This is a concept website. Dotto is not a real estate agent. We don’t buy, sell, rent or manage property. · Enquire about this domain

Greenwich Real Estate

Greenwich real estate

Flats or apartments make up 44% of occupied homes in Greenwich, against 22% across NSW. At the 2021 Census, 5,469 people lived in the suburb of Greenwich.

  • House 50
  • Townhouse or terrace 6
  • Flat or apartment 44
  • Owned outright 37
  • Mortgaged 28
  • Rented 31
  • Other or not stated 4
Homes in Greenwich as a street of 100, from the census count of households by kind of home and tenure. Its shares of each kind of home round to 101% in all, so the street draws one house fewer than its rounded share.
Median rent$550 a weekNSW $420
Median mortgage repayment$3,000 a monthNSW $2,167
Median household income$2,946 a weekNSW $1,829

Apartments and houses in Greenwich

Flats or apartments account for 44% of occupied homes in Greenwich, above the 22% across NSW, which suggests a larger share of people living in apartment buildings than across the state. Separate houses make up 51%, below 66% across NSW. Townhouses, terraces and semi-detached houses come to 6%, under the NSW figure of 12%.

Of all homes in Greenwich, 38% have two bedrooms or fewer, above 30% across NSW, and 28% have three, below 35%. Four or more bedrooms account for 33%, below 34% across NSW. On Census night, 8% of private dwellings in Greenwich were unoccupied, below 9% across NSW.

New South Wales, the same way: 66 houses, 22 flats, 33 rented. Other or not stated also takes up the rounding.

Higher incomes, higher rents and repayments

Median household income in Greenwich was $2,946 a week, above the $1,829 across NSW. The median rent was $550 a week, above $420 for the state, and the median mortgage repayment $3,000 a month, above $2,167. Worked out on this page from the two medians, the median weekly rent equals 19% of the median weekly income of all households, renters or not, below 23% across NSW.

Outright ownership stands at 37% of households in Greenwich, above 32% across NSW. A further 28% are paying off a mortgage, below 33% across NSW, and 31% rent, below the NSW figure of 33%. Among those renting households, 80% rent from a landlord the ABS records as a real estate agent, above 69% across NSW.

An older median age in smaller households

At 42 years, the median age in Greenwich sits above 39 across NSW, suggesting an older population than the state overall. At the 2021 Census, 5,469 people lived in the suburb of Greenwich. An average household held 2.4 people, below 2.6 across NSW.

Asked in 2021 where they had lived in 2016, 56% of people aged five and over in Greenwich gave the same address, above the 54% across NSW. That suggests a larger share of people aged five and over lived at the same address five years earlier than across the state.