Located in New South Wales within the Cumberland local government area, Greystanes is a sizeable suburb (postcode 2145). The area has roughly 23,511 residents and an established family demographic, with a median age of 39. Households earn a median income of $100K per year, with an average household size of 3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Lebanese.
Greystanes has a median house price of $1.5 million, which has moved higher by 2.6% year-on-year. Units have a median price of $915,000 (+5.4% YoY). The current median weekly rent is $680. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,452.
Greystanes is served by 8 schools, including 5 primary, 3 secondary. The average ICSEA score is 1024, which is around the national average of 1,000. Public transport access includes 134 bus stops. The crime rate in the Cumberland LGA is below average at 2,801 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.4% (low yield). Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 14.9x is considered stretched. House prices have moved +2.6% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.