Eastlakes, NSW

UNDERVALUED

3,023 sales · 36 years of data · NSW, Australia

$788,888
Median (All)
$2,175,000
Median (Houses)
$760,000
Median (Apartments)
2.5%
10yr CAGR
4.1%
36yr CAGR
50.5%
Strata %
36 years of data · 3,023 sales analysed · 2,500+ suburbs · Updated weekly

Eastlakes, NSW Property Market Overview

Eastlakes, NSW, postcode 2018, is a suburb located in Sydney's eastern suburbs. Our analysis covers 36 years of property market data, encompassing 3,023 recorded sales. The current median property price in Eastlakes is $788,888, reflecting a mix of houses and apartments.

Notably, the median house price in Eastlakes stands at $2,175,000, while the median apartment price is $760,000. This price difference indicates the diverse range of housing options available. Eastlakes has seen a consistent increase in property values over the long term, making it a suburb of interest to both owner-occupiers and investors.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $640,042
Based on the 10-year compound annual growth rate of 2.5%
Mixed housing51% apartments
50% of sales are houses and other non-strata properties
Loading chart...

Property Mix

50%
51%
Houses 50%$2,175,000Apartments 51%$760,000

Data You Can Trust

Every figure backed by NSW government sale records

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

What Subscribers See

A preview of the full analysis available for Eastlakes

Street Rankings

Top streets in Eastlakes, NSW by median sale price

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

#StreetTypeSalesMedian Price
1Barber AveApartment20$707,500
2Gardeners RdApartment34$702,500
3Garden StHouse6$1,640,000
4Vernon AveHouse6$2,055,000

... and 45 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
1Mascot DrApartment19$7,996/m²
2Universal StHouse7$8,472/m²
3St Helena PdeApartment3$8,065/m²
4Barber AveApartment6$8,065/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
1Florence AveHouse+8.2%
2Evans AveApartment+4.6%
3St Helena PdeHouse+5.3%
4Robinson StHouse+7.2%

... 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

54
apartment buildings analysed
#AddressSalesMedian$/m²
11 Gray Cres4$692,500$10,189/m²
266 Mascot Dr8$694,750$7,387/m²
3279 Gardeners Rd5$1,060,000$6,347/m²
43 Gray Cres3$760,000$1,145/m²

... and 50 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

52
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

51%
apartments across 54 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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49 streets and 54 buildings to explore

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3 street rankings
All 49 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
54 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 3,023 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Eastlakes at a Glance

Region
Eastern Suburbs
CBD Distance
8km south-east of Sydney CBD
Train Station
Green Square Station (Airport Line)
Council
Bayside Council
Property Character
Established residential with increasing apartment developments
Community
Young families and professionals

Eastlakes, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Eastlakes, NSW

Living in Eastlakes offers a convenient and community-oriented lifestyle. The suburb is home to Eastlakes Public School, catering to the educational needs of local families. Residents enjoy easy access to shopping at Eastlakes Shopping Centre, providing essential amenities and retail options.

Eastlakes benefits from its proximity to Centennial Park and other green spaces, offering opportunities for outdoor recreation. The suburb is serviced by bus routes, providing connectivity to surrounding areas and the Sydney CBD. The community in Eastlakes is diverse and welcoming, creating a friendly atmosphere for residents.

Eastlakes is also located near The Lakes Golf Club, offering recreational opportunities for golf enthusiasts. Its central location, combined with local amenities, makes Eastlakes a desirable place to live for families, professionals, and retirees alike.


Who Buys in Eastlakes?

Eastlakes attracts a diverse range of buyers, including families, first home buyers, and investors. The strata percentage of 50.5% indicates a significant interest in apartment living. The median apartment price of $760,000 makes Eastlakes an attractive option for first home buyers and those seeking more affordable housing.

Families are drawn to Eastlakes due to its schools and parks. Investors may be interested in the historical growth rates, with a 20-year CAGR of 4.3%. The mix of housing types and price points caters to a broad spectrum of buyers in the Eastlakes property market.

Market Analysis

The Eastlakes property market, as of early 2026, is currently positioned below its long-term trend, indicating it is in undervalued territory. This cycle position suggests that property values in Eastlakes may be lower than what historical trends would predict.

This position in the property cycle reflects various economic factors influencing the market. It's important to note that market conditions can change, and this analysis is based on historical data and current trends. Observing the Eastlakes market's movement will be key in the coming months.


Is Eastlakes a Good Investment?

The Eastlakes property market presents a compelling case for long-term value. The historical growth rates, with a full-period CAGR of 4.1%, demonstrate consistent appreciation over time. Furthermore, the 20-year CAGR of 4.3% underscores the suburb's resilience and potential for sustained growth.

Currently, as of early 2026, Eastlakes is positioned below its long-term trend. This cycle position indicates a potential entry point for those seeking to capitalise on future growth. Factors driving property values in Eastlakes include its location, amenities, and community character. The proximity to the city and the coast, combined with local schools and shopping centres, contribute to the suburb's appeal.


Eastlakes Market Outlook

As of early 2026, the Eastlakes property market is positioned below its long-term trend. Recent price trends suggest a potential for future growth. While past performance is not indicative of future results, historical data provides valuable insights into market dynamics.

Monitoring the Eastlakes market will be crucial in the coming months. Observing sales volumes, price movements, and economic indicators will provide a comprehensive understanding of the suburb's trajectory. The current market conditions present both opportunities and challenges for buyers and sellers in Eastlakes.

Streets & Location in Eastlakes, NSW

Eastlakes, postcode 2018, features a variety of streets with varying property values. Garden Street, Gray Crescent, and Barber Avenue are among the streets with higher median property prices in Eastlakes. The suburb comprises a total of 49 streets, each contributing to the area's unique character.

Located in Sydney's eastern suburbs, Eastlakes benefits from its proximity to the city centre and coastal areas. The suburb's location contributes to its appeal for residents seeking a balance between urban convenience and a relaxed lifestyle.

Market Dynamics

The average settlement time for properties in Eastlakes is 52 days. This timeframe provides an indication of the typical transaction process in the area. Analysing settlement times can offer insights into the efficiency and demand within the Eastlakes property market.

Currently, data on quick-flip percentages in Eastlakes is not available. However, understanding investor activity and transaction patterns contributes to a comprehensive understanding of the market dynamics in Eastlakes.

Development & Density

Eastlakes features a mix of housing types, including houses and apartments. There are 54 apartment buildings in Eastlakes, reflecting a significant portion of the suburb's housing stock. Apartments represent 50.5% of the strata properties in Eastlakes.

The development density in Eastlakes contributes to the suburb's overall character and appeal. The mix of housing options caters to a diverse range of residents and lifestyles. Understanding the development trends is important for analysing the Eastlakes property market.

Growth & Property Mix

Historically, Eastlakes has demonstrated steady growth in property values. Over the past 10 years, Eastlakes has experienced a Compound Annual Growth Rate (CAGR) of 2.5%. Looking further back, the 20-year CAGR is 4.3%, while the full-period CAGR, covering 36 years of data, stands at 4.1%.

The property mix in Eastlakes is fairly balanced, with apartments making up a significant portion of the market. This mix of houses and apartments contributes to the overall market dynamics of Eastlakes.

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 Eastlakes, NSW

What is the median property price in Eastlakes?
The current median property price in Eastlakes is $788,888. This reflects a mix of houses and apartments in the area. The median house price is $2,175,000, while the median apartment price is $760,000.
Is Eastlakes overvalued or undervalued?
As of early 2026, the Eastlakes property market is positioned below its long-term trend. This indicates that Eastlakes is currently in undervalued territory. This means property values may be lower than historical trends would suggest.
How has the Eastlakes property market performed over 10 years?
Over the past 10 years, the Eastlakes property market has experienced a Compound Annual Growth Rate (CAGR) of 2.5%. This demonstrates a consistent increase in property values over the decade. This historical data provides insights into the suburb's long-term growth patterns.
What percentage of Eastlakes is apartments vs houses?
Apartments make up a significant portion of the housing stock in Eastlakes. Strata properties, which are predominantly apartments, represent 50.5% of the properties in the suburb. This indicates a fairly balanced mix of houses and apartments in Eastlakes.
Where is Eastlakes in the property cycle?
Currently, the Eastlakes property market is positioned below its long-term trend. This indicates that Eastlakes is in undervalued territory. Market conditions can change, and staying informed is crucial.
What schools are near Eastlakes?
Eastlakes is home to Eastlakes Public School, providing education for local primary school students. Several other schools are located in nearby suburbs, including Rosebery Public School and J J Cahill Memorial High School. These schools cater to the educational needs of families in the Eastlakes area.
What is Eastlakes like to live in?
Eastlakes offers a convenient and community-oriented lifestyle. The suburb features local shops, parks, and schools, creating a family-friendly environment. Its proximity to the city and the coast makes Eastlakes a desirable place to live.
Is Eastlakes good for families?
Eastlakes can be a good choice for families, with its local schools, parks, and community atmosphere. The availability of houses and apartments caters to different family sizes and preferences. However, families should consider their specific needs and budget when evaluating Eastlakes.
How far is Eastlakes from Sydney CBD?
Eastlakes is located approximately 8 kilometres south-east of the Sydney CBD. This proximity allows residents to easily access the city's amenities and employment opportunities. Commuting options include buses and trains from nearby stations.
What transport options are in Eastlakes?
Eastlakes is serviced by bus routes, providing connectivity to surrounding areas. The nearest train station is Green Square Station, which is on the Airport Line. Major roads such as Southern Cross Drive provide access to the city and other parts of Sydney.
How does Eastlakes compare to nearby suburbs?
Eastlakes offers a more affordable property market compared to some of its neighbours in the eastern suburbs. Suburbs like Rosebery and Kensington often have higher median prices. Eastlakes provides a balance of convenience and affordability for buyers.
Is Eastlakes a good first home buyer suburb?
Eastlakes can be an attractive option for first home buyers, particularly those seeking apartments. The median apartment price of $760,000 may be more accessible for first home buyers compared to house prices. The suburb's location and amenities also make it a viable option for those entering the property market.
What are the best streets in Eastlakes?
Garden Street, Gray Crescent, and Barber Avenue are among the streets with higher median property prices in Eastlakes. These streets are known for their desirable location and quality housing. The varying streetscapes contribute to the overall character of Eastlakes.
How many properties have been sold in Eastlakes?
Over the past 36 years, a total of 3,023 properties have been sold in Eastlakes. This figure reflects the active property market and the long-term appeal of the suburb. The number of sales provides insights into the market's liquidity and demand.
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