Griffith, NSW 2680: Suburb Profile & Property Report

Market Report

House report
Unit Report

Griffith has 263 houses available for sale. The median property price for a house is currently $569,000 with annual capital growth of 7.16% . There were 274 house sales in the past 12 months. On average, houses spend 34 days on market.

If you're thinking about buying an investment property in Griffith, consider that rental yields for houses are currently 4.93% with an average median rent of $490 weekly. Houses have seen 1.61% growth in the past quarter, and 7.16% growth in the past 12 months.

The size of Griffith is approximately 52 square kilometres. It has 78 parks covering nearly 13.9% of total area. The population of Griffith in 2011 was 16,973 people. By 2016 the population was 18,198 showing a population growth of 7.2% in the area during that time. The predominant age group in Griffith is 0-9 years.

Households in Griffith are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Griffith work in a labourer occupation. In 2011, 60.7% of the homes in Griffith were owner-occupied compared with 58.9% in 2016.

Griffith has 15 units available for sale. The median property price for a unit is currently $402,500 with annual capital growth of 7.62% . There were 20 unit sales in the past 12 months. On average, units spend 26 days on market.

If you're thinking about buying an investment property in Griffith, consider that rental yields for units are currently 5.55% with an average median rent of $400 weekly. Units have seen 1.58% growth in the past quarter, and 7.62% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$569,000	$402,500
Quarterly growth	+1.61%	+1.58%
12-month growth	+7.16%	+7.62%
Average annual growth	+9.59%	+8.95%
Weekly median rent	$490	$400
Gross rental yield	4.93%	5.55%
Number of Sales (12m)	274	20
Avg. Days on Market (12m)	34	26

Jump to Market Trends

Key Demographics	2011	2016
Total population	16,973	18,198
Population change (5y)	+7.25%	+7.20%
Median household income (p/w)	$1,016	$1,282
Household income change (5y)	+8.78%	+26.18%
Median age of persons	35	36

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Griffith is $569,000 for houses and $402,500 for units.

The Median Growth in Griffith over the past 12 months is 7.16% for houses and 7.62% for units.

Over the past 12 months there were 274 houses sold and 20 units sold in Griffith. On average, houses spent 34 days on market and units spent 26 days on market.

In the past 12 months up to August 2024 there were 274 houses sold and 20 units sold in Griffith. On average, houses spent 34 days on market and units spent 26 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Griffith is $490 for houses and $400 for units.

The Rental Yield in Griffith is 4.93% for houses and 5.55% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Griffith was 18,198 in 2016, a +7.20% change compared to 2011.

The predominant age group in Griffith is 0-9 years.

The population of Griffith was 18,198 in 2016, a +7.20% change compared to 2011.

The predominant age group in Griffith is 0-9 years.

Most of the population in Griffith were born in Australia.

Most of the population in Griffith report their religion as Catholic.

Most of the population in Griffith report their income range as between $78,000 and $130,000 .

The median household income in Griffith was $1,282 in 2016, a +26.18% change compared to 2011.

Most of the population in Griffith report their income range as between $78,000 and $130,000 .

The median household income in Griffith was $1,016 in 2011, a +8.78% change compared to 2006.

Most of the population in Griffith work as Labourer.

The chart below demonstrates the various levels of education in Griffith.

Most of the population in Griffith reached a qualification level of Certificate.

2011 2016

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While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.

Contains property sales information provided under licence from the Valuer General New South Wales. RP Data Pty Ltd trading as CoreLogic Asia Pacific is authorised as a Property Sales Information provider by the Valuer General New South Wales.

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