Eastgardens, NSW

FAIR VALUE

1,943 sales · 22 years of data · NSW, Australia

$1,178,000
Median (All)
$3,200,000
Median (Houses)
$1,101,000
Median (Apartments)
-2.2%
10yr CAGR
2.8%
22yr CAGR
86.3%
Strata %
22 years of data · 1,943 sales analysed · 2,500+ suburbs · Updated weekly

Eastgardens, NSW Property Market Overview

Eastgardens, NSW, 2036, is a primarily residential suburb located in Sydney's eastern suburbs. Our data spans 22 years, tracking 1,943 recorded sales. The current median property price (all types) in Eastgardens is $1,178,000.

Eastgardens presents a diverse property market, with houses currently holding a median price of $3,200,000 and apartments at $1,101,000. The suburb is known for its high proportion of strata title properties, reflecting a significant apartment presence. This makes Eastgardens an interesting case study in Sydney's evolving property landscape.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $400,275
Based on the 10-year compound annual growth rate of -2.2%
Predominantly apartments86% apartments
14% of sales are houses and other non-strata properties
Loading chart...

Property Mix

86%
Houses 14%$3,200,000Apartments 86%$1,101,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
22 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Eastgardens

Street Rankings

Top streets in Eastgardens, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Delma DrHouse14$3,545,000
2Finch DrApartment149$1,024,000
3Oscar PlApartment44$1,075,000
4Boonah AveHouse8$2,150,000

... and 10 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Oscar PlApartment11$9,314/m²
2Banks AveApartment17$9,091/m²
3Studio DrApartment72$9,636/m²
4Delma DrHouse14$20,000/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Banks AveApartment+1.3%
2Boonah AveHouse+4.7%
3Bunnerong RdHouse+3.6%
4Finch DrApartment-1.2%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

466
apartment buildings analysed
#AddressSalesMedian$/m²
19 Oscar Pl5$1,470,000$9,800/m²
22 Studio Dr7$1,190,000$8,881/m²
38 Studio Dr11$1,100,000$8,387/m²
43 Finch Dr14$985,444$8,284/m²

... and 462 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

80
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

86%
apartments across 466 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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14 streets and 466 buildings to explore

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3 street rankings
All 14 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
466 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 1,943 verified property sales across 22 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Eastgardens at a Glance

Region
Eastern Suburbs
CBD Distance
9km south-east of Sydney CBD
Train Station
Mascot Station (T8 Airport Line)
Council
Bayside Council
Property Character
Established residential with high-density apartment buildings
Community
Young professionals and families

Eastgardens, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Eastgardens, NSW

Life in Eastgardens offers a blend of convenience and community. The suburb is home to Westfield Eastgardens, a major shopping centre providing a wide array of retail and dining options. Families are drawn to the area due to schools like Banksmeadow Public School and nearby Matraville Public School.

Recreational spaces include the nearby Heffron Park, offering sporting fields and cycling paths. While Eastgardens itself doesn't have a train station, it's well-serviced by bus routes connecting to surrounding areas and the Sydney CBD. The suburb projects a family-friendly atmosphere, balanced with the accessibility of urban living.


Who Buys in Eastgardens?

Eastgardens tends to attract a diverse range of buyers. The high strata percentage and apartment median price of $1,101,000 suggest appeal to first home buyers and young professionals seeking affordable entry points into the Sydney property market. However, the higher median house price of $3,200,000 also indicates interest from established families. The historical growth patterns, with varying CAGR figures, might attract investors looking for longer-term capital appreciation.

Market Analysis

Currently, Eastgardens's property market is assessed to be near its long-term trend, indicating fair value. This means that prices are broadly aligned with historical growth patterns and fundamental economic indicators, as of early 2026.

A 'fair value' cycle position suggests that the market isn't experiencing significant speculative bubbles or dramatic price corrections. Potential buyers and sellers in Eastgardens can therefore approach the market with a degree of confidence based on prevailing conditions, while understanding that market dynamics can shift.


Is Eastgardens a Good Investment?

When considering Eastgardens from an investment perspective, it's crucial to analyse the historical growth patterns. The 20-year CAGR of 2.7% and full-period CAGR of 2.8% reflect moderate long-term growth. However, the -2.2% 10-year CAGR suggests that the suburb has experienced periods of slower growth or price correction.

Currently, Eastgardens's property market is assessed to be near its long-term trend, indicating fair value. Investors should thoroughly research the factors influencing these trends, considering the high proportion of strata properties and the suburb's location within Sydney's eastern suburbs. The data points to a market with a mix of potential and challenges, requiring careful consideration.


Eastgardens Market Outlook

As of early 2026, the Eastgardens property market is assessed to be near its long-term trend, indicating fair value. Recent price trends have reflected this stability, with limited dramatic fluctuations. Market observers will be watching for any shifts in buyer demand or supply that could influence future price movements in Eastgardens.

Streets & Location in Eastgardens, NSW

Eastgardens, postcode 2036, comprises 14 streets, each contributing to the suburb's overall character. Some of the streets with higher median prices include BOONAH AVE, DELMA DR, and STUDIO DR. Eastgardens benefits from its location within the eastern suburbs, offering proximity to beaches and amenities.

Market Dynamics

The average settlement time for properties in Eastgardens is approximately 80 days. This indicates a fairly standard transaction period, suggesting a balanced level of buyer demand and seller activity. The quick-flip percentage is not applicable, suggesting that short-term speculative trading is not a dominant feature of the Eastgardens market.

Development & Density

Eastgardens features a considerable number of apartment buildings, totalling 466. This reflects a trend toward higher-density living in the area. The high strata percentage of 86.3% further highlights the dominance of apartments in the overall property composition of Eastgardens. This development pattern shapes the suburb's character and influences its property values.

Growth & Property Mix

Over the long term, Eastgardens has demonstrated moderate growth. The 20-year compound annual growth rate (CAGR) stands at 2.7%, while the full-period CAGR (over 22 years) is 2.8%. However, the 10-year CAGR is -2.2%, indicating a period of slower growth or even price correction relative to the longer-term trend. The suburb's property mix is heavily weighted towards apartments, with a high strata percentage.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Eastgardens, NSW

What is the median property price in Eastgardens?
The current median property price (all types) in Eastgardens is $1,178,000. Houses have a higher median price of $3,200,000, while apartments are at $1,101,000.
Is Eastgardens overvalued or undervalued?
According to our analysis, Eastgardens's property market is currently near its long-term trend, indicating fair value. This suggests that property prices are broadly in line with historical growth patterns.
How has the Eastgardens property market performed over 10 years?
The Eastgardens property market has seen a 10-year compound annual growth rate (CAGR) of -2.2%. This indicates a period of slower growth or price correction compared to longer timeframes.
What percentage of Eastgardens is apartments vs houses?
Apartments make up a significant portion of the Eastgardens property market. The strata percentage is 86.3%, indicating that a large majority of properties are apartments.
Where is Eastgardens in the property cycle?
Our analysis places Eastgardens near its long-term trend, meaning it's assessed as fair value. This suggests a market that is neither significantly overvalued nor undervalued at present.
What schools are near Eastgardens?
Eastgardens is conveniently located near several schools, including Banksmeadow Public School and Matraville Public School. These schools serve the local community and contribute to the suburb's appeal for families.
What is Eastgardens like to live in?
Eastgardens offers a convenient lifestyle with access to major shopping centres like Westfield Eastgardens. It's a family-friendly suburb with parks and good transport links to other parts of Sydney.
Is Eastgardens good for families?
Eastgardens can be a good option for families, with access to schools and parks, although housing options are predominantly apartments. The suburb provides a convenient location with good amenities for family living.
How far is Eastgardens from Sydney CBD?
Eastgardens is approximately 9km south-east of the Sydney CBD. It's accessible by bus routes and is relatively close to Mascot Station on the T8 Airport Line.
What transport options are in Eastgardens?
Eastgardens is primarily serviced by bus routes providing connections to the Sydney CBD and surrounding suburbs. Mascot Station on the T8 Airport Line is also within reasonable proximity, offering train services.
How does Eastgardens compare to nearby suburbs?
Compared to some neighbouring suburbs in the Eastern Suburbs, Eastgardens may offer more affordable apartment options. The growth rates may vary, reflecting different development patterns and market dynamics in each suburb.
Is Eastgardens a good first home buyer suburb?
Eastgardens could be a viable option for first home buyers, particularly those looking for apartment living. The median apartment price of $1,101,000 may be more accessible compared to house prices in the broader Eastern Suburbs.
What are the best streets in Eastgardens?
While 'best' is subjective, streets with higher median prices in Eastgardens include BOONAH AVE, DELMA DR, and STUDIO DR. These streets may reflect desirable aspects such as location, property size, or neighbourhood character.
How many properties have been sold in Eastgardens?
Over the 22 years of data we've collected, a total of 1,943 properties have been sold in Eastgardens. This provides a substantial dataset for analysing market trends.
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