This property is Off Market
With an average age of 29, households expect an average monthly mortgage payment of $2,300 or a weekly rent payment of $400. The average family earns a weekly income of $1,395 with a typical household size of 3.7 and a 95.9% employment rate.
In South Granville 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 South Granville 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. A mix of professions and above average income earners in South Granville provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 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. Lower than average industry presence in South Granville we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make South Granville a better buying opportunity than it may have been in the past.
(Country of Birth not stated 15%)
Guildford - South Granville a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
10 / 100
31 / 100
Industry
18 / 100
22 / 100
Population
09 / 100
19 / 100
House Prices
54 / 100
60 / 100
Jobs
27 / 100
29 / 100
Incidents Trend State Average
Holy Family Primary School
Granville East, NSW, 2142 Independent K-6
Salamah College
Chester Hill, NSW, 2162 Independent K-12
Granville South Creative and Performing Arts High School
Guildford, NSW, 2161 State 7-12
St Joseph the Worker Catholic Primary School
Auburn South, NSW, 2144 Independent K-6
Auburn West Public School
Auburn, NSW, 2144 State K-6
Chester Hill North Public School
Chester Hill, NSW, 2162 State K-6
Granville South Public School
Guildford, NSW, 2161 State K-6
Blaxcell Street Public School
Granville, NSW, 2142 State K-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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