Pagewood
Investment Score
76
/100
AI Intelligence Summary
Pagewood is a strategically positioned suburb in Sydney's south-eastern corridor, approximately 10km from the CBD in the Bayside Local Government Area. This predominantly residential area features a diverse housing mix of medium-density apartments, townhouses, and some detached homes, attracting a multicultural community with significant Asian and European populations. The suburb's proximity to Sydney Airport, excellent transport links via Anzac Parade and Bunnerong Road, and easy access to major amenities like Westfield Eastgardens make it highly attractive to first-home buyers, investors, and professionals seeking convenience. The area benefits from strong infrastructure including comprehensive bus networks, nearby recreational facilities like Centennial Park, and close proximity to popular beaches including Maroubra and Coogee. Limited land availability constrains housing supply, supporting property values, while the growing cafe and restaurant scene along Bunnerong Road enhances the local lifestyle appeal. The property market shows resilience with moderate growth, supported by consistent demand from both owner-occupiers and investors drawn to the suburb's strategic location and development potential.
Strengths
- •Strategic location 10km from Sydney CBD with excellent accessibility
- •Proximity to Sydney Airport ideal for frequent travelers
- •Strong transport connectivity via major arterial roads and bus networks
- •Close to premium amenities including Westfield Eastgardens shopping centre
Opportunities
- •Continued infrastructure improvements in Eastern Suburbs transport network
- •Potential for further medium-density development given strategic location
- •Growing local dining and retail scene along main corridors
- •Increasing demand from airport workers and aviation industry professionals
Considerations
- •Limited local school options requiring access to neighboring suburbs
- •Aircraft noise from nearby Sydney Airport affecting some areas
- •Higher density development reducing traditional suburban character
- •Limited parking in newer apartment developments
Property Market
$1.45M
+6.8% 1yr
$720K
+5.2% 1yr
$950K
$890/wk
$635/wk
32
1.8%
72.0%
Price Growth
| Type | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| House | +6.8% | +18.5% | +32.4% |
| Unit | +5.2% | +15.8% | +28.6% |
Rental Yields
House Yield
3.2%
Unit Yield
4.6%
Townhouse Yield
3.8%
Investment Scorecard
Demand/Supply Ratio: 1.80
Demand exceeds supply — favourable for sellers
Tax & Financial Intelligence
CPA-grade analysis for Pagewood at median house price
+8% surcharge
$890/wk
Negatively geared
Reduces taxable income
~$767/week
Based on 6.5% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR
5-Year Hold
10-Year Hold
Investor Quick Summary
Entry cost (stamp duty)
$62,140
After-tax yield
1.95%
Weekly holding cost
$767/wk
10yr CGT (est.)
$233,484
Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.
Demographics
3,200
37
$78K
per annum
58.0%
42.0%
38.0%
4.2%
45.0%
Dwelling Mix
Lifestyle & Community
18
4
1
10.0 km
Nearest Station: Green Square Station
Urban convenience with access to beaches, parks, shopping, and dining, appealing to active professionals and families who value accessibility and diversity.
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Data sourced from multiple sources. Last updated 28 March 2026.