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Pagewood

NSW 2035LGA: Bayside Council

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

A decision, not just a search · Pagewood

Does a promising suburb make this the right property decision?

No. Suburb data can help you shortlist, but it cannot establish the value, condition or suitability of a particular property. Compare buying, retaining your current property and waiting against your household cash flow, finance conditions and intended holding period.

Questions that could change the answer

  • What would make this location unsuitable even if its median price rises?
  • Could you meet the costs if income falls, the property is vacant or repairs are needed?
  • Are you comparing a specific property with genuinely comparable sales—or only an area average?

Evidence to obtain—not yet verified here

  • Comparable property evidence with transaction dates and relevant differences.
  • Current loan terms, household commitments and a realistic cash-flow buffer.
  • Property inspections, contract advice and ownership/tax advice where relevant.

Other options: Shortlist another property, retain what you own, reduce the budget or delay. Growth expectations alone are not a reason to proceed.

Next action: Ask a Property Advisor to connect the property evidence with your priorities, and identify the finance, tax or legal professional required for unresolved questions.

When to revisit: Revisit if the price, lending terms, inspection findings or household circumstances change.

General decision guidance—not a property assessment, personal recommendation or verified client result. Dates on surrounding market content apply to that content, not to checks on your property.

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Property Market

Median House

$1.45M

+6.8% 1yr

Median Unit

$720K

+5.2% 1yr

Median Townhouse

$950K

Rent (House)

$890/wk

Rent (Unit)

$635/wk

Days on Market

32

Vacancy Rate

1.8%

Auction Clearance

72.0%

Price Growth

Type1 Year3 Year5 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

Overall Investment Score76/100
Growth Potential78/100
Cashflow Score72/100
Risk Score (lower = safer)68/100
Affordability Index58/100

Demand/Supply Ratio: 1.80

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Pagewood at median house price

Stamp Duty Estimate
Standard transfer
$62,140
First Home Buyer
$62,140
Foreign buyer surcharge
$116,000

+8% surcharge

Negative Gearing Position

Wage offset available until 1 July 2027

An established purchase today falls under the 2026 reforms. From 1 July 2027, losses on established residential property can only offset residential rental income or residential capital gains — not your salary.

Annual rent income
$46,280

$890/wk

Interest (80% LVR @ 6.5%)
-$75,400
Other expenses (~2.5%)
-$36,250
Net rental position
-$65,370

Negatively geared

Tax benefit (39% MTR)
+$25,494

Reduces taxable income until 1 July 2027

After-tax holding cost
$39,876/yr

~$767/week

Land Tax Exposure
Est. land value
$870,000

~60% of median price

Individual threshold
$1,075,000

Below threshold

Trust/company threshold
$25,000 (trust)

Annual: $13,620

CPA Note: Land tax applies to your total NSW land holdings, not individual properties. Portfolio holders should aggregate all investment land values.

CGT Projection

Based on 6.5% p.a. growth (from 5-year trend), CPI indexation + 30% minimum rate, 39% MTR

5-Year Hold

Est. value
$1.98M
Capital gain
$465,371
Assessable gain
$265,711
CGT payable
$103,627

10-Year Hold

Est. value
$2.72M
Capital gain
$1.20M
Assessable gain
$771,795
CGT payable
$301,000

Investor Quick Summary

Entry cost (stamp duty)

$62,140

After-tax yield

1.95%

Weekly holding cost

$767/wk

10yr CGT (est.)

$301,000

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). This calculator provides estimates for illustrative purposes only and does not constitute financial, tax, or investment advice. Results depend on assumptions that may not reflect your actual situation. Tax laws, interest rates, and market conditions change frequently. Always consult a qualified professional — such as a CPA, mortgage broker, or financial adviser — before making financial decisions. Local Knowledge Group of Companies provides integrated advisory through Local Knowledge (CPA), Local Knowledge Finance (Mortgage Brokerage), and Local Knowledge Property (Licensed Agency).

Demographics

Population

3,200

Median Age

37

Median Income

$78K

per annum

Family Households

58.0%

Professionals

42.0%

University Educated

38.0%

Unemployment

4.2%

Born Overseas

45.0%

Dwelling Mix

Houses: 35%Units: 55%Townhouses: 10%Total: 1,450

Lifestyle & Community

Walkability72/100
Public Transport7/10
Schools Rating6/10
Safety7/10
Family Friendly7/10
Cafes & Restaurants

18

Parks

4

Hospitals

1

Distance to CBD

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 11 April 2026.

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