Suburb Profile Report for Greystanes NSW (2145)

Greystanes House: Median price $820,000, Annual capital growth 7.76%, Number of sales 264, Weekly median advertised rent $500

Greystanes Unit: Median price $624,500, Annual capital growth 6.77%, Number of sales 23, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report
  • Unit Report

Greystanes is in the bottom 40% in NSW when comparing median price capital growth over the last year. Greystanes gave property investors a disappointing capital gain figure when compared to the rest of the state, with 3.27%.

The five-year average increase in median property values for Greystanes,2145 has given property investors a potential capital gain of 68.38% across each of those five years.

Sellers are offering property buyers an average discount of -4.25% to buyers in Greystanes at the moment, which is less than average for the rest of NSW.

Residents and property investors in Greystanes have been waiting around 59.77 days to sell a property.

Situated 24.19km from the CBD, Greystanes is one of Holroyd localities in the postcode 2145.

Property value increases in Greystanes have tracked close to the NSW average of 5.73% over the last 12 months.

While Greystanes,2145 ranked number 140th in NSW for increase in median house value (annualised) increase, it is ranked 91th over the last 5 years.

Vendor discounting in Greystanes is giving property investors an average Vendor Discount of around -4.17%. This puts suburb at number 248th in NSW when ranking the most discounted suburbs.

In the last year 23 properties changed hands in Greystanes, which puts it as the 425th most active market in NSW when comparing the number of sales per suburb.

HOUSE UNIT
$820,000 $624,500
2.50% 3.74%
3.27% 5.85%
7.76% 6.77%
$500 $500
264 23
3.17% 4.16%
59.77 40.94

Source: CoreLogic

DSR Score for property investment : Above average (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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