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Greenwich, NSW 2065
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$2,295,000
list-price estimate
Median Unit
$880,000
market range $850K-$925K
Gross Yield (houses)
2.0%
1yr Growth (houses)
-5.2%
market range -15.0% to -2.5%
Investment snapshot for Greenwich
Greenwich has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Greenwich market and investor summary
In Greenwich, NSW 2065, houses show a gross rental yield of 2.0%. House prices have moved -5.2% over the past year and -1.5% over three years. At 2.2% 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 2.0% will not cover holding costs in the early years, so the case leans on price appreciation. If you are weighing units rather than houses, a pipeline of new approvals is worth watching as future supply that can hold back apartment price and rent growth.
Living in Greenwich: people, income and schools
Greenwich is home to around 5,469 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 68% of households.
The typical household income runs to around $153,000 a year (about $2,950 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). Incomes have risen about 13% over five years, which tends to underpin what local buyers can pay.
Families have 72 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Greenwich sits about 4.8 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 69 for walkability and 32 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).
- Population
- 5,469
- +5% over 5yr
- Median age
- 42 years
- Median household income
- $153,000/yr
- Households renting
- 31%
- Family households
- 68%
- Socio-economic rank
- 10/10
- ABS advantage index
- Schools within 5km
- 72
- avg ICSEA 1148
- Unemployment
- 3.7%
- Distance to CBD
- 4.8 km
- Walk score
- 69/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Greenwich
View all →Frequently asked questions about Greenwich
What should I check before investing in Greenwich?
Greenwich has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.3% gives a usable rent-to-price starting point. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Greenwich?
The median property price in Greenwich, NSW 2065 is $880K for units.
What rental yield does Greenwich show?
The gross rental yield in Greenwich is 2.0% for houses and 4.3% 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 Greenwich?
House prices in Greenwich are down 5.2% over the past year and down 1.5% over three years. 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 Greenwich?
The current vacancy rate in Greenwich is 2.2%. 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 Greenwich?
Greenwich has a population of approximately 5,469 residents, with a median age of 42.
What schools are near Greenwich?
There are 72 schools within roughly 5km of Greenwich. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Greenwich's population growing?
The population of Greenwich has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Greenwich from the CBD?
Greenwich is about 4.8 km from the CBD.
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