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Greenock

POSTAL CODE: SA, 5360
HOUSE

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

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $780,000.

The upward trend in home prices in GREENOCK, 5360 averaged 10% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in GREENOCK.

An average of 1 real estate transactions take place per month in GREENOCK which translates to 12 per annum.

12 properties were sold in GREENOCK in 2016, making it the 450th most active market in SA based on total real estate transactions.

GREENOCK, 5360 places 394th in Australia based on median property value growth during the quarter.

Surburb overview

Greenock, located approximately 70 kilometres northeast of Adelaide, is a charming rural town in the Barossa Valley region. Part of the Light Regional Council, Greenock is known for its picturesque vineyards, historic buildings, and strong community spirit. The town has a population of around 1,000 residents, making it a small but close-knit community that enjoys the tranquillity of rural living while being connected to the wider Barossa Valley area.

The demographic of Greenock consists primarily of families, professionals, and retirees. Many homes in the area are owner-occupied, with a mix of older, character-filled properties and more modern homes. English is the predominant language spoken, and the town’s median age is slightly above the national average, reflecting its appeal to those seeking a peaceful, semi-rural lifestyle. The town’s community spirit is strong, with many residents involved in local activities and events.

Public transport in Greenock is limited, with bus services connecting the town to nearby Barossa towns such as Nuriootpa, Tanunda, and Angaston. Most residents rely on private vehicles for commuting, with Seppeltsfield Road and the Sturt Highway providing easy access to Adelaide and the broader Barossa Valley region.

Greenock is home to several local amenities, including a general store, cafes, and the Greenock Tavern, which serves as a social hub for the town. The Barossa Valley’s famous wineries surround the area, offering residents and visitors opportunities for wine tasting and scenic drives. Greenock also boasts several parks and recreational spaces, including the Greenock Centenary Park, which features sports facilities, picnic areas, and playgrounds for families.

For families, educational facilities are available in nearby towns, with primary schools in Nuriootpa and secondary schools such as Nuriootpa High School serving the wider community. The town’s proximity to the Barossa Valley’s attractions, its historic charm, and its peaceful, rural setting make Greenock an appealing destination for those seeking a relaxed country lifestyle within one of South Australia’s most renowned wine regions.

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