Suburb Profile Report for Greenwich NSW (2065)

Greenwich House: Median price $2,340,000, Annual capital growth 7.42%, Number of sales 43, Weekly median advertised rent $1,095

Greenwich Unit: Median price $720,000, Annual capital growth 7.01%, Number of sales 52, Weekly median advertised rent $550

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Greenwich have tracked close to the NSW average of 6.38% over the last 12 months.

If we look at median property appreciation over just the last three months, Greenwich has given property investors a paper return of -0.85%. This puts Suburb as 1067 on a list of fastest fasting appreciating suburbs in NSW

Vendor discounting in Greenwich is giving property investors an average Vendor Discount of around -15.24%. This puts suburb at number 3rd in NSW when ranking the most discounted suburbs.

The NSW suburb of Greenwich, 2065 is in the Lane Cove local government area.

Greenwich, 2065 ranked 429th in NSW when comparing growth in median property values or capital gain over the last 12 months. Greenwich is one of 3163 in our list for NSW

The five-year average increase in median property values for Greenwich,2065 has given property investors a potential capital gain of 32.35% across each of those five years.

Greenwich2065 is located in NSW which offers an average discount of -4.45% to property investors. Greenwich itself is showing figures that indicate -8.93% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Greenwich the average time real estate has been on the market is 49.7 days.

HOUSE UNIT
$2,340,000 $720,000
-0.85% 0.53%
5.17% -0.38%
7.42% 7.01%
$1,095 $550
43 52
2.43% 3.97%
91.36 49.7

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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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
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Recent sales & rentals