Greenacre, NSW

FAIR VALUE

13,065 sales · 36 years of data · NSW, Australia

$1,440,500
Median (All)
$1,580,000
Median (Houses)
$817,500
Median (Apartments)
5.7%
10yr CAGR
6.6%
36yr CAGR
15.2%
Strata %
36 years of data · 13,065 sales analysed · 2,500+ suburbs · Updated weekly

Greenacre, NSW Property Market Overview

Greenacre, NSW 2190, is a well-established suburb located in Sydney, offering a mix of housing options. Our data spans 36 years, encompassing 13,065 recorded property sales, providing a comprehensive insight into its market dynamics. The current median property price across all types in Greenacre is $1,440,500.

With a current median house price of $1,580,000 and a median apartment price of $817,500, Greenacre presents a diverse property landscape. Its location provides access to various amenities and transport links, contributing to its appeal among different buyer demographics. Greenacre's historical growth, reflected in its long-term capital appreciation, makes it a suburb of interest for those tracking Sydney property trends.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $870,402
Based on the 10-year compound annual growth rate of 5.7%
Predominantly houses15% apartments
85% of sales are houses and other non-strata properties
Loading chart...

Property Mix

85%
15%
Houses 85%$1,580,000Apartments 15%$817,500

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Greenacre

Street Rankings

Top streets in Greenacre, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Old Kent RdHouse11$1,825,500
2Riga AveHouse5$1,585,000
3Maiden StHouse8$1,640,000
4Kareela CresHouse5$1,600,000

... and 223 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Wentworth StApartment6$4,779/m²
2Wesley StHouse3$5,528/m²
3Marina CresHouse4$5,312/m²
4Lascelles LaneHouse3$4,649/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Margaret StHouse+7.7%
2Greenacre RdHouse+7.4%
3Rosedale AveHouse+8.3%
4Latvia AveHouse+9.2%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

109
apartment buildings analysed
#AddressSalesMedian$/m²
1225 Hume Hwy30$675,000$5,721/m²
229 Sylvanus St3$1,492,500$4,574/m²
322 Anzac St9$918,500$5,813/m²
483 Wentworth St4$1,444,000$4,779/m²

... and 105 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

57
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

15%
apartments across 109 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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227 streets and 109 buildings to explore

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3 street rankings
All 227 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
109 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 13,065 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Greenacre at a Glance

Region
Canterbury-Bankstown
CBD Distance
19km west of Sydney CBD
Train Station
Bankstown Station (T3 Bankstown Line)
Council
Canterbury-Bankstown Council
Property Character
Established residential with a mix of houses and apartments
Community
Families and a diverse multicultural community

Greenacre, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Greenacre, NSW

Living in Greenacre offers a suburban lifestyle with access to a range of amenities. The area is home to several schools, including Greenacre Public School and St John Vianney Catholic Primary School. Shopping needs are catered for by local shops and larger centres nearby, such as Bankstown Central.

Greenacre boasts several parks and recreational areas, including the expansive Greenacre Park, providing green spaces for families and individuals. The suburb is serviced by various bus routes, connecting residents to surrounding areas. While Greenacre doesn't have its own train station, nearby stations like Bankstown and Punchbowl offer convenient rail links. The community vibe in Greenacre is multicultural and family-oriented, creating a welcoming atmosphere.

Greenacre offers a blend of quiet residential streets and bustling commercial areas. The local RSL club provides a social hub, while various restaurants and cafes offer diverse culinary experiences. Its proximity to larger centres like Bankstown provides access to a wider range of services and entertainment options.


Who Buys in Greenacre?

Greenacre attracts a diverse range of buyers, including families, first home buyers, and investors. The median house price of $1,580,000 and the median apartment price of $817,500 cater to different budget levels. The strata percentage of 15.2% suggests a strong presence of families seeking houses. The historical CAGR of 5.7% over 10 years may appeal to investors looking for long-term capital growth. Its proximity to amenities and transport also makes it attractive to professionals working in the Sydney CBD.

Market Analysis

Currently, Greenacre's property market is assessed to be near its long-term trend, indicating fair value. This assessment considers historical price movements, sales volumes, and broader economic factors specific to the Sydney market. While it suggests a balanced market, individual property values may vary depending on location, size, and condition.

This 'fair value' position in the property cycle suggests that Greenacre's prices, as of early 2026, are aligned with their historical averages. However, it is important to note that market conditions can shift, influenced by interest rates, economic growth, and local development projects. A detailed analysis of individual property types and locations within Greenacre is recommended for a more granular understanding.


Is Greenacre a Good Investment?

Greenacre's historical growth patterns suggest a stable property market. The 10-year CAGR of 5.7%, the 20-year CAGR of 6.4%, and the full-period CAGR of 6.6% reflect consistent capital appreciation over time. These figures, combined with the suburb's current cycle position near its long-term trend, provide insights into its potential.

The suburb's mix of houses and apartments, along with its location and amenities, contributes to its appeal. Greenacre's established infrastructure, including schools, parks, and transport links, supports its desirability among families and professionals. The current market condition, as of early 2026, suggests a balanced market, where prices are aligned with historical trends. Further analysis of specific property types and micro-locations within Greenacre is recommended.


Greenacre Market Outlook

As of early 2026, Greenacre's property market is assessed as being near its long-term trend. Recent price trends indicate a stable market, consistent with its historical performance. While market conditions can change, Greenacre's established infrastructure and location continue to support its property values. Monitoring sales volumes, interest rates, and broader economic factors will provide further insights into the suburb's future market direction.

Streets & Location in Greenacre, NSW

Greenacre, identified by postcode 2190, offers a mix of residential and commercial areas. Some of the streets with higher median property prices include OLD KENT RD, HUME HWY, and HIGHVIEW AVE. The suburb contains a total of 227 streets. Its location provides convenient access to major arterial roads and public transport options, enhancing its connectivity to other parts of Sydney.

Market Dynamics

The average settlement time for properties in Greenacre is 57 days, reflecting a relatively standard transaction timeframe. This figure provides an indication of the efficiency of the local property market. Data on quick-flips is not currently available. Further analysis of sales volumes and auction clearance rates would provide a more comprehensive understanding of the current market activity in Greenacre.

Development & Density

Greenacre features a mix of housing types, with 109 apartment buildings contributing to its overall density. The suburb has a strata percentage of 15.2%, indicating a substantial proportion of houses compared to apartments. This balance provides a range of options for potential residents, from standalone houses to apartment living. Development trends in Greenacre continue to shape its housing landscape, with potential for further infill development in the future.

Growth & Property Mix

Historically, Greenacre has demonstrated steady capital growth. Over the past 10 years, the suburb has seen a Compound Annual Growth Rate (CAGR) of 5.7%. This growth extends further back, with a 20-year CAGR of 6.4%, and a full-period CAGR of 6.6% across the entire 36-year dataset. The property mix in Greenacre includes both houses and apartments, with 15.2% of properties being strata titled.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Greenacre, NSW

What is the median property price in Greenacre?
The current median property price in Greenacre, across all property types, is $1,440,500. For houses, the median price is $1,580,000, while for apartments, it's $817,500. These figures reflect the diverse range of properties available in the suburb.
Is Greenacre overvalued or undervalued?
Greenacre's property market is currently assessed to be near its long-term trend, indicating fair value. This suggests that prices, as of early 2026, are aligned with historical averages. However, market conditions can shift, so ongoing monitoring is recommended.
How has the Greenacre property market performed over 10 years?
The Greenacre property market has demonstrated solid growth over the past 10 years, with a Compound Annual Growth Rate (CAGR) of 5.7%. This growth reflects the suburb's consistent capital appreciation. This steady performance has made Greenacre an attractive suburb for both homeowners and investors.
What percentage of Greenacre is apartments vs houses?
Apartments make up a portion of the property landscape in Greenacre. The strata percentage is 15.2%, indicating that houses comprise the majority of properties in the suburb. This mix of property types provides a range of housing options for potential residents.
Where is Greenacre in the property cycle?
As of early 2026, Greenacre is assessed to be near its long-term trend in the property cycle. This indicates that the market is currently at fair value. Monitoring market indicators will help determine future shifts in the cycle.
What schools are near Greenacre?
Greenacre is home to several schools, including Greenacre Public School and St John Vianney Catholic Primary School. Nearby suburbs also offer a range of educational options. These schools contribute to Greenacre's appeal for families with children.
What is Greenacre like to live in?
Greenacre offers a suburban lifestyle with a strong sense of community. The suburb features parks, local shops, and access to larger shopping centres nearby. Its multicultural atmosphere and family-friendly environment make it a welcoming place to live.
Is Greenacre good for families?
Greenacre is often considered a good choice for families due to its schools, parks, and housing options. The presence of Greenacre Public School and St John Vianney Catholic Primary School are attractive to families with children. The availability of houses and green spaces further enhances its appeal.
How far is Greenacre from Sydney CBD?
Greenacre is approximately 19km west of the Sydney CBD. Commuting to the city is possible via car or public transport, including bus routes connecting to nearby train stations.
What transport options are in Greenacre?
Greenacre is serviced by various bus routes that connect to surrounding areas. While Greenacre doesn't have its own train station, nearby stations like Bankstown Station on the T3 Bankstown Line offer rail links to the city. Major roads like the Hume Highway also provide access to other parts of Sydney.
How does Greenacre compare to nearby suburbs?
Compared to some nearby suburbs, Greenacre offers a balance of affordability and convenience. Median property prices in Greenacre are competitive, and its growth rates have been consistent. Neighbouring areas like Bankstown may have higher density living, while Greenacre maintains a more suburban character.
Is Greenacre a good first home buyer suburb?
Greenacre may be a suitable option for first home buyers, particularly those seeking apartments or smaller houses. The median apartment price of $817,500 could be within reach for some first home buyers. The suburb's location and amenities also contribute to its attractiveness.
What are the best streets in Greenacre?
Streets in Greenacre with higher median property prices include OLD KENT RD, HUME HWY, and HIGHVIEW AVE. These streets often feature larger properties or desirable locations within the suburb. Further analysis may reveal specific attributes that contribute to their higher values.
How many properties have been sold in Greenacre?
Over the past 36 years, there have been 13,065 recorded property sales in Greenacre. This large dataset provides a comprehensive picture of the suburb's property market activity.
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