Greenfield Park is a mid-sized suburb in New South Wales within the Fairfield local government area (postcode 2176). With a population of 5,394, the suburb has an established demographic with a median age of 38. Households earn a median income of $77K per year, with an average household size of 3.5 people. The most common occupations are professionals, clerical & administrative, machinery operators & drivers. The top ancestries reported are Vietnamese, Chinese, Australian.
The median house price in Greenfield Park is $1.1 million, having dropped significantly 18.5% over the past year. Units have a median price of $850,000 (+16.4% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,000.
Greenfield Park is served by 1 school, including 1 primary. The average ICSEA score is 954, which is around the national average of 1,000. Public transport access includes 30 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Greenfield Park offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 14.3x is considered stretched. House prices have moved -18.5% year-on-year.
Greenfield Park is a mid-sized suburb in New South Wales within the Fairfield local government area (postcode 2176). With a population of 5,394, the suburb has an established demographic with a median age of 38. Households earn a median income of $77K per year, with an average household size of 3.5 people. The most common occupations are professionals, clerical & administrative, machinery operators & drivers. The top ancestries reported are Vietnamese, Chinese, Australian.
The median house price in Greenfield Park is $1.1 million, having dropped significantly 18.5% over the past year. Units have a median price of $850,000 (+16.4% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,000.
Greenfield Park is served by 1 school, including 1 primary. The average ICSEA score is 954, which is around the national average of 1,000. Public transport access includes 30 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Greenfield Park offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 14.3x is considered stretched. House prices have moved -18.5% year-on-year.