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Greenwald, VIC 3304
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$590,000
list-price estimate
Median Unit
$110,000
list-price estimate
Gross Yield (houses)
4.8%
1yr Growth
-
Investment snapshot for Greenwald
Greenwald has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Greenwald market and investor summary
In Greenwald, VIC 3304, houses show a gross rental yield of 4.8%. At 0.7% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.8% is neither a standout cashflow play nor a pure growth bet.
Living in Greenwald: people, income and schools
Greenwald has a resident population of roughly 58, a number that has held fairly steady over five years. At a median age of 44, it reads as skewed a little older, and families account for 82% of households.
The typical household income runs to around $72,000 a year (about $1,380 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10).
- Population
- 58
- -1% over 5yr
- Median age
- 44 years
- Median household income
- $72,000/yr
- Households renting
- 32%
- Family households
- 82%
- Socio-economic rank
- 2/10
- ABS advantage index
- Unemployment
- 2.3%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Greenwald
No properties currently listed in Greenwald
Search Greenwald listings →Frequently asked questions about Greenwald
What should I check before investing in Greenwald?
Greenwald has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.8% gives a usable rent-to-price starting point. Tight rental market (0.7% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What rental yield does Greenwald show?
The gross rental yield in Greenwald is 4.8% for houses. 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 Greenwald?
The current vacancy rate in Greenwald is 0.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Greenwald?
Greenwald has a population of approximately 58 residents, with a median age of 44.
Is Greenwald's population growing?
The population of Greenwald has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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