Skip to content
    Home/NSW/Greenacre

    Can you afford to live in Greenacre?

    Greenacre is a suburb in New South Wales. Median rent is $650/week and the median house price is $945k.

    Median rent

    $650/wk

    Est.

    Median price

    $945k

    Est.

    20% deposit

    $189k

    Stamp duty

    $37k

    The numbers, in plain English

    To rent in Greenacre without housing stress, a household income of about $113,000/year keeps the rent of $650/week at or below 30% of gross income — the standard affordability benchmark. That rent is our modelled median (no bond data published for Greenacre yet). Check your income →

    To buy the median home ($945,000) with a 20% deposit of $189k, repayments at 6.2% over 30 years come to about $4,630/month — comfortable on roughly $185,000/year under the same 30% rule. Saving that deposit at $1,500/month takes about 10.5 years, before stamp duty of $37k ($27k for eligible first home buyers). Run your own loan →

    That price is an estimate, and probably too low. Unlike the rent above, no government publishes open sale prices for New South Wales, so we model it from distance, population and income. Where we can check that model against real sales, it runs about 40% under — so treat this figure, and the deposit and repayments built on it, as a rough scale rather than a number to plan around. How we're fixing this →

    Compared to the rest of New South Wales, Greenacre is more expensive to buy than 93% of the state's suburbs (state median $380k) and pricier to rent than 74% (state median $565/week). It sits roughly 14 km from the Sydney CBD as the crow flies.

    For investors, the median rent against the median price gives a gross rental yield of about 3.6% before costs. Net yield calculator →

    Modelled medians, not valuations — every formula above is documented on our methodology page.

    Affordability by income

    $60k income

    Rent (650/wk)

    Over budget

    Budget: $346/wk

    Buy ($945k)

    Repayments are a stretch

    $4,533/mo · deposit in ~21yr

    $90k income

    Rent (650/wk)

    Over budget

    Budget: $519/wk

    Buy ($945k)

    Repayments are a stretch

    $4,533/mo · deposit in ~14yr

    $120k income

    Rent (650/wk)

    Affordable

    Budget: $692/wk

    Buy ($945k)

    Repayments are a stretch

    $4,533/mo · deposit in ~10.5yr

    Based on 30% gross income rule for rent; 6% p.a. / 30-year P&I loan at 20% deposit for purchase; 15% savings rate for deposit timeline.

    Upfront buying costs

    Purchase price$945k
    20% deposit (no LMI)$189k
    Stamp duty (New South Wales)$37k
    Stamp duty (first home buyer)$27k
    Conveyancing (est.)$1,500 – $3,000
    Building inspection (est.)$400 – $700
    Total upfront (est.)$228k

    Who lives here & what's nearby

    Real figures for Greenacre — measured, not modelled.

    Median household income
    $76k
    per year (ABS Census)
    Median age
    34
    years
    Owner-occupied
    63%
    37% rented
    Housing mix
    Mostly houses
    64% houses · 7% units
    Nearest train station
    2.8 km
    Nearest hospital
    3.9 km
    Schools nearby
    27

    How Greenacre compares

    • Younger than average — a median age of 34 vs 44 statewide.

    Demographics from the ABS 2021 Census; distances and school counts from OpenStreetMap. Comparisons are against the median suburb in New South Wales. Suburb-level price trends aren't shown because no open source publishes them reliably yet — see our data sources.

    Compare Greenacre with another suburb →

    Neighbourhood at a Glance

    Indicative scores based on ABS Census data modelling. Always conduct your own research.

    Safety
    70/100
    Above average
    Schools
    78/100
    Excellent
    Lifestyle
    90/100
    Excellent

    Government schemes that may apply

    First Home Guarantee (FHBG)

    Buy with as little as 5% deposit, no LMI. Up to 35,000 places/year nationwide.

    Learn more →

    First Home Owner Grant (FHOG)

    New South Wales offers a grant for eligible first home buyers purchasing new builds. Amounts vary.

    Learn more →

    First Home Super Saver (FHSS)

    Save up to $50k inside super (taxed at 15% instead of marginal rate), then withdraw for a deposit.

    Learn more →

    Stamp duty concessions

    Most states offer full or partial stamp duty exemptions for first home buyers. NSW has its own thresholds.

    Learn more →

    Similar suburbs in New South Wales

    What people are saying about Greenacre

    Be the first to share an insight about this suburb

    Sign in to share your local knowledge about Greenacre

    Check your personal affordability

    Enter your income and see every suburb in Australia ranked for you.

    Get pre-approved in Greenacre

    Free broker match. 35+ lenders compared. No obligation.

    Rent data for Greenacre sourced from the ABS 2021 Census, scaled by rental CPI to current values. Calculations use 30% gross income rule, 20% deposit, 6% p.a. loan rate over 30 years. Not financial advice.