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Granville

Suburb Profile

Granville - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2142

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $730,000.

The downward trend in home prices in GRANVILLE, 2142 averaged -2.53% per annum over a 3-year period.

Average weekly rents on listings have reached the $480 mark, reflecting a 3.42% increase in returns based on the current median price in GRANVILLE.

An average of 3.58 real estate transactions take place per month in GRANVILLE which translates to 43 per annum.

43 properties were sold in GRANVILLE in 2016, making it the 380th most active market in NSW based on total real estate transactions.

GRANVILLE, 2142 places 976th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $730,000 $473,000
GROWTH REPORT
Median Quarterly -2.67% 8.88%
Median 12 month -5.07% -7.89%
Median 3 years -7.59% -13.21%
Median 5 years 17.65% 1.83%
10 years average annual 8.04% 5.92%
Weekly media advert. rent $480 $430
Time on Market 54.4 days 76.1 days
Gross Rental Yield Percent 3.42% 4.73%
demographics (median values)
Total Population
22888
Weekly Household Income
775.4
Household Size
3.00
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