Eastlakes takes its name from the extensive lake system on its southeast and its location in the Eastern Suburbs and is 8km’s from Sydneys CBD.

Eastlakes is one area that seems to certainly fly under the radar in many regards. Eastlakes continues to show very strong capital growth and is supported by a main shopping centre that is currently in the process of being State approved for major redevelopment.

A mixture of older style apartments that where built over the Rosebery Racecourse in the late 1960’s and traditional bungalows surrounding family orientated streets that adjoin one of Australia’s premier Golf courses, the “Lakes”.

Eastlakes has a very bright future with high earning rental returns for these solid older units. We still remember selling them for $66,000 back in the 1970’s and now the average unit price is around $540,000 in 2015! Traditional family homes are now highly sought and with the future of the new shopping centre redevelopment RRE believes that this area is one to keep your eye on for buoyant capital growth.