contributed approximately 90.0% of overall population gains during recent periods, driving primary population growth for the area.
AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilized NSW State Government's SA2 level projections, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations were applied to all areas for years 2032 to 2041. Based on projected demographic shifts, Eastwood is expected to grow by 3,040 persons to 2041, a total gain of 15.1% over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development activity positions Eastwood among the top 25% of areas assessed nationwide
Eastwood has recorded approximately 171 residential properties granted approval annually. Development approval data is produced by the ABS on a financial year basis, showing 855 homes over the past five financial years from FY21 to FY25, with 30 approved so far in FY26. The average new residents per year per dwelling constructed over these five years is 0.7. This supply meets or exceeds demand, offering greater buyer choice and supporting potential population growth beyond projections.
New dwellings are developed at an average expected construction cost of $551,000. Commercial approvals this financial year total $2.1 million, indicating minimal commercial development activity compared to residential. Eastwood shows 17.0% lower construction activity per person when measured against Greater Sydney and ranks among the 81st percentile nationally in terms of assessed areas. New development consists of 27.0% standalone homes and 73.0% attached dwellings, reflecting a trend towards denser development that appeals to downsizers, investors, and entry-level buyers. This shift contrasts with Eastwood's existing housing composition, which is currently 53.0% houses, suggesting decreasing availability of developable sites and changing lifestyles requiring more diverse, affordable housing options.
Eastwood reflects low density with around 135 people per approval. Population forecasts indicate Eastwood will gain approximately 3,029 residents by 2041. At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.
Frequently Asked Questions - Development
Infrastructure
Eastwood has very high levels of nearby infrastructure activity, ranking in the top 20% nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 27 projects likely impacting the area. Notable projects include Eastwood Shopping Centre Redevelopment, Eastwood Station Improvements, Eastwood Central Precinct Project, and Second Avenue Townhouse Estate. The following list details those most relevant.
Professional plan users can use the search below to filter and access additional projects.
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Frequently Asked Questions - Infrastructure
Ryde Hospital Redevelopment
The Ryde Hospital Redevelopment is a $526.8 million project to expand and refurbish the hospital, delivering a new and expanded Emergency Department, Intensive Care Unit, new theatres, purpose-built ambulatory care centre, paediatric short stay unit, more adult inpatient beds, and expanded medical imaging. It aims to transform healthcare delivery for the Ryde community.
Ryde Hospital Redevelopment
The $526.8 million Ryde Hospital Redevelopment includes expansion and refurbishment of existing hospital facilities with a new six-level Acute Services Building. The project features interim facilities including Intensive Care and Coronary Care Units, new emergency department, intensive care unit, operating theatres, purpose-built ambulatory care centre, paediatric short stay unit, expanded medical imaging, more adult overnight inpatient beds, and multi-storey car park. Construction began in 2024 with interim facilities completed in May 2025 and site preparations for the main Acute Services Building underway. The redevelopment is on track for completion in late 2027. It will transform healthcare delivery for the growing Ryde community, with more than 180,000 people expected to call the area home by 2041.
Sydney Metro West
A new 24-kilometre underground metro railway doubling rail capacity between Greater Parramatta and the Sydney CBD with stations at Westmead, Parramatta, Sydney Olympic Park, North Strathfield, Burwood North, Five Dock, The Bays, Pyrmont and Hunter Street. Provides fast, reliable turn-up-and-go metro services with fully accessible stations, linking new communities to rail services and supporting employment growth and housing supply.
Eastwood Shopping Centre Redevelopment
Demolition of 1970s shopping centre for new mixed-use development by Henbon Australia (Australian branch of Henbon Tianfu Group). Designed by AJC Architects embracing Chinese cultural heritage with JieFang concept. Features 'Eat Street', fresh food market, 441 apartments, and landscaped community spaces.
West Ryde Multi-Sports Facility
Major new multi-sports facility being built on the former Marsden High School site, featuring a 5,000 square metre indoor facility with 4 multipurpose courts, 29 outdoor netball courts, cafe facilities, communal areas and parking for 296 cars. The facility will replace the existing netball courts at Meadowbank Park and provide world-class sporting infrastructure for the growing Ryde community.
Epping Bridge Project
Replacement of the existing 5-lane Epping Bridge with a new 7-lane bridge across the railway line. The $220 million project jointly funded by Australian and NSW governments includes road improvements to Beecroft Road, Blaxland Road, and Epping Road approaches, enhanced pedestrian/cyclist facilities with shared walking and cycling path, traffic signal upgrades, and new safety screens to reduce congestion and improve safety for over 63,000 daily users. Construction expected to commence mid-2025 and take approximately 5 years to complete.
Eastwood Central Precinct Project
Development of a new multi-storey carpark at Glen Reserve to replace the aging Glen Street Carpark, with future plans for civic uses including library and plaza. Includes flood mitigation through detention tank installation.
Eastwood Masterplan
City of Ryde is preparing a masterplan to guide the future of Eastwood town centre, including upgrades to public spaces, higher quality development, heritage protection, flooding solutions and infrastructure to support growth. Early engagement ran in April-May 2024; Council considered outcomes on 23 July 2024 and endorsed next steps for technical studies and drafting. Draft masterplan is anticipated for public exhibition in the second half of 2025 before adoption.
Employment
The labour market in Eastwood demonstrates typical performance when compared to similar areas across Australia
Eastwood's workforce is highly educated, with the technology sector well-represented. The unemployment rate in Eastwood was 4.0% as of June 2021, with an estimated employment growth of 12.2% over the past year.
As of June 2025, 11,388 residents are employed, with an unemployment rate of 4.0%, which is 0.2% below Greater Sydney's rate of 4.2%. Workforce participation in Eastwood is 57.2%, compared to Greater Sydney's 60.0%. The dominant employment sectors among residents include health care & social assistance, professional & technical services, and retail trade.
However, construction is under-represented, with only 6.4% of Eastwood's workforce compared to 8.6% in Greater Sydney. Over the 12 months to June 2025, employment increased by 12.2%, while labour force increased by 11.2%, causing the unemployment rate to fall by 0.9 percentage points. By comparison, Greater Sydney recorded employment growth of 2.6%, labour force growth of 2.9%, with unemployment rising by 0.3 percentage points. State-level data from Sep-25 shows NSW employment contracted by 0.41% (losing 19,270 jobs), with the state unemployment rate at 4.3%. National employment forecasts from May 2025 suggest Eastwood's employment could increase by approximately 7.1% over five years and 14.4% over ten years, based on a simple weighting extrapolation of national industry-specific projections.
Frequently Asked Questions - Employment
Income
Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis
AreaSearch's financial year 2022 data shows Eastwood's median income was $47,235 and average income was $72,452. This contrasts with Greater Sydney's median of $56,994 and average of $80,856. As of March 2025, estimated incomes are approximately $52,242 (median) and $80,132 (average), based on a 10.6% Wage Price Index growth since financial year 2022. According to the 2021 Census, Eastwood's household income ranks at the 63rd percentile ($1,953 weekly) and personal income at the 41st percentile. The largest segment comprises 30.6% earning $1,500 - $2,999 weekly (6,130 residents), aligning with the broader area's 30.9%. High housing costs consume 18.6% of income, but strong earnings place disposable income at the 59th percentile. Eastwood's SEIFA income ranking places it in the 8th decile.
Frequently Asked Questions - Income
Housing
Eastwood displays a diverse mix of dwelling types, with above-average rates of outright home ownership
Eastwood's dwelling structure, as per the latest Census, consisted of 53.2% houses and 46.8% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Sydney metro's 42.9% houses and 57.1% other dwellings. Home ownership in Eastwood stood at 31.1%, with mortgaged dwellings at 29.2% and rented dwellings at 39.7%. The median monthly mortgage repayment was $2,750, higher than Sydney metro's $2,600. Median weekly rent in Eastwood was $450, compared to Sydney metro's $460. Nationally, Eastwood's mortgage repayments were significantly higher at $2,750 versus the Australian average of $1,863, and rents were substantially higher at $450 compared to the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Eastwood features high concentrations of group households, with a higher-than-average median household size
Family households constitute 75.3% of all households, including 38.8% couples with children, 25.5% couples without children, and 9.7% single parent families. Non-family households account for the remaining 24.7%, with lone person households at 19.8% and group households comprising 4.9%. The median household size is 2.8 people, larger than the Greater Sydney average of 2.5.
Frequently Asked Questions - Households
Local Schools & Education
Eastwood shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
Eastwood's residents aged 15+ have a higher university qualification rate of 50.9% compared to Australia's 30.4% and NSW's 32.2%. Bachelor degrees are the most common at 31.0%, followed by postgraduate qualifications (17.3%) and graduate diplomas (2.6%). Vocational pathways account for 19.9%, with advanced diplomas at 10.3% and certificates at 9.6%. Educational participation is high, with 30.7% of residents currently enrolled in formal education: primary (8.7%), tertiary (8.4%), secondary (6.2%).
Eastwood's five schools have a combined enrollment of 2,550 students. The area has significant socio-educational advantages and academic achievement (ICSEA: 1118). Educational provision is balanced with four primary and one secondary school serving distinct age groups. Note: for schools marked 'n/a' in enrollments, refer to the parent campus.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
The analysis of public transport in Eastwood shows that there are currently 117 active transport stops operating. These stops offer a mix of train and bus services. There are 33 individual routes servicing these stops, collectively providing 4,862 weekly passenger trips.
The accessibility to these transport stops is rated as excellent, with residents typically located just 149 meters away from the nearest stop. On average, there are 694 trips per day across all routes, which equates to approximately 41 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Eastwood's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups
Eastwood demonstrates excellent health outcomes, with very low prevalence of common health conditions across all age groups. Private health cover rate is high at approximately 55% (~11,079 people), compared to Greater Sydney's 62.1%.
Diabetes and arthritis are the most prevalent conditions, affecting 4.7% and 4.6% respectively. 79.9% of residents report no medical ailments, higher than Greater Sydney's 77.6%. Eastwood has a larger senior population at 18.9% (3,796 people), compared to Greater Sydney's 16.3%. Senior health outcomes align with the general population's profile.
Frequently Asked Questions - Health
Cultural Diversity
Eastwood is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics
Eastwood has a diverse population, with 68.8% speaking a language other than English at home and 60.9% born overseas. Christianity is the predominant religion in Eastwood at 38.7%. Buddhism is overrepresented compared to Greater Sydney, making up 7.0% of Eastwood's population.
Chinese ancestry is prevalent at 42.8%, much higher than the regional average of 20.9%. Other notable groups include English (10.1%) and Other (10.1%). Korean, Lebanese, and Sri Lankan ethnicities show some divergence in representation compared to Greater Sydney averages.
Frequently Asked Questions - Diversity
Age
Eastwood's population is slightly older than the national pattern
The median age in Eastwood is 39 years, which is slightly higher than Greater Sydney's average of 37 years and close to the national average of 38 years. Compared to Greater Sydney, Eastwood has a notably higher proportion of residents aged 65-74 (10.4% locally) but fewer residents aged 5-14 (10.2%). According to post-2021 Census data, the population of those aged 15-24 has grown from 11.0% to 12.9%, while the proportion of those aged 55-64 has declined from 12.7% to 11.4%. By 2041, Eastwood's population is forecasted to undergo significant demographic changes. Notably, the number of residents aged 75-84 is expected to grow by 82%, reaching 2,141 from 1,174. This growth will be led by demographic aging, with residents aged 65 and older accounting for 59% of anticipated population growth. Conversely, the populations of those aged 0-4 and 25-34 are expected to decline.