Suburb Profile Report for Greystanes NSW (2145)

Greystanes House: Median price $797,000, Annual capital growth 7.34%, Number of sales 275, Weekly median advertised rent $500

Greystanes Unit: Median price $580,000, Annual capital growth 6.14%, Number of sales 18, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report
  • Unit Report

Greystanes, 2145 ranked 951th in NSW when comparing growth in median property values or capital gain over the last 12 months. Greystanes is one of 3162 in our list for NSW

Greystanes,2145 was ranked 2132 in Australia by increase in median property value over the quarter.

Greystanes, 2145 is offering NSW ‘s 778th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.

Residents and property investors in Greystanes have been waiting around 59.31 days to sell a property.

With the median price for a house in Greystanes being $797000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.26%

Investment property in Greystanes has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.45%

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

Property buyers and investors in Greystanes 2145 should be seeing an average reduction in asking price of around -3.95% . This means that Greystanes is holding prices well when compared to other suburbs in NSW.

Residents and property investors in Greystanes have been waiting around 51.06 days to sell a property.

Renters in Suburb are facing rents around $5400 per annum or $450 every week.

HOUSE UNIT
$797,000 $580,000
0.25% 0.87%
3.40% -6.45%
7.34% 6.14%
$500 $450
275 18
3.26% 4.03%
59.31 51.06

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 21702
Median household income ($/weekly) 1379
Median age of persons 38
Median housing loan repayment ($/monthly) 2167
Average household size 3
  • Census Count Percent(%)
    5-14 years 2781 12.8
    25-34 years 2818 13.0
    35-44 years 3042 14.0
    45-54 years 2664 12.3
    55-64 years 2901 13.4
    Others 7498 34.5
    Age Group
    Census Count Percent(%)
    Registered Married 9446 57.8
    Not Married 6186 37.8
    Defacto Relationship 713 4.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 14258 68.3
    Malaysia 664 3.2
    Netherlands 772 3.7
    United Kingdom 490 2.3
    Other 1172 5.6
    Others 3518 16.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 305 1.5
    Christianity 17003 82.1
    Hinduism 523 2.5
    Islam 1016 4.9
    No Religion 1661 8.0
    Others 198 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 613 9.6
    $600-$799 576 9.1
    $800-$999 564 8.9
    $1,500-$1,999 907 14.3
    $2,000-$2,499 715 11.2
    Others 2984 46.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6570 39.5
    Not in the labour force 6036 36.3
    Employed, worked part-time 2839 17.1
    Employed, away from work 667 4.0
    Unemployed, looking for work 534 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 1087 10.8
    Professionals 1699 16.9
    Technicians & trades workers 1532 15.2
    Clerical & administrative workers 2091 20.8
    Sales 992 9.8
    Others 2676 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 419 8.3
    Infants/Primary 1775 35.0
    Secondary 1483 29.3
    Technical or Further Educational Institution 449 8.9
    University or other Tertiary Institutions 824 16.3
    Others 115 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 19276 92.5
    Semi-detached, row or terrace house, townhouse 1451 7.0
    Flat, unit or apartment 109 0.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 3118 45.0
    Being purchased 2630 37.9
    Rented 1162 16.8
    Other tenure type 24 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals