Suburb Profile Report for Greta NSW (2334)

Greta House: Median price $340,000, Annual capital growth 4.32%, Number of sales 67, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Greta, 2334 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.10%.

A 13.33% growth in median value for property investors in Greta,2334 puts this suburb at number 419th in terms of best performing suburbs in NSW

Our latest figures would indicate that property sellers in Greta are currently offering property investors an average price cut of -6.41% below the asking price at the moment.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.35%, without taking into account capital value appreciation, which has been averaging out at 4.32%.

HOUSE UNIT
$340,000 N/A
2.56% N/A
5.10% N/A
4.32% N/A
$350 N/A
67 N/A
5.35% N/A
95.55 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 2483
Median household income ($/weekly) 1330
Median age of persons 32
Median housing loan repayment ($/monthly) 1733
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 386 15.5
    25-34 years 366 14.7
    35-44 years 348 14.0
    45-54 years 286 11.5
    55-64 years 267 10.7
    Others 831 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 799 46.6
    Not Married 680 39.7
    Defacto Relationship 236 13.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2193 92.5
    Greece 25 1.1
    Papua New Guinea 35 1.5
    United Kingdom 43 1.8
    Other 31 1.3
    Others 44 1.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 5 0.2
    Christianity 1810 78.1
    Islam 9 0.4
    Other Religious Groups 7 0.3
    No Religion 482 20.8
    Others 4 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 72 9.6
    $600-$799 69 9.2
    $1,000-$1,249 79 10.5
    $1,500-$1,999 108 14.4
    $2,500-$2,999 82 10.9
    Others 341 45.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 691 38.9
    Not in the labour force 637 35.9
    Employed, worked part-time 292 16.5
    Employed, away from work 81 4.6
    Unemployed, looking for work 74 4.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 89 8.4
    Technicians & trades workers 245 23.0
    Clerical & administrative workers 107 10.1
    Machinery operators & drivers 217 20.4
    Labourers 147 13.8
    Others 259 24.3
    Occupation
    Census Count Percent(%)
    Pre-school 86 14.5
    Infants/Primary 242 40.7
    Secondary 169 28.5
    Technical or Further Educational Institution 65 10.9
    University or other Tertiary Institutions 23 3.9
    Others 9 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2330 97.9
    Semi-detached, row or terrace house, townhouse 31 1.3
    Flat, unit or apartment 11 0.5
    House or flat attached to a shop, office 7 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 394 47.9
    Fully owned 249 30.3
    Rented 175 21.3
    Other tenure type 5 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals