Eastwood
At 50, Eastwood's median age is 10 years above the national comparison, making an aging resident base its clearest defining feature. The 2.4 sq km suburb has 2,855 residents at a density of 1,188.6 per sq km, and 86.9% of homes are separate houses. Ownership is established, with 48.6% owned outright and 29.0% mortgaged. English, Scottish and Irish ancestry account for 1,311, 317 and 273 people respectively. Close to Bairnsdale and Lucknow, Eastwood suits buyers seeking a settled regional setting, although household income sits at the 31.1st percentile, below its high outright-ownership share.
Local council: East Gippsland
Population
2,855
Median Age
50.0
Household IncomeiMedian weekly household income (ABS Census)
$1,304/wk
DAs (12 months)iDevelopment Applications lodged in the past year
2
Median House
$689K
October to December 2025
Separate houses dominate at 86.9%, with 43.7% three-bedroom and 41.3% four-bedroom-plus homes, supporting family-scale demand. A $1,417 monthly mortgage equals 25.1% of household income, below the 28.4% rent-to-income share. Compared with a unit-led market, Eastwood is more concentrated in detached stock, so inspect land, maintenance and access carefully.
For Buyers
Separate houses dominate at 86.9%, with 43.7% three-bedroom and 41.3% four-bedroom-plus homes, supporting family-scale demand. A $1,417 monthly mortgage equals 25.1% of household income, below the 28.4% rent-to-income share. Compared with a unit-led market, Eastwood is more concentrated in detached stock, so inspect land, maintenance and access carefully.
For Investors
Investor conditions are mixed. Weekly rent is $370, 16.0% of households rent and vacancy is 6.2%, giving landlords a tenant market with a vacancy buffer to test at property level. Renting is lower than outright ownership at 48.6%, consistent with an established owner base and potentially slower tenant churn. Only 2 development matters were recorded in 12 months, both subdivision-related, so visible new supply is limited. Overseas migration is the primary growth driver, while the 50-year median age and Aging trajectory point to demand from older households and new arrivals. Compared with a high-turnover precinct, Eastwood suits investors prioritising stable stock over rapid redevelopment.
Development Activity
Total DAs
4
Last 12 Months
2
YoY ChangeiYear-over-year change in DA lodgements
—
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Eastwood
Open-register school locations for education access. This is not a school-quality ranking.
Lucknow Primary School
Demographics
Eastwood has an older, settled population. The median age is 50, 10 years above the national comparison, while university attainment is 21.5%, 8.6 percentage points below the national figure. Overseas-born residents account for 13.8%, 7.8 points below the national comparison, and average household size is 2.4, just 0.1 below the national average. English ancestry leads at 1,311 people, followed by Scottish at 317 and Irish at 273. Christianity has 1,420 adherents and no religion 1,210. With 80.7% staying at the same address and turnover at 19.3%, Eastwood is more settled than a high-mobility growth suburb.
Age Distribution
Bedrooms
Dwelling Structure
86.9%
Houses
13.1%
Townhouse
0.0%
Apartment
Tenure
Eastwood's housing profile is detached and owner-oriented. Separate houses account for 86.9% and semi-detached homes 13.1%. Tenure is 48.6% outright ownership, 29.0% mortgage and 16.0% renting. Compared with a more apartment-heavy suburb, Eastwood has more three-bedroom homes at 43.7% and four-bedroom-plus homes at 41.3%, reflecting established family-scale stock.
Mortgage / mo
$1,417
Rent / wkiABS Census 2021 median across all dwelling types. Current market rents are typically higher.
$370
Census 2021
HH Size
2.4
Personal Income / wk
$662
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
6.2%
Unoccupied
73
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
28.4%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
25.1%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
35.2%
Couples with children
52.6%
Couples, no children
12.5%
Single parent
803
Total families
Economy & Employment
Healthcare anchors Eastwood's economy at 25.3% and 179 people, followed by Education at 11.7% and 83, Construction at 10.5% and 74, Retail at 8.8% and 62, and Public Administration at 7.4% and 52. Occupations include 202 professionals, 158 community/personal workers, 155 trades workers, 151 managers and 151 clerical/admin workers. Unemployment is 2.8% among a labour force of 1,182, while participation is 49.8% and 1,049 people are outside the labour force, consistent with a median age of 50. IEO ranks in decile 9 and IRSAD in decile 9, above IER decile 6; household income is at the 31.1st percentile. Education and occupation advantage therefore sit above income position, likely because many households are older.
Unemployment
2.8%
Labour Force
1,182
Unemployed
33
Source: ABS Census 2021
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
55.5%
Part-time
37.2%
Participation
49.8%
Employed
1,149
Full-time and part-time are shares of the employed. Source: ABS Census 2021
Occupations
Top Industries
University
21.5%
Postgraduate
4.4%
Born Overseas
13.8%
Dwellings
1,111
Transport to Work
Daily life is car-oriented: 80.8% drive, compared with 2.4% who walk or cycle, while 10.5% work from home. School access includes Lucknow Primary School, a nearby government primary campus; check enrolment zones against the exact address and confirm transport. Recorded crime totals 137 offences, or 48.0 per 1,000 residents. Property and deception offences make up 78 cases, above crimes against the person at 22 and justice procedures at 21, so home security and vehicle awareness deserve attention. IRSAD is decile 9, above IRSD decile 6, but 9.3% need assistance. Compared with a transit-first suburb, Eastwood depends more on private vehicles and practical local services.
Drive
80.8%
Public Transport
N/A
Walk / Cycle
2.4%
Work from Home
10.5%
Growth Outlook
Eastwood's growth outlook is steady rather than rapid. Annual growth is forecast at 0.91%, with overseas migration the primary driver. Across the wider area, population change is 15.5% over 10 years, but the trajectory is Aging and the senior share has risen 3.5%, pointing to demand from older households as well as new arrivals. Gentrification is scored at 16 and staged Not gentrifying, so redevelopment pressure is not yet dominant. Rent growth of 21.6% and real income growth of 18.2% show movement in the established market, while affordability improved from 70.6 in 2011 to 59.1 in 2021. Compared with a fast-expanding fringe, Eastwood's 0.91% pace suggests gradual change.
Population trend: East Gippsland council area
Eastwood sits in the East Gippsland council area. These are the council area's residents, not Eastwood's.
Residents 2025
49,669
Growth, 5 yr average
+0.7%/yr
2020 to 2025
Growth, last year
+1.0%
2024 to 2025
ABS Estimated Resident Population by LGA, 30 June each year; council area, not this suburb
Safety & Crime
Total Offences
137
Year ending June 2024
Rate per 1,000 People
48.0
Offence Categories
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Eastwood compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Eastwood a good suburb to live in?
Eastwood may suit buyers seeking established detached housing: 86.9% of homes are separate houses and 48.6% are owned outright. Its median age of 50 is above the national comparison, so it feels more settled than a young renter-heavy market.
What schools are in Eastwood?
Eastwood has 1 listed nearby school: Lucknow Primary School, a government primary campus. Compare its enrolment zone with the exact address and ask about transport, because school access can vary across the 2.4 sq km suburb.
Is Eastwood safe?
Eastwood recorded 137 offences, equal to 48.0 per 1,000 residents. Property and deception offences accounted for 78, above crimes against the person at 22 and justice procedures at 21. Review current local trends and consider home and vehicle security.
Is Eastwood good for property investment?
Investment appeal rests on $370 weekly rent, 16.0% renting and 6.2% vacancy. The vacancy rate is higher than the renting share, so check current leasing evidence; only 2 development matters were recorded in 12 months, indicating limited visible subdivision activity.
How is Eastwood's population changing?
Eastwood's wider-area outlook has an Aging trajectory, with annual growth forecast at 0.91% and 15.5% population change over 10 years. Overseas migration is the primary driver, while the senior share rose 3.5%, reinforcing an older profile above the national age comparison.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), Valuer-General Victoria (house prices), state education open registers (school locations), state Crime Statistics agencies (offences), council DA portals (development applications).
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