Eastwood (NSW)

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

As of November 2025, the estimated population of the Eastwood (NSW) statistical area (Lv2) is around 19,920. This represents an increase of 6.6% since the 2021 Census, which reported a population of 18,695 people in the area. The latest estimate, 19,747 residents, was derived from AreaSearch's analysis of the ABS' June 2024 ERP data release and validated new addresses since the Census date. This results in a population density of 3,816 persons per square kilometer, placing Eastwood (NSW) in the upper quartile nationally according to AreaSearch assessments. The area's growth rate is close to the state average, with a 6.6% increase compared to the state's 7.6%. Overseas migration contributed approximately 90% of recent population gains.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022, and NSW State Government's SA2 level projections released in 2022 with a base year of 2021 for areas not covered by the former data. These projections indicate an above median population growth for statistical areas across the nation, with Eastwood (NSW) expected to increase by 3,002 persons to 2041, reflecting a total increase of 14.1% over the 17-year period.

AreaSearch assessment of residential development activity positions Eastwood among the top 25% of areas assessed nationwide

Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Eastwood recorded around 171 residential properties granted approval per year over the past five financial years, totalling an estimated 855 homes. So far in FY-26, 68 approvals have been recorded. On average, 0.7 people moved to the area for each dwelling built between FY-21 and FY-25, indicating that new supply is keeping pace with or exceeding demand. The average construction value of these dwellings was $551,000, suggesting developers are targeting the premium market segment with higher-end properties.

Additionally, $2.1 million in commercial approvals have been registered this financial year, reflecting the area's residential nature. New building activity shows 27.0% detached dwellings and 73.0% medium and high-density housing, creating more affordable entry points for downsizers, investors, and first-home buyers. This shift represents a notable change from the area's existing housing composition of 53.0% houses. Eastwood reflects a low density area with around 133 people per approval.

According to AreaSearch's latest quarterly estimate, Eastwood is forecasted to gain 2,806 residents by 2041. Based on current development patterns, new housing supply should readily meet demand, offering good conditions for buyers and potentially facilitating population growth beyond current projections.

Eastwood has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

The performance of a region is significantly influenced by modifications to local infrastructure, major projects, and planning initiatives. AreaSearch has identified 24 projects that are expected to impact the area. Notable projects include the Eastwood Shopping Centre Redevelopment, Eastwood Central Precinct Project, 173 Shaftsbury Road Development, and Eastwood Station Improvements. The following list provides details on those projects most likely to be 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.

Employment performance in Eastwood exceeds national averages across key labour market indicators

Eastwood has an educated workforce with notable representation in the technology sector. Its unemployment rate is 3.6%.

Over the past year, estimated employment growth was 10.6%, according to AreaSearch's aggregation of statistical area data. As of September 2025, there are 11,202 residents employed, with an unemployment rate of 0.5% lower than Greater Sydney's rate of 4.2%. Workforce participation is slightly below standard at 57.1%, compared to Greater Sydney's 60.0%.

The leading employment industries among residents include health care & social assistance, professional & technical services, and retail trade. However, construction is under-represented with only 6.5% of Eastwood's workforce compared to 8.6% in Greater Sydney. The predominantly residential area offers limited local employment opportunities, indicated by the difference between Census working population and resident population. Between September 2024 and September 2025, employment levels increased by 10.6%, while labour force grew by 9.4%, reducing the unemployment rate by 1.0 percentage points. In contrast, Greater Sydney recorded employment growth of 2.1% with a slight increase in unemployment. State-level data from NSW shows employment contracted by 0.03% between November 2024 and November 2025, losing 2,260 jobs, while the state unemployment rate was 3.9%. This compares favourably to the national unemployment rate of 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 indicate that national employment is expected to expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Eastwood's employment mix suggests local employment should increase by 7.1% over five years and 14.3% over ten years, though these are simple weighted extrapolations for illustrative purposes and do not consider localized population projections.

The area's income profile falls below national averages based on AreaSearch analysis

AreaSearch's latest postcode level ATO data for financial year 2023 shows income in Eastwood is above national average. Median income is $47,111 and average income stands at $72,261. This contrasts with Greater Sydney's median income of $60,817 and average income of $83,003. Based on Wage Price Index growth of 8.86% since financial year 2023, current estimates would be approximately $51,285 (median) and $78,663 (average) as of September 2025. Census 2021 income data shows household income ranks at the 62nd percentile ($1,945 weekly), while personal income sits at the 40th percentile. The data shows the $1,500 - 2,999 earnings band captures 30.5% of the community (6,075 individuals). High housing costs consume 18.6% of income, disposable income ranks at the 58th percentile and SEIFA income ranking places Eastwood in the 8th decile.

Eastwood displays a diverse mix of dwelling types, with strong rates of outright home ownership

Eastwood's dwelling structure, as per the latest Census, consisted of 53.0% houses and 47.1% other dwellings. Home ownership stood at 31.2%, with 29.0% of dwellings mortgaged and 39.7% rented. The median monthly mortgage repayment was $2,730, and the median weekly rent was $450. Compared nationally, Eastwood's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.

Eastwood features high concentrations of group households, with a median household size of 2.8 people

Family households constitute 75.1% of all households, including 38.6% couples with children, 25.5% couples without children, and 9.7% single parent families. Non-family households comprise the remaining 24.9%, with lone person households at 20.0% and group households making up 4.9%. The median household size is 2.8 people.

Eastwood shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Eastwood's educational attainment is notably higher than national and state averages. Among residents aged 15 and above, 50.8% have university qualifications, compared to 30.4% in Australia and 32.2% in NSW. This educational advantage positions the area favourably for knowledge-based opportunities. Bachelor degrees are most prevalent at 30.9%, followed by postgraduate qualifications (17.2%) and graduate diplomas (2.7%).

Vocational pathways account for 19.7% of qualifications among those aged 15 and above, with advanced diplomas at 10.2% and certificates at 9.5%. Educational participation is high, with 30.6% of residents currently enrolled in formal education. This includes 8.7% in primary education, 8.4% in tertiary education, 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

Eastwood has 123 active public transport stops offering a mix of train and bus services. These stops are served by 34 individual routes, collectively facilitating 6,226 weekly passenger trips. Transport accessibility is rated excellent, with residents typically located 149 meters from the nearest stop.

Service frequency averages 889 trips per day across all routes, equating to approximately 50 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's health outcomes data shows excellent results, with very low prevalence of common health conditions across all age groups.

Approximately 55% (~11,053 people) have private health cover. The most prevalent medical conditions are diabetes (4.7%) and arthritis (4.6%), while 79.8% report being free from medical ailments, compared to 0% in Greater Sydney overall. Eastwood has 19.0% of residents aged 65 and over (3,784 people). Health outcomes among seniors are particularly strong, mirroring the general 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's population is culturally diverse, with 68.8% speaking a language other than English at home and 61.0% born overseas. Christianity is the predominant religion in Eastwood, comprising 38.8% of its population. Buddhism is notably overrepresented at 7.0%, compared to None% across Greater Sydney.

The top three ancestry groups are Chinese (42.9%), English (10.2%), and Other (10.0%). Korean (7.8%), Sri Lankan (0.5%), and Lebanese (0.8%) ethnicities are also notably overrepresented in Eastwood compared to the regional averages of None%.

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

The median age in Eastwood is 39 years, which is higher than Greater Sydney's average of 37 years and close to the national average of 38 years. Comparing with Greater Sydney, the cohort aged 65-74 is notably over-represented in Eastwood at 10.5%, while those aged 0-4 are under-represented at 3.9%. Post-2021 Census data shows that the age group 15 to 24 has grown from 11.0% to 13.0% of the population, while the age group 55 to 64 has declined from 12.7% to 11.5%, and the age group 0 to 4 has dropped from 4.9% to 3.9%. Population forecasts for Eastwood in 2041 indicate significant demographic changes, with the cohort aged 75-84 expected to grow by 80% (935 people), reaching 2,111 from 1,175. This growth is led by demographic aging, as residents aged 65 and older represent 59% of anticipated growth. Conversely, the cohorts aged 5 to 14 and 0 to 4 are expected to experience population declines.