Griffith is a well-established suburb in New South Wales within the Griffith local government area (postcode 2680). With a population of 19,505, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $87K per year, with an average household size of 2.6 people. The most common occupations are labourers, professionals, technicians & trades. The top ancestries reported are Australian, English, Italian.
The median house price in Griffith is $685,000, having surged 18.1% over the past year. Units have a median price of $556,000 (+21.3% YoY). The current median weekly rent is $475. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,483.
Griffith is served by 10 schools, including 4 primary, 3 secondary, 1 combined, 2 special. The average ICSEA score is 933, which is below the national average of 1,000. Public transport access includes 1 rail station, 369 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Griffith LGA is moderate at 4,407 incidents per 100,000 population.
From an investment perspective, Griffith offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($685K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved +18.1% year-on-year.
Griffith is a well-established suburb in New South Wales within the Griffith local government area (postcode 2680). With a population of 19,505, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $87K per year, with an average household size of 2.6 people. The most common occupations are labourers, professionals, technicians & trades. The top ancestries reported are Australian, English, Italian.
The median house price in Griffith is $685,000, having surged 18.1% over the past year. Units have a median price of $556,000 (+21.3% YoY). The current median weekly rent is $475. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,483.
Griffith is served by 10 schools, including 4 primary, 3 secondary, 1 combined, 2 special. The average ICSEA score is 933, which is below the national average of 1,000. Public transport access includes 1 rail station, 369 bus stops. Healthcare facilities include 1 public and 1 private hospitals. The crime rate in the Griffith LGA is moderate at 4,407 incidents per 100,000 population.
From an investment perspective, Griffith offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($685K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved +18.1% year-on-year.