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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Griffith, the median property price for a house is currently 569,000 with annual capital growth of 4.88 . There were 254 house sales in the past 12 months. On average, houses spend 37 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 4.88 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.
In Griffith, the median property price for a unit is currently 402,500 with annual capital growth of 6.76 . 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 5.56 with an average median rent of 405 weekly. Units have seen 0.63 growth in the past quarter, and 6.76 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.
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| Key Market Data | House | Unit |
| Median price | 569,000 | 402,500 |
| Quarterly growth | +1.61 | +0.63 |
| 12-month growth | +4.88 | +6.76 |
| Average annual growth | +9.59 | +8.45 |
| Weekly median rent | 490 | 405 |
| Gross rental yield | 4.93 | 5.56 |
| Number of Sales (12m) | 254 | 20 |
| Avg. Days on Market (12m) | 37 | 26 |
| 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 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
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 were born in Australia.
Most of the population in Griffith report their religion as Catholic.
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.
Most of the population in Griffith work as Labourer.
The chart below demonstrates the various levels of education in Griffith.
The chart below demonstrates the various levels of education in Griffith.
Most of the population in Griffith reached a qualification level of Certificate.
Most of the population in Griffith reached a qualification level of Certificate.
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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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