Suburb Profile Report for Granville NSW (2142)

Granville House: Median price $791,000, Annual capital growth 9.13%, Number of sales 105, Weekly median advertised rent $455

Granville Unit: Median price $470,500, Annual capital growth 6.41%, Number of sales 118, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 3286th in the list of Australian suburbs ordered by increase in median house value over the last year, Granville, 2142 is in the BOTTOM 30% with a property value increase of -3.54% recorded in median house prices.

Granville,2142 has offered an average of -3.54% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Granville are currently offering property investors an average price cut of -7.78% below the asking price at the moment.

Renters in Suburb are facing rents around $5460 per annum or $455 every week.

With a capital gain of 2.28% for the last 12 months, Granville, 2142 has performed for property investments than its average annual 6.41% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Granville has increased when compared to the 5 year average annual rate.

Vendor discounting in Granville is giving property investors an average Vendor Discount of around -5.32%. This puts suburb at number 121th in NSW when ranking the most discounted suburbs.

Situated 18.42km from the CBD, Granville is one of Parramatta localities in the postcode 2142.

HOUSE UNIT
$791,000 $470,500
-1.25% 0.75%
-3.54% 2.28%
9.13% 6.41%
$455 $410
105 118
2.99% 4.53%
83.51 51.23

Source: CoreLogic

DSR Score for property investment : Above average (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