Suburb Profile Report for Granville NSW (2142)

Granville House: Median price $795,000, Annual capital growth 9.70%, Number of sales 91, Weekly median advertised rent $470

Granville Unit: Median price $515,000, Annual capital growth 8.91%, Number of sales 205, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

Granville has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -0.75% to date .

A 81.09% growth in median value for property investors in Granville,2142 puts this suburb at number 1130th in terms of best performing suburbs in NSW

Vendor discounting in Granville is giving property investors an average Vendor Discount of around -4.62%. This puts suburb at number 621th in NSW when ranking the most discounted suburbs.

In the last year 91 properties changed hands in Granville, which puts it as the 335th most active market in NSW when comparing the number of sales per suburb.

With the median price for a house in Granville being $795000 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 3.07%

If you compare the increase in value of investment property in Granville, 2142 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.79%.

When looking at the potential capital gains offered to property investors over the last 3 years, Granville comes in at number 347th in NSW.

Sellers are offering property buyers an average discount of -6.26% to buyers in Granville at the moment, which is less than average for the rest of NSW.

In the last year 205 properties changed hands in Granville, which puts it as the 61th most active market in NSW when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$795,000 $515,000
-0.63% 1.98%
-0.75% 2.79%
9.70% 8.91%
$470 $420
91 205
3.07% 4.24%
56.54 65.53

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 13989
Median household income ($/weekly) 1086
Median age of persons 30
Median housing loan repayment ($/monthly) 1777
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1561 11.2
    20-24 years 1368 9.8
    25-34 years 3197 22.9
    35-44 years 2021 14.4
    45-54 years 1568 11.2
    Others 4275 30.6
    Age Group
    Census Count Percent(%)
    Registered Married 4905 48.3
    Not Married 4857 47.8
    Defacto Relationship 398 3.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5259 41.5
    Croatia 969 7.6
    Indonesia 1252 9.9
    Malaysia 932 7.4
    Other 1857 14.6
    Others 2407 19.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 694 5.5
    Christianity 5808 46.3
    Hinduism 1596 12.7
    Islam 2459 19.6
    No Religion 1565 12.5
    Others 412 3.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 393 9.8
    $600-$799 446 11.1
    $800-$999 394 9.8
    $1,000-$1,249 408 10.1
    $1,500-$1,999 570 14.2
    Others 1811 45.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3849 37.7
    Employed, worked full-time 3636 35.6
    Employed, worked part-time 1724 16.9
    Unemployed, looking for work 620 6.1
    Employed, away from work 394 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1075 18.7
    Technicians & trades workers 787 13.7
    Community & personal service workers 576 10.0
    Clerical & administrative workers 889 15.5
    Labourers 767 13.3
    Others 1659 28.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 954 28.3
    Secondary 682 20.3
    Technical or Further Educational Institution 528 15.7
    University or other Tertiary Institutions 762 22.6
    Other type of educational institution 246 7.3
    Others 194 5.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6609 51.5
    Flat, unit or apartment 4930 38.4
    Semi-detached, row or terrace house, townhouse 1224 9.5
    House or flat attached to a shop, office 60 0.5
    Improvised home, tent, sleepers out 17 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2080 48.0
    Being purchased 1304 30.1
    Fully owned 930 21.4
    Other tenure type 22 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals