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Greystanes Suburb Insights
VICLocation Information
Suburb Name
Greystanes, VIC
Distance from CBD
17.8 kmDemographics
Population
22,802
Median Income
$33,800
Area Information
Area
8.97 km²
Population Density
2542 people/km²
Property Market
Median Price
$614,994
Annual Growth
+7.6%Property Price Trend Analysis
Current Median Price
$614,994
Annual Growth
+7.6%
Quarterly Growth
+2.4%
Price Trends - Last 6 Months
2024-01
$704,749
+4.1%2024-02
$919,781
+6.9%2024-03
$970,075
+8.2%2024-04
$445,493
+12.7%2024-05
$676,855
+15%2024-06
$713,471
+13.6%Property Type Price Analysis
House
Median Price
$1,239,087
Growth Rate
+13.4%Available Listings
206 properties
Apartment
Median Price
$416,828
Growth Rate
+6.3%Available Listings
708 properties
Townhouse
Median Price
$439,527
Growth Rate
+16.9%Available Listings
258 properties
Investment Potential Assessment
Investment Advantages
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy