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Greenfield Park, NSW 2176

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

Data updated

Strong Growth

Median House

$1,450,000

market range $1.4M-$1.5M

Median Unit

$775,000

list-price estimate

Gross Yield (houses)

2.5%

1yr Growth (houses)

+10.4%

market range +0.0% to +17.5%

Investment snapshot for Greenfield Park

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

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Greenfield Park market and investor summary

In Greenfield Park, NSW 2176, the median house sells for around $1.4M, on a gross rental yield of 2.5% for houses. House prices have moved +10.4% over the past year. At 2.3% vacancy, it is a broadly balanced rental market.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.5% will not cover holding costs in the early years, so the case leans on price appreciation.

Living in Greenfield Park: people, income and schools

Greenfield Park is home to around 5,394 people, a number that has held fairly steady over five years. At a median age of 38, it reads as broadly working-age, and families account for 88% of households.

The typical household income runs to around $77,000 a year (about $1,480 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 18.9 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 34% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

Families have 49 schools within roughly 5km to choose from, testing below the national school average on ICSEA. Greenfield Park sits about 29 km from the CBD. It is fairly car-dependent; the suburb scores 44 for walkability and 21 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).

Population
5,394
-2% over 5yr
Median age
38 years
Median household income
$77,000/yr
Households renting
30%
Family households
88%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
49
avg ICSEA 929
Unemployment
5.1%
Distance to CBD
29 km
Walk score
44/100

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

Properties in Greenfield Park

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Frequently asked questions about Greenfield Park

What should I check before investing in Greenfield Park?

Greenfield Park has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.2% gives a usable rent-to-price starting point. Capital growth of +10.4% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Greenfield Park?

The median property price in Greenfield Park, NSW 2176 is $1.4M for houses.

What rental yield does Greenfield Park show?

The gross rental yield in Greenfield Park is 2.5% for houses and 4.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Greenfield Park?

House prices in Greenfield Park are up 10.4% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Greenfield Park?

The current vacancy rate in Greenfield Park is 2.3%. 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 Greenfield Park?

Greenfield Park has a population of approximately 5,394 residents, with a median age of 38.

What schools are near Greenfield Park?

There are 49 schools within roughly 5km of Greenfield Park. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Greenfield Park affordable to buy in?

A median house in Greenfield Park costs about 18.9 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 Greenfield Park's population growing?

The population of Greenfield Park has fallen about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Greenfield Park from the CBD?

Greenfield Park is about 29 km from the CBD.

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