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Median values are calculated based on data over a 12 month period.

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Market Report

In Greenfields, the median property price for a house is currently 550,000 with annual capital growth of 33.01 . There were 269 house sales in the past 12 months. On average, houses spend 8 days on market.

If you're thinking about buying an investment property in Greenfields, consider that rental yields for houses are currently 5.10 with an average median rent of 550 weekly. Houses have seen 7.95 growth in the past quarter, and 33.01 growth in the past 12 months.

The size of Greenfields is approximately 10 square kilometres. It has 30 parks covering nearly 12.5% of total area. The population of Greenfields in 2011 was 9,939 people. By 2016 the population was 9,851 showing a population decline of 0.9% in the area during that time. The predominant age group in Greenfields is 0-9 years.

Households in Greenfields are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Greenfields work in a trades occupation. In 2011, 61.8% of the homes in Greenfields were owner-occupied compared with 64% in 2016.

In Greenfields, the median property price for a unit is currently 421,000 with annual capital growth of 33.65 . There were 19 unit sales in the past 12 months. On average, units spend 9 days on market.

If you're thinking about buying an investment property in Greenfields, consider that rental yields for units are currently 6.17 with an average median rent of 500 weekly. Units have seen 7.95 growth in the past quarter, and 33.65 growth in the past 12 months.

The size of Greenfields is approximately 10 square kilometres. It has 30 parks covering nearly 12.5% of total area. The population of Greenfields in 2011 was 9,939 people. By 2016 the population was 9,851 showing a population decline of 0.9% in the area during that time. The predominant age group in Greenfields is 0-9 years.

Households in Greenfields are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Greenfields work in a trades occupation. In 2011, 61.8% of the homes in Greenfields were owner-occupied compared with 64% in 2016.

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Key Market Data House Unit
Median price 550,000 421,000
Quarterly growth +7.95 +7.95
12-month growth +33.01 +33.65
Average annual growth +15.81 +13.86
Weekly median rent 550 500
Gross rental yield 5.10 6.17
Number of Sales (12m) 269 19
Avg. Days on Market (12m) 8 9
Jump to Market Trends
Key Demographics 2011 2016
Total population 9,939 9,851
Population change (5y) +6.68 -0.90
Median household income (p/w) 866 966
Household income change (5y) +16.71 +11.55
Median age of persons 41 44
Jump to Demographics Trends
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