Suburb Profile Report for Greenacre NSW (2190)

Greenacre House: Median price $864,000, Annual capital growth 7.95%, Number of sales 249, Weekly median advertised rent $550

Greenacre Unit: Median price $615,000, Annual capital growth 7.72%, Number of sales 77, Weekly median advertised rent $470

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2747th in the list of Australian suburbs ordered by increase in median house value over the last year, Greenacre, 2190 is in the BOTTOM 40% with a property value increase of 0.47% recorded in median house prices.

Over the longer term, Greenacre has seen property prices show investors a 44.00% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -6.62% to buyers in Greenacre at the moment, which is less than average for the rest of NSW.

Property value increases in Greenacre have tracked higher than the NSW average of 5.59% over the last 12 months.

Greenacre,2190 has offered an average of 16.86% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Greenacre is giving property investors an average Vendor Discount of around -4.42%. This puts suburb at number 216th in NSW when ranking the most discounted suburbs.

HOUSE UNIT
$864,000 $615,000
1.65% 2.50%
0.47% 16.86%
7.95% 7.72%
$550 $470
249 77
3.31% 3.97%
97.1 68.34

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 23212
Median household income ($/weekly) 959
Median age of persons 32
Median housing loan repayment ($/monthly) 2100
Average household size 3.3
  • Census Count Percent(%)
    5-14 years 3873 16.7
    25-34 years 2989 12.9
    35-44 years 2887 12.4
    45-54 years 2892 12.5
    55-64 years 2208 9.5
    Others 8363 36.0
    Age Group
    Census Count Percent(%)
    Registered Married 8457 52.0
    Not Married 7473 45.9
    Defacto Relationship 349 2.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 12643 57.7
    Lebanon 420 1.9
    Malaysia 3380 15.4
    Viet Nam 522 2.4
    Other 1808 8.2
    Others 3153 14.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 674 3.1
    Christianity 10763 49.3
    Hinduism 226 1.0
    Islam 9032 41.4
    No Religion 990 4.5
    Others 151 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 768 12.9
    $600-$799 661 11.1
    $800-$999 583 9.8
    $1,000-$1,249 601 10.1
    $1,500-$1,999 653 11.0
    Others 2681 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 7991 48.9
    Employed, worked full-time 4640 28.4
    Employed, worked part-time 2373 14.5
    Unemployed, looking for work 734 4.5
    Employed, away from work 596 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 833 11.0
    Professionals 1250 16.4
    Technicians & trades workers 1183 15.6
    Clerical & administrative workers 1213 15.9
    Sales 788 10.4
    Others 2339 30.8
    Occupation
    Census Count Percent(%)
    Pre-school 456 7.1
    Infants/Primary 2311 35.8
    Secondary 1975 30.6
    Technical or Further Educational Institution 567 8.8
    University or other Tertiary Institutions 1008 15.6
    Others 143 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 16244 73.4
    Semi-detached, row or terrace house, townhouse 4969 22.5
    Flat, unit or apartment 870 3.9
    House or flat attached to a shop, office 47 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2305 35.4
    Fully owned 2162 33.2
    Rented 1981 30.5
    Other tenure type 57 0.9
    Tenure Type
Census 2011, ABS
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