Suburb Profile Report for Greenwich NSW (2065)

Greenwich House: Median price $2,560,000, Annual capital growth 7.29%, Number of sales 48, Weekly median advertised rent $1,050

Greenwich Unit: Median price $780,000, Annual capital growth 9.50%, Number of sales 50, Weekly median advertised rent $593

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 11.67% which means that Greenwich, 2065 has done well for property investors by showing a capital gain of 9.17% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Greenwich comes in at number 745th in NSW.

Using the current median advertised rental of $1050 and the average annual increase in value of a median property of 7.29%, investors should hope to achieve an overall return of 2.13%

Investment property in Greenwich has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.91%

Across a shorter period, Greenwich, 2065 has seen a median price increase of 0.00% over the last quarter.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.11% offered to property buyers. Sellers in Greenwich itself are offering an average vendor discount of 0.00% to real estate investors.

Situated 5.34km from the CBD, Greenwich is one of Lane Cove localities in the postcode 2065.

Metrics i HOUSE UNIT
$2,560,000 $780,000
4.07% 0.00%
9.17% 8.91%
7.29% 9.50%
$1,050 $593
48 50
2.13% 3.95%
N/A 52.72

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 5178
Median household income ($/weekly) 2358
Median age of persons 39
Median housing loan repayment ($/monthly) 2800
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 583 11.3
    25-34 years 714 13.8
    35-44 years 728 14.1
    45-54 years 732 14.1
    55-64 years 671 13.0
    Others 1751 33.8
    Age Group
    Census Count Percent(%)
    Registered Married 1993 51.0
    Not Married 1568 40.1
    Defacto Relationship 347 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3349 67.2
    Croatia 116 2.3
    Papua New Guinea 153 3.1
    United Kingdom 357 7.2
    Other 331 6.6
    Others 678 13.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 94 2.0
    Christianity 2975 62.6
    Hinduism 107 2.3
    Judaism 54 1.1
    No Religion 1462 30.7
    Others 63 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 180 10.3
    $2,000-$2,499 146 8.4
    $2,500-$2,999 284 16.3
    $3,000-$3,499 153 8.8
    $4,000 or more 285 16.3
    Others 697 39.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1859 44.5
    Not in the labour force 1271 30.4
    Employed, worked part-time 789 18.9
    Employed, away from work 135 3.2
    Unemployed, looking for work 124 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 495 17.8
    Professionals 1243 44.7
    Community & personal service workers 194 7.0
    Clerical & administrative workers 361 13.0
    Sales 190 6.8
    Others 299 10.7
    Occupation
    Census Count Percent(%)
    Pre-school 82 6.3
    Infants/Primary 375 28.6
    Secondary 347 26.4
    Technical or Further Educational Institution 86 6.6
    University or other Tertiary Institutions 371 28.3
    Others 51 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2991 62.4
    Flat, unit or apartment 1543 32.2
    Semi-detached, row or terrace house, townhouse 246 5.1
    House or flat attached to a shop, office 12 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 749 39.1
    Rented 581 30.3
    Being purchased 550 28.7
    Other tenure type 38 2.0
    Tenure Type
Census 2011, ABS
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