Eastwood

Population growth drivers in Eastwood are slightly above average based on AreaSearch's ranking of recent, and medium term trends

Eastwood's population, as of November 2025, is approximately 20,040, indicating a growth of 1,066 people since the 2021 Census. This increase corresponds to a 5.6% rise from the previously reported population of 18,974. The change is inferred from the estimated resident population of 20,024 in June 2024 and an additional 119 validated new addresses since the Census date. This results in a population density ratio of 3,788 persons per square kilometer, placing Eastwood within the top 10% of locations assessed by AreaSearch, highlighting its land as highly sought-after. The area's growth rate of 5.6% since the census is within 1.1 percentage points of the state's growth rate of 6.7%, demonstrating competitive growth fundamentals. Overseas migration contributed approximately 90.0% of Eastwood's overall population gains during recent periods.

AreaSearch uses 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 employs the NSW State Government's SA2 level projections, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Based on projected demographic shifts, Eastwood is expected to experience above median population growth nationally, with an anticipated increase of 3,040 persons by 2041. This projection reflects a total gain of 15.1% over the 17-year period, as per the latest annual ERP population numbers.

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. Over the past five financial years, from FY-21 to FY-25855 homes were approved. In FY-26, up to the present time, 59 homes have been approved.

The average number of new residents per year per dwelling constructed over these five years has been 0.7. This suggests that new construction is keeping pace with demand and offering buyers more options while supporting population growth. The average value for new properties being constructed is $370,000. In FY-26, there have been $2.1 million in commercial approvals, indicating a predominantly residential focus. Compared to Greater Sydney, Eastwood shows 17.0% lower construction activity per person but ranks among the 81st percentile of areas assessed nationally.

New development consists of 27.0% standalone homes and 73.0% attached dwellings, reflecting a trend towards denser development which caters to downsizers, investors, and entry-level buyers. This is a notable shift from the area's existing housing composition, currently at 53.0% houses, indicating decreasing availability of developable sites and changing lifestyles. Eastwood has a population density of around 135 people per approval. According to AreaSearch quarterly estimates, Eastwood will gain approximately 3,024 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.

Eastwood has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 26 projects likely to impact the area. Major projects include Eastwood Shopping Centre Redevelopment, Eastwood Central Precinct Project, 173 Shaftsbury Road Development, and Eastwood Station Improvements. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

The employment environment in Eastwood shows above-average strength when compared nationally

Eastwood's workforce is highly educated with notable representation in the technology sector. Its unemployment rate stands at 3.6%, lower than Greater Sydney's 4.2%.

Over the past year, employment grew by an estimated 10.6%. As of September 2025, 11,385 residents are employed, with a local unemployment rate of 3.6%, 0.6% below Greater Sydney's rate. Workforce participation in Eastwood is 57.2%, slightly lower than Greater Sydney's 60.0%.

Dominant employment sectors include health care & social assistance, professional & technical services, and retail trade. Construction, however, is under-represented at 6.4% compared to Greater Sydney's 8.6%. Between September 2024 and September 2025, employment increased by 10.6%, while labour force grew by 9.4%, leading to a 1.0 percentage point drop in unemployment rate. In contrast, Greater Sydney saw employment growth of 2.1% with a slight rise in unemployment. Statewide, NSW recorded a 0.03% contraction in employment (losing 2,260 jobs) as of 25-Nov-25, with an unemployment rate of 3.9%. Nationally, the unemployment rate was 4.3%. Jobs and Skills Australia's forecasts from May-25 project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Eastwood's employment mix suggests local employment could increase by 7.1% over five years and 14.4% over ten years, though this is a simple extrapolation for illustrative purposes.

Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis

AreaSearch's latest postcode level ATO data for financial year 2022 shows that Eastwood SA2 has a high national median income of $47,235 and an average income of $72,452. This contrasts with Greater Sydney's median income of $56,994 and average income of $80,856. Based on Wage Price Index growth of 12.61% since financial year 2022, current estimates for Eastwood SA2 would be approximately $53,191 (median) and $81,588 (average) as of September 2025. According to the 2021 Census, household income in Eastwood SA2 ranks at the 62nd percentile ($1,953 weekly), while personal income is at the 40th percentile. The largest income segment comprises 30.6% earning $1,500 - $2,999 weekly (6,132 residents). High housing costs consume 18.6% of income, but strong earnings place disposable income at the 59th percentile. Eastwood SA2's SEIFA income ranking places it in the 8th decile.

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). In comparison, Sydney metro had 42.9% houses and 57.1% other dwellings. Home ownership in Eastwood was at 31.1%, with mortgaged dwellings at 29.2% and rented ones at 39.7%. The median monthly mortgage repayment in Eastwood was $2,750, higher than Sydney metro's $2,600. The median weekly rent figure in Eastwood was $450, compared to Sydney metro's $460. Nationally, Eastwood's mortgage repayments were significantly higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

Eastwood features high concentrations of group households, with a higher-than-average median household size

Family households account for 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 constitute 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.

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 educational attainment than broader averages. 50.9% hold university qualifications compared to Australia's 30.4% and NSW's 32.2%. Bachelor degrees are 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% currently enrolled in formal education. This includes 8.7% in primary, 8.4% in tertiary, and 6.2% pursuing secondary education.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

The analysis shows 117 active transport stops in Eastwood, offering a mix of train and bus services. These stops are covered by 33 different routes, which together facilitate 4,862 weekly passenger trips. Transport accessibility is rated highly, with residents on average being just 149 meters from the nearest stop.

Service frequency averages 694 trips per day across all routes, equating to about 41 weekly trips per individual stop.

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. The rate of private health cover stands at approximately 55% of the total population (around 11,082 people), compared to 62.1% in Greater Sydney.

Diabetes and arthritis are the most prevalent medical conditions, affecting 4.7% and 4.6% of residents respectively. A total of 79.9% of residents report being completely clear of medical ailments, compared to 77.6% across Greater Sydney. Eastwood has a higher proportion of seniors aged 65 and over at 18.9% (3,797 people), compared to 16.3% in Greater Sydney. The health outcomes among seniors are notably strong, closely mirroring the overall population's health profile.

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 high linguistic diversity, with 68.8% speaking a language other than English at home, and 60.9% born overseas. Christianity is the predominant religion, at 38.7%. Buddhism is overrepresented compared to Greater Sydney, comprising 7.0% versus 4.3%.

The top three ancestry groups are Chinese (42.8%), English (10.1%), and Other (10.1%). Korean (7.7%) and Lebanese (0.9%) are notably overrepresented, while Sri Lankan is slightly more prevalent at 0.5% compared to the regional average of 0.4%.

Eastwood's population aligns closely with national norms in age terms

The median age in Eastwood is 39 years, 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 percentage of residents aged 65-74 (10.4% locally vs. an average), while those aged 5-14 are under-represented (10.2%). According to data from the 2021 Census, the population of residents aged 15-24 has grown from 11.0% to 12.9%, while the percentage of those aged 55-64 has declined from 12.7% to 11.4%. By 2041, Eastwood's population is forecasted to experience substantial demographic changes. The 75-84 age group is projected to grow by 82%, reaching 2,141 people from the current 1,174. This growth will be led by residents aged 65 and older, who are expected to represent 59% of the total population growth. Conversely, the 0-4 and 25-34 age groups are anticipated to experience population declines.