Suburb Profile Report for Greenwich NSW (2065)

Greenwich House: Median price $2,365,000, Annual capital growth 7.10%, Number of sales 49, Weekly median advertised rent $1,090

Greenwich Unit: Median price $723,000, Annual capital growth 7.46%, Number of sales 56, Weekly median advertised rent $563

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

Source: CoreLogic

  • House Report
  • Unit Report

Greenwich has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.74% to date .

Greenwich,2065 was ranked 2095 in Australia by increase in median property value over the quarter.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Greenwich itself are offering an average vendor discount of -15.24% to real estate investors.

On average over the past year, suburb has had 4.08 sales per month, which equates to 49 per year.

Greenwich is 1080th on a list of best yielding suburbs for rents in NSW with a 2.40% return

Over the last year, property investments in Greenwich, 2065 have given investors a capital gain of -1.11%. This compares badly with the 5.73% for NSW as a whole.

Greenwich,2065 was ranked 746 in Australia by increase in median property value over the quarter.

The most recent median price for Greenwich is $723000, with sellers offering an average of -9.57% off the asking price.

Advertised rents are around the $562.5 mark per week – giving a return of 4.05% based on the median price in Suburb

Metrics i HOUSE UNIT
$2,365,000 $723,000
1.07% 0.95%
7.74% -1.11%
7.10% 7.46%
$1,090 $563
49 56
2.40% 4.05%
91.88 50.5

Source: CoreLogic

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