Greenacre NSW Property Investment

Strathfield · 2190 · Score: 61/100 · Hold

Median House Price
$1.52M
Rental Yield
3.3%
Vacancy Rate
1.6%
Median Weekly Rent
$950/wk
Median Unit Price
$810K
Population
26,314
Days on Market
26 days
Annual Growth
10.1%

Greenacre Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$457/night
Occupancy Rate
40%
Est. Annual Revenue
$67K

Estimated revenue assumes year-round availability. Non-hosted short-stays are night-capped in some councils (e.g. 60 nights across most of Byron Shire, 180 in Ballina, Muswellbrook and parts of Greater Sydney) and levied in Victoria — the legal cap can cut achievable income well below this figure. Run STR Check for the rules on a specific address.

AI Investment Analysis

Greenacre NSW Investment Brief

HOLD — 3.3% gross yield on a $1,515,846 median.

THE MARKET

Greenacre has compounded at 4.9%/yr over 5 years — a house that cost $1,193,377 in 2021 is worth $1,515,846 today. Properties are sitting on market for 26 days (sellers have the leverage). At the same growth rate, today's median reaches $1,925,451 by 2031.

  • Median house: $1,515,846 | Units: $809,773
  • Gross yield: 3.3% | Net yield: 1.8%
  • 5yr price CAGR: 4.9%/yr | 3yr forecast: 13.5%/yr
  • Population: 26,314 | Owner-occupier rate: 63% | Affluence: Average
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 1.6% (improving) | Rental demand: High
  • Median weekly rent: $950/wk | Days on market: 26 (stable)
  • Landlord market — rents likely to keep rising.

SHORT-TERM RENTAL

  • Median nightly rate: $457/night | Occupancy: 40%
  • Estimated annual STR gross: ~$66,677/yr
  • vs long-term rent: $49,400/yr (+35% STR premium — factor in higher management costs)

INFRASTRUCTURE & CATALYSTS

  • WestConnex Motorway (Operational)
  • Sydney Metro City & Southwest (Operational)
  • Sydney Gateway (Under Construction)
  • Sydney Metro West (Under Construction)
  • Transport: Wiley Park station 1.7km away

BULL CASE

If Greenacre maintains 3%+ annual growth and vacancy stays below 1.1%, median prices could reach $1,743,223 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Greenacre pull back 10-15% from $1,515,846, with vacancy rising to 2.9% and rental yields softening as tenants gain leverage.

KEY RISKS

  • No significant risk factors identified for this suburb

COMPARABLE MARKETS

  • Cabramatta West (NSW): $1,231,328 median, 2.9% yield, 7.8% 1yr growth
  • Guildford West (NSW): $1,243,404 median, 3.4% yield, 8.8% 1yr growth
  • Lansvale (NSW): $1,153,058 median, 3.4% yield, 11.3% 1yr growth

THE PLAY

Greenacre offers balanced fundamentals but does not present an urgent buying signal. The market is in a cooling phase with low vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.

  • Entry range: $1,364,261 – $1,667,431
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy staying below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Active gentrification6.0/10
▲Low socioeconomic base — classic gentrification precondition
—Moderate capital growth (4.9% CAGR)
▲Inner/middle ring location (14.1km to CBD) — high gentrification corridor
▲Active development pipeline (998 approvals) — supply attracting new residents
▲Strong public transport infrastructure — supports walkable gentrification

Growth Forecast

high confidence
1yr Forecast
5.8%
p.a.
2yr Forecast
5.3%
p.a.
5yr Forecast
4.6%
p.a.

Basis: 5yr CAGR 4.9% + 10yr CAGR 6.4%

Growth drivers
  • +Above-average population growth (1.5%/yr)
  • +Low rental vacancy (1.6%) — constrained supply
  • +Active market (26 days avg)
  • +Premium transport infrastructure — supports long-term capital growth
Headwinds
  • −High supply pipeline (998 new approvals) — may cap price growth

Suburb Metric Thresholds

6 green6 yellow4 red
Rental Vacancy Rate
1.6 high impact
Days on Market
26 high impact
Weekly Rent (house)
950 medium impact
5yr Price CAGR
4.91 high impact
10yr Price CAGR
6.41 high impact
1yr Price Growth
10.1 medium impact
Population Growth
1.51 high impact
Median Household Income
1453 medium impact
Unemployment Rate
8.2 medium impact
Public Transport Score
8.2 medium impact
School Zone Quality
6.1 medium impact
Distance to CBD
14.06 medium impact
SEIFA Advantage/Disadvantage
3 medium impact
Owner Occupier Rate
63.3 medium impact
Gross Rental Yield (%)
3.26 high impact
Net Rental Yield (%)
1.76 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

▲ 0.25%

Cash rate as at 2026-05-06 · Credit data 2026-07

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

28

2020

552

2021

103

2022

95

2023

220

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 2190

Most disadvantagedLeast disadvantaged

Decile 1 of 10 — High disadvantage

Population

27,559

Education (IEO)

7/10

Econ. Resources (IER)

3/10

10-Year Investment Projection

Modelled on Greenacre NSW data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $950/wk median rent for Greenacre. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Greenacre PS
PrimaryGovernment
4.5/10
Bankstown GHS
SecondaryGovernment
5.2/10
Punchbowl BHS
SecondaryGovernment
4.4/10
Strathfield SHS
SecondaryGovernment
No data

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.