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Greenacre
AREA REPORTS

Greenacre

Greenacre - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2190

house
unit

Based on its average 5-year and quarterly capital gains GREENACRE, 2190 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that GREENACRE, 2190 obtained a 7.97% growth over a ten-year period. It ranks 489th on our list of suburbs that property investors should look into.

GREENACRE, 2190 in NSW belongs to the local government area of Canterbury-Bankstown (A).

GREENACRE, 2190 has a capital gain of 17.33% for the past year, which is higher than average compared to its 26.32% growth within a five-year period.

With the median home price in GREENACRE sitting at $1,080,000, and the average rent at $562.5, property owners could potentially earn a 2.71% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in GREENACRE are high, as opposed to average gains per annum over the past five years.

Data report can be found below

Greenacre
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,080,000 $663,700
GROWTH REPORT
Median Quarterly 7.65% 2.11%
Median 12 month 17.33% 8.8%
Median 3 years 12.5% 5.6%
Median 5 years 26.32% 14.04%
10 years average annual 7.97% 6.18%
Weekly media advert. rent $562.5 $415
Time on Market 58.4 days 42.4 days
Gross Rental Yield Percent 2.71% 3.25%
demographics (median values)*
Total Population
25566
Weekly Household Income
1190
Household Size
3.40
Age
33
Monthly Loan Repayment
2100
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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