Greenleigh (postcode 2620) is a small locality in New South Wales within the Queanbeyan-Palerang Regional local government area. It is home to about 676 residents, with a mature demographic and a median age of 50. Households earn a median income of $170K per year, with an average household size of 2.7 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward public admin & safety and construction. The top ancestries reported are English, Australian, Irish.
The median house price in Greenleigh is $1.1 million, having climbed sharply by 56.3% over the past year. Units have a median price of $539,000 (+2.7% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $2,485.
Public transport access includes 15 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,677 incidents per 100,000 population.
Looking at the investment signals, The gross rental yield works out to roughly 2.7%, which reads as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 6.3x is considered moderate. House prices have moved +56.3% year-on-year.