Side by sideSuburb comparison

Parkside vs Eastwood.

Comparing two suburbs with median house prices of $1,755,000 and $1,565,000.

Eastwood (median $1,565,000) is roughly 12% cheaper to buy into than Parkside ($1,755,000). Over the past year, Parkside (+18.1%) ran 18.1 percentage points ahead of Eastwood (0%) on house-price growth.

Parkside scores higher on walkability (100/100 vs 88/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Eastwood (1127) sits above Parkside (1119).

The takeWhich suburb suits which buyer

For buyers

Eastwood is the lower entry point at $1,565,000 median, 12% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Parkside carries both higher gross yield (2.04% vs 1.88%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Eastwood edges out on average school ICSEA (1127 vs 1119). Parkside also has a higher family-household share (65% vs 50%), so the catchment community skews family-heavy.

Common questionsParkside vs Eastwood

Common questions

Is Parkside or Eastwood cheaper to buy in?

Eastwood has the lower median house price at $1,565,000, roughly 12% below Parkside ($1,755,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Parkside or Eastwood?

Over the past 12 months, Parkside grew +18.1% vs 0% in Eastwood, a gap of 18.1 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Parkside or Eastwood have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Eastwood scores 1127 vs 1119 in Parkside. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Parkside or Eastwood?

Parkside scores 100/100 on walkability vs 88/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Parkside or Eastwood?

Gross rental yield on houses is 2.04% in Parkside vs 1.88% in Eastwood. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Parkside
Metric
Eastwood

Price & Market

$1,755,000
Median house
$1,565,000
$329,040
Median unit
$329,040
+18.1%
Annual growth (house)
+0.0%
–
Days on market
–

Rental

$690/wk
Rent (house / wk)
$565/wk
$560/wk
Rent (unit / wk)
$495/wk
59.0%
Owner occupied
63.0%
39.0%
Renter occupied
35.0%

Lifestyle & Demographics

100
Walk score
88
0
Transit score
0
100
Bike score
100
5,126
Population
712
39
Median age
48

Risk & Hazard

–
Flood class
–
–
Bushfire risk
–

Schools

20
Schools nearby
20
1119
Avg ICSEA
1127

Climate

448 mm
Annual rainfall
448 mm
27.9°C
Mean max (Jan)
27.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).