Thinking about buying in Griffith? Now could not be a better time, with just 51 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $5,315,000 with prices in this suburb ranging from $49,000 to $6,151,000. The aproximate distance to the coast is 403 Km.
Median Weekly Rent | $ |
Median Monthly Mortgage | $ |
Median Persons Per Bedroom | |
Average Household Size | |
Average Age | |
Average Income | $ |
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Average Properties Within 50M |
In Griffith there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Griffith is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Griffith changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Griffith the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.1 | 19.0 | 34.6 | 20.0 | 66.0 | 4.3 | 28.2 |
Feb | 1.4 | 18.6 | 32.6 | 26.7 | 70.3 | 4.0 | 24.1 |
Mar | 2.5 | 15.7 | 28.8 | 33.7 | 79.3 | 3.6 | 19.4 |
Apr | 1.1 | 11.6 | 24.3 | 36.7 | 83.4 | 3.0 | 15 |
May | 0.7 | 7.2 | 18.9 | 46.5 | 91.2 | 3.0 | 11.3 |
Jun | 1.4 | 5.4 | 15.2 | 59.4 | 96.6 | 2.9 | 9.0 |
Jul | 1.1 | 5.0 | 14.6 | 57.4 | 94.3 | 3.1 | 9.4 |
Aug | 1.2 | 5.2 | 16.2 | 48.7 | 93.2 | 3.3 | 12.3 |
Sept | 0.4 | 7.0 | 20.8 | 34.2 | 83.1 | 3.8 | 17.8 |
Oct | 1.3 | 10.8 | 24.9 | 31.5 | 82.6 | 3.8 | 21.7 |
Nov | 1.2 | 14.3 | 29.1 | 24.6 | 77.4 | 3.9 | 26.0 |
Dec | 1.6 | 16.9 | 31.5 | 22.6 | 71.1 | 4.2 | 28.8 |
source: Australian Government Bureau of Meteorology
13-11-2023 | $98,663,500 | 654 BACK HILLSTON RD |
24-07-2023 | $6,142,400 | 2690 TABBITA LANE |
31-03-2022 | $6,700,000 | 235 BRETAGS RD |
17-05-2021 | $2,750,000 | 3848 BRINGAGEE RD |
23-11-2020 | $142,889,635 | 2384 TABBITA LANE |
23-11-2020 | $43,643,865 | 2983 KIDMAN WAY |
23-11-2020 | $142,889,635 | 2384 TABBITA LANE |
23-11-2020 | $43,643,865 | 2983 KIDMAN WAY |
11-09-2020 | $75,000 | 672 DICKIE RD |
31-05-2019 | $1,154,440 | 3845 TABBITA LANE |
04-04-2019 | $2,214,722 | 3848 BRINGAGEE RD |
29-10-2018 | $16,800,000 | 1950 TABBITA LANE |
18-07-2018 | $711,083 | 2983 KIDMAN WAY |
24-01-2018 | $4,809,119 | 2690 TABBITA LANE |
26-06-2017 | $1,300,000 | 2983 KIDMAN WAY |
31-01-2014 | $1,050,000 | 222 YOUNGS RD |
23-08-2013 | $500,000 | 76 SIMPKINS LANE |
10-04-2013 | $475,000 | 198 SIMPKINS LANE |
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