Suburb Profile Report for Greystanes NSW (2145)

Greystanes House: Median price $855,000, Annual capital growth 8.17%, Number of sales 263, Weekly median advertised rent $515

Greystanes Unit: Median price $668,000, Annual capital growth 9.27%, Number of sales 35, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report
  • Unit Report

Greystanes, 2145 ranked 919th in NSW when comparing growth in median property values or capital gain over the last 12 months. Greystanes is one of 3163 in our list for NSW

Greystanes,2145 has offered an average of 7.28% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Greystanes is offering property investors an average of -5.23. This rate of discount on properties puts Suburb at number 1003th in terms of most discounted suburbs in NSW

With the median price for a house in Greystanes being $855000 and the advertised rent reaching $515 the gross rental yield for property investors calculates out to be 3.13%

If you compare the increase in value of investment property in Greystanes, 2145 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 16.17%.

The five-year average increase in median property values for Greystanes,2145 has given property investors a potential capital gain of 75.79% across each of those five years.

Property buyers and investors in Greystanes 2145 should be seeing an average reduction in asking price of around -3.21% . This means that Greystanes is holding prices well when compared to other suburbs in NSW.

Often selling an investment property can take time, and in Greystanes the average time real estate has been on the market is 59.58 days.

The NSW suburb of Greystanes, 2145 is in the Holroyd local government area.

Metrics i HOUSE UNIT
$855,000 $668,000
1.06% 0.45%
7.28% 16.17%
8.17% 9.27%
$515 $500
263 35
3.13% 3.89%
43.32 59.58

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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