Suburb Profile Report for Greystanes NSW (2145)

Greystanes House: Median price $802,000, Annual capital growth 7.54%, Number of sales 263, Weekly median advertised rent $500

Greystanes Unit: Median price $622,500, Annual capital growth 6.57%, Number of sales 24, 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 30% 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 1.29%.

Greystanes,2145 has offered an average of 1.29% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Greystanes 2145 should be seeing an average reduction in asking price of around -4.23% . This means that Greystanes is holding prices well when compared to other suburbs in NSW.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

Property value increases in Greystanes have tracked close to the NSW average of 5.41% over the last 12 months.

Taking the average capital gain, or increase in median house value, Greystanes,2145 has racked up an average of 5.51% over the period. This ranks it number 421th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Greystanes is giving property investors an average Vendor Discount of around -4.17%. This puts suburb at number 250th in NSW when ranking the most discounted suburbs.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

HOUSE UNIT
$802,000 $622,500
0.32% 6.41%
1.29% 5.51%
7.54% 6.57%
$500 $500
263 24
3.24% 4.18%
60.03 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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