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Greta, VIC 3675

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

Data updated

Median House

$720,000

Median Unit

$640,000

list-price estimate

Gross Yield (houses)

3.2%

1yr Growth

-

Investment snapshot for Greta

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

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Greta market and investor summary

Greta (VIC 3675) runs a median house price of $720K, with houses yielding a gross 3.2%.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.2% will not cover holding costs in the early years, so the case leans on price appreciation.

Living in Greta: people, income and schools

About 86 people live in Greta, a number that has held fairly steady over five years. The median age is 47, skewed a little older, and 90% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $106,000 a year, or roughly $2,040 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to about 6.8 times local household income, in line with much of metropolitan Australia. Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.

Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
86
+3% over 5yr
Median age
47 years
Median household income
$106,000/yr
Households renting
10%
Family households
75%
Socio-economic rank
6/10
ABS advantage index
Unemployment
2.7%

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

Properties in Greta

No properties currently listed in Greta

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Frequently asked questions about Greta

What should I check before investing in Greta?

Greta has enough public data for first-pass screening across yield, vacancy, price and supply signals. Houses sell quickly (16 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 Greta?

The median property price in Greta, VIC 3675 is $720K for houses.

What rental yield does Greta show?

The gross rental yield in Greta is 3.2% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How many people live in Greta?

Greta has a population of approximately 86 residents, with a median age of 47.

Is Greta affordable to buy in?

A median house in Greta costs about 6.8 times the median local household income (broadly in line with metropolitan Australia). 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 Greta's population growing?

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

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