Powered by MOMENTUM MEDIA
AREA REPORTS

Grenfell

Suburb Profile

Grenfell - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2810

house

GRENFELL, 2810 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling GRENFELL, 2810 values up and netting property investors a capital gain of 42.42% for the past year.

Investors saw the median home price rise to $235,000.

Profits due to an upward trend in home prices in the suburb averaged 12.48% per annum over a 3-year period.

GRENFELL now ranks at the 522nd place on a list of fastest growing suburbs in the territory.

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

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In GRENFELL, homes and units usually stay on listing for an average of 114.5 days.

In 2016, 37 properties were sold in GRENFELL during the past year, making it the 523rd most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $235,000 N/A
GROWTH REPORT
Median Quarterly 2.17% N/A
Median 12 month 42.42% N/A
Median 3 years 37.43% N/A
Median 5 years 18.69% N/A
10 years average annual 8.55% N/A
Weekly media advert. rent N/A N/A
Time on Market 114.5 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
2416
Weekly Household Income
578.9
Household Size
2.20
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Melbourne

$170m development to benefit Melbourne’s eastern suburbs

MaxCap Group has closed a $170 million senior debt deal for a development finance that will be used to deliver an exciting project in Melbou...

Why are some capitals outperforming others

Why are some capitals outperforming others?

Australia’s capital cities have had mixed results from the fallout of COVID-19, with some benefiting while others suffer, according to new...

Property market update Sydney

Property market update: Sydney, July 2020

Throughout the COVID-19 crisis, Sydney property values have fallen by 0.8 per cent, while national capital has fallen by an average of 0.7 p...

My Business Week 2020

Business owners to benefit from virtual event

Smart Property Investment’s sister brand, MyBusiness, is bringing together an impressive line-up of decision makers, dignitaries, business...

Home buyers ‘tentatively’ return to market

Home buyers ‘tentatively’ return to market

New figures have shown a spike in buyer confidence, with more looking for a home loan in June than the month prior. ...

Simon Pressley

Off-market or ‘on the nose’?

The term “off-market” gets thrown around more and more these days. For the record, Propertyology has never been totally comfortable with...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.