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Greendale, NSW 2745

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$1,150,000

Median Unit

$745,000

Gross Yield (houses)

3.5%

1yr Growth (units)

+0.0%

estimate

Investment snapshot for Greendale

Greendale has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Greendale market and investor summary

In Greendale, NSW 2745, the median house sells for around $1.1M, on a gross rental yield of 3.5% for houses. At 2.6% vacancy, it is a broadly balanced rental market.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.5% is neither a standout cashflow play nor a pure growth bet.

Living in Greendale: people, income and schools

Greendale is home to around 314 people, a number that has held fairly steady over five years. At a median age of 42, it reads as skewed a little older, and families account for 86% of households.

The typical household income runs to around $102,000 a year (about $1,960 a week). On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 11.3 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 15% over five years, which tends to underpin what local buyers can pay.

Families have 2 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Greendale sits about 50 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
314
+3% over 5yr
Median age
42 years
Median household income
$102,000/yr
Households renting
39%
Family households
86%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
2
avg ICSEA 994
Unemployment
1.5%
Distance to CBD
50 km

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Greendale

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Frequently asked questions about Greendale

What should I check before investing in Greendale?

Greendale has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.6% gives a usable rent-to-price starting point. Houses sell quickly (15 days on market), which points to strong sales liquidity. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Greendale?

The median property price in Greendale, NSW 2745 is $1.1M for houses and $745K for units.

What rental yield does Greendale show?

The gross rental yield in Greendale is 3.5% for houses and 4.6% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Greendale?

The current vacancy rate in Greendale is 2.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Greendale?

Greendale has a population of approximately 314 residents, with a median age of 42.

What schools are near Greendale?

There are 2 schools within roughly 5km of Greendale. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Greendale affordable to buy in?

A median house in Greendale costs about 11.3 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Greendale's population growing?

The population of Greendale has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Greendale from the CBD?

Greendale is about 50 km from the CBD.

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