Suburb Profile Report for Greenwich NSW (2065)

Greenwich House: Median price $2,365,000, Annual capital growth 7.44%, Number of sales 49, Weekly median advertised rent $1,200

Greenwich Unit: Median price $775,000, Annual capital growth 9.23%, Number of sales 55, Weekly median advertised rent $580

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Greenwich is in the bottom 20% in NSW when comparing median price capital growth over the last year. Greenwich gave property investors a dismal capital gain figure when compared to the rest of the state, with 0.21%.

The five-year average increase in median property values for Greenwich,2065 has given property investors a potential capital gain of 46.62% across each of those five years.

With the median price for a house in Greenwich being $2365000 and the advertised rent reaching $1200 the gross rental yield for property investors calculates out to be 2.64%

Investment property in Greenwich has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.90%

Over the longer term, Greenwich has seen property prices show investors a 27.15% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Greenwich is $775000, with sellers offering an average of -2.35% off the asking price.

Situated 5.34km from the CBD, Greenwich is one of Lane Cove localities in the postcode 2065.

Metrics i HOUSE UNIT
$2,365,000 $775,000
-2.47% 2.51%
0.21% 6.90%
7.44% 9.23%
$1,200 $580
49 55
2.64% 3.89%
N/A 61.87

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Greenwich NSW
Demographics
Total population 5178
Median household income ($/weekly) 2358
Median age of persons 39
Median housing loan repayment ($/monthly) 2800
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 583 11.3
    25-34 years 714 13.8
    35-44 years 728 14.1
    45-54 years 732 14.1
    55-64 years 671 13.0
    Others 1751 33.8
    Age Group
    Census Count Percent(%)
    Registered Married 1993 51.0
    Not Married 1568 40.1
    Defacto Relationship 347 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3349 67.2
    Croatia 116 2.3
    Papua New Guinea 153 3.1
    United Kingdom 357 7.2
    Other 331 6.6
    Others 678 13.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 94 2.0
    Christianity 2975 62.6
    Hinduism 107 2.3
    Judaism 54 1.1
    No Religion 1462 30.7
    Others 63 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 180 10.3
    $2,000-$2,499 146 8.4
    $2,500-$2,999 284 16.3
    $3,000-$3,499 153 8.8
    $4,000 or more 285 16.3
    Others 697 39.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1859 44.5
    Not in the labour force 1271 30.4
    Employed, worked part-time 789 18.9
    Employed, away from work 135 3.2
    Unemployed, looking for work 124 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 495 17.8
    Professionals 1243 44.7
    Community & personal service workers 194 7.0
    Clerical & administrative workers 361 13.0
    Sales 190 6.8
    Others 299 10.7
    Occupation
    Census Count Percent(%)
    Pre-school 82 6.3
    Infants/Primary 375 28.6
    Secondary 347 26.4
    Technical or Further Educational Institution 86 6.6
    University or other Tertiary Institutions 371 28.3
    Others 51 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2991 62.4
    Flat, unit or apartment 1543 32.2
    Semi-detached, row or terrace house, townhouse 246 5.1
    House or flat attached to a shop, office 12 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 749 39.1
    Rented 581 30.3
    Being purchased 550 28.7
    Other tenure type 38 2.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals