Suburb Profile Report for Greta NSW (2334)

Greta House: Median price $370,000, Annual capital growth 5.08%, Number of sales 72, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report

Greta is in the bottom 20% in NSW when comparing median price capital growth over the last year. Greta gave property investors a dismal capital gain figure when compared to the rest of the state, with -2.63%.

Comparing Greta,2334 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -3.64% to buyers in Greta at the moment, which is less than average for the rest of NSW.

A $360 per week rent on the median house gives suburb investors a gross yield of circa 5.06%, without taking into account capital value appreciation, which has been averaging out at 5.08%.

Metrics i HOUSE UNIT
$370,000 N/A
1.72% N/A
-2.63% N/A
5.08% N/A
$360 N/A
72 N/A
5.06% N/A
64.04 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (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