Greystanes, NSW

FAIR VALUE

9,412 sales · 36 years of data · NSW, Australia

$1,410,825
Median (All)
$1,451,000
Median (Houses)
$873,000
Median (Apartments)
6.1%
10yr CAGR
7.0%
36yr CAGR
6.7%
Strata %
36 years of data · 9,412 sales analysed · 2,500+ suburbs · Updated weekly

Greystanes, NSW Property Market Overview

Greystanes, NSW, postcode 2145, is a well-established residential suburb located in Sydney's western region. With 36 years of property sales data, AusPropertyInsights.app has analysed 9,412 recorded sales, providing a comprehensive overview of the Greystanes property market.

Currently, the median property price (all types) in Greystanes is $1,410,825, with houses commanding a median of $1,451,000 and apartments at $873,000. This data paints a picture of a suburb with a diverse range of housing options catering to different budgets and lifestyle preferences. Greystanes represents a significant part of the broader Western Sydney property landscape.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $903,907
Based on the 10-year compound annual growth rate of 6.1%
Predominantly houses7% apartments
93% of sales are houses and other non-strata properties
Loading chart...

Property Mix

93%
Houses 93%$1,451,000Apartments 7%$873,000

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 Greystanes

Street Rankings

Top streets in Greystanes, NSW by median sale price

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

#StreetTypeSalesMedian Price
1Gwydir StHouse6$1,510,000
2Ringrose AveHouse14$1,507,500
3Kootingal StHouse9$1,730,000
4Grevillea CresHouse5$1,630,000

... and 275 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
1Beechwood AveHouse4$3,951/m²
2Munro StHouse6$3,375/m²
3Royce StHouse7$3,246/m²
4Walnut StHouse3$5,022/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
1Beechwood AveHouse+9.4%
2Braeside RdHouse+7.5%
3Grevillea CresHouse+7.6%
4Sapphire StHouse+8.0%

... 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

36
apartment buildings analysed
#AddressSalesMedian$/m²
11 Roland St7$940,000$4,099/m²
26 Kippax St5$560,000$4,628/m²

... and 32 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

55
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

7%
apartments across 36 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

Unlock the full Greystanes analysis

279 streets and 36 buildings to explore

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3 street rankings
All 279 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
36 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 9,412 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Greystanes at a Glance

Region
Western Sydney
CBD Distance
28km west of Sydney CBD
Train Station
Merrylands Station (T2 Inner West & Leppington Line)
Council
Cumberland City Council
Property Character
Established residential with low-density housing
Community
Families and established homeowners

Greystanes, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Greystanes, NSW

Living in Greystanes offers a balanced lifestyle with access to essential amenities and green spaces. Families are drawn to the area due to its proximity to reputable schools such as Greystanes Public School and nearby Holroyd High School. Local shopping centres, including Pemulwuy Marketplace and Greystanes Shopping Centre, provide convenient retail options.

For recreation, residents enjoy parks like Central Gardens and the expansive Cumberland State Forest, offering opportunities for outdoor activities. Greystanes has a community feel, with local events and sports clubs fostering a strong sense of belonging. While Greystanes doesn't have its own train station, it is well-serviced by buses connecting to nearby train stations like Merrylands and Parramatta.

The suburb presents a blend of established homes and newer developments, creating a diverse and appealing environment for residents.


Who Buys in Greystanes?

The buyer profile in Greystanes is diverse, but primarily attracts families seeking spacious homes in a well-established suburb. The higher median house price of $1,451,000 suggests a preference for larger properties. While the apartment median of $873,000 may appeal to some first-home buyers or downsizers, the low strata percentage of 6.7% indicates a limited apartment market.

The historical CAGR figures of 6.1% (10-year) and 6.4% (20-year) may also attract investors looking for stable, long-term growth.

Market Analysis

The property market in Greystanes is currently assessed to be near its long-term trend, indicating fair value as of early 2026. This suggests that property prices in Greystanes are currently aligned with historical trends and fundamental market drivers.

Being near its long-term trend means the market is neither significantly overvalued nor undervalued. This can provide a degree of stability for both buyers and sellers, as prices are less likely to experience dramatic fluctuations based on current market conditions in Greystanes.


Is Greystanes a Good Investment?

Greystanes has demonstrated consistent growth over the long term, as evidenced by its full-period CAGR of 7.0% over 36 years. This historical performance, combined with its current position near its long-term trend (fair value) as of early 2026, suggests a stable market.

The suburb's appeal lies in its family-friendly environment, access to amenities, and established residential character. While apartment development is limited, the demand for houses remains strong, driving property values. The location in Western Sydney, with access to major employment hubs, further supports the long-term growth potential of Greystanes.


Greystanes Market Outlook

As of early 2026, Greystanes's property market is positioned near its long-term trend, indicating fair value. Recent price trends suggest a stable market, with demand supported by the suburb's desirable lifestyle and convenient location. While fluctuations are always possible, the current market conditions in Greystanes point to continued steady performance.

Property values in Greystanes are influenced by broader economic factors, interest rates, and overall market sentiment in the Sydney region. Monitoring these factors will be crucial for understanding future market dynamics.

Streets & Location in Greystanes, NSW

Greystanes, postcode 2145, features a variety of residential streets, with a total of 279 streets contributing to the suburb's character. Among these, Gwydir St, Braeside Rd, and Grevillea Cres are noted for their higher median property prices. The suburb’s location in Western Sydney offers residents access to a range of amenities and transport options.

Greystanes provides a mix of established housing and newer developments, reflecting its ongoing evolution as a desirable residential area.

Market Dynamics

The average settlement time for properties in Greystanes is currently 55 days, reflecting a standard timeframe for property transactions in the area. Data regarding quick-flip percentages is not available, indicating a lack of significant short-term trading activity. The stable settlement timeframe suggests a consistent and predictable market in Greystanes.

Transaction patterns in Greystanes reflect a balance between owner-occupiers and investors, contributing to the overall market dynamics.

Development & Density

Greystanes has a relatively low density of apartment buildings, with only 36 apartment buildings recorded. This contrasts with the more prevalent detached housing, indicating a suburb primarily characterised by single-family dwellings. The strata percentage of 6.7% further highlights the dominance of houses in the Greystanes property landscape.

Development trends in Greystanes show a gradual increase in density, with some newer townhouse and duplex developments complementing the existing housing stock.

Growth & Property Mix

Over the past 10 years, Greystanes has experienced a compound annual growth rate (CAGR) of 6.1%. Looking further back, the 20-year CAGR sits at 6.4%, while the full-period CAGR, encompassing all 36 years of data, is 7.0%. These figures offer insights into the historical growth trajectory of property values in Greystanes. The property mix includes both houses and apartments, with apartments representing a smaller proportion of the overall market.

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 Greystanes, NSW

What is the median property price in Greystanes?
The current median property price (all types) in Greystanes is $1,410,825. Houses have a higher median of $1,451,000, while apartments have a median of $873,000, reflecting the dominance of houses in the market.
Is Greystanes overvalued or undervalued?
According to our analysis, as of early 2026, the Greystanes property market is currently near its long-term trend, indicating fair value. This suggests that property prices are aligned with historical averages and market fundamentals.
How has the Greystanes property market performed over 10 years?
Over the past 10 years, the Greystanes property market has experienced a compound annual growth rate (CAGR) of 6.1%. This indicates a solid and consistent growth trajectory for property values in the suburb over the last decade.
What percentage of Greystanes is apartments vs houses?
Apartments make up a relatively small portion of the property market in Greystanes. The strata percentage is 6.7%, indicating that the vast majority of properties are houses rather than apartments.
Where is Greystanes in the property cycle?
As of early 2026, our analysis indicates that Greystanes is currently near its long-term trend, suggesting fair value. This position reflects a market that is neither significantly overvalued nor undervalued.
What schools are near Greystanes?
Greystanes is conveniently located near several reputable schools, including Greystanes Public School and nearby Holroyd High School. These schools are part of the draw for families considering the suburb.
What is Greystanes like to live in?
Greystanes offers a family-friendly atmosphere with plenty of parks and local amenities. It's a well-established residential area with a strong sense of community and convenient access to shopping centres and recreational facilities.
Is Greystanes good for families?
Yes, Greystanes is generally considered a good suburb for families. It has reputable schools, numerous parks, and a predominantly residential character, making it an attractive option for raising children.
How far is Greystanes from Sydney CBD?
Greystanes is approximately 28km west of the Sydney CBD. While it doesn't have a direct train line, it's well-connected by bus services to nearby train stations and major roads.
What transport options are in Greystanes?
Greystanes relies primarily on bus services connecting to nearby train stations like Merrylands and Parramatta. Major roads such as the Great Western Highway and the M4 Western Motorway provide easy access to other parts of Sydney.
How does Greystanes compare to nearby suburbs?
Compared to some neighbouring suburbs, Greystanes offers a balance of affordability and lifestyle. Median property prices are generally competitive, and the suburb's established residential character distinguishes it from areas with higher density development.
Is Greystanes a good first home buyer suburb?
With a median apartment price of $873,000, Greystanes may be within reach for some first home buyers, especially if they are considering apartment living. However, the predominantly house-based market and higher house prices may present a challenge for others.
What are the best streets in Greystanes?
While defining the 'best' is subjective, Gwydir St, Braeside Rd, and Grevillea Cres are notable for their higher median property prices within Greystanes. These streets may offer larger homes or more desirable locations within the suburb.
How many properties have been sold in Greystanes?
Over the past 36 years, a total of 9,412 properties have been sold in Greystanes. This represents a substantial volume of sales, providing a robust dataset for analysing the suburb's property market trends.
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