Greenacres
A median age of 33, seven years below the national figure, tells the first part of Greenacres' story. The second part is that 47% of its 3,356 residents were born overseas, which is 25.4 percentage points above the national average, and Indian ancestry leads all groups at 728 people. University qualifications reach 52.7%, running 22.6 points above national, yet the suburb is compact at 1.1 square kilometres with a density of 3,043 people per km2. House prices hit $1,050,500 in 1Q 2026 after a 19.6% rise in a single year, which is steep growth for a suburb where 38.9% of households rent.
Population
3,356
Median Age
33.0
Household IncomeiMedian weekly household income (ABS Census)
$1,713/wk
DAs (12 months)iDevelopment Applications lodged in the past year
30
Median House
$1.1M
Median 1Q 2026
The median house price of $1,050,500 at 1Q 2026 reflects a 19.6% increase from $878,500 just one year earlier, an unusually fast move for a single year. Separate houses dominate at 75.3% of dwellings, with semi-detached at 21.9% and apartments a small 2.7%, so buyers are mostly competing for detached stock. Three-bedroom homes make up 64.2% of the housing mix, making them the typical purchase target, while 4-plus bedroom homes sit at 17.3%. Monthly mortgage repayments average $1,733, and the mortgage-to-income ratio of 23.4% stays below the 30% stress threshold, which means repayments are manageable relative to local incomes despite the price surge.
For Buyers
The median house price of $1,050,500 at 1Q 2026 reflects a 19.6% increase from $878,500 just one year earlier, an unusually fast move for a single year. Separate houses dominate at 75.3% of dwellings, with semi-detached at 21.9% and apartments a small 2.7%, so buyers are mostly competing for detached stock. Three-bedroom homes make up 64.2% of the housing mix, making them the typical purchase target, while 4-plus bedroom homes sit at 17.3%. Monthly mortgage repayments average $1,733, and the mortgage-to-income ratio of 23.4% stays below the 30% stress threshold, which means repayments are manageable relative to local incomes despite the price surge.
For Investors
Rental demand is firm: 38.9% of households rent, above the state average, and weekly rent runs at $320. Against the $1,050,500 median, that rent implies a gross yield near 1.6%. The vacancy rate of 5.8% is elevated and warrants monitoring, suggesting some softness in the rental pool. Development activity recorded 25 applications in the past 12 months, including land division and pool installations, consistent with a suburb adding modest infill rather than large new supply. The rent-to-income ratio of 18.7% keeps tenants below the 30% stress threshold, which supports stable tenancy retention. The strong 19.6% price growth over the past year signals capital-growth appeal more than yield.
Development Activity
Total DAs
277
Last 12 Months
30
YoY ChangeiYear-over-year change in DA lodgements
-28.6%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Greenacres iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
St Martin's Catholic Primary School
R-6 · 691 students
Hampstead Primary School
U, R-6 · 243 students
Demographics
The median age of 33 is 7 years below the national figure, reflecting a young working-age population partly driven by migration. Overseas-born residents at 47% run 25.4 percentage points above national, with Indian ancestry the largest group at 728 people, followed by English (681) and Chinese (228). Gujarati is the most spoken non-English language at 250 speakers, ahead of Punjabi (93) and Hindi (75), pointing to a strong South Asian community. Hinduism accounts for 738 residents, the second religion behind Christianity at 986. University qualifications at 52.7% are 22.6 points higher than the national average, consistent with the professional migrant profile.
Age Distribution
Bedrooms
Dwelling Structure
75.3%
Houses
21.9%
Townhouse
2.7%
Apartment
Tenure
Tenure breaks down as 43% carrying a mortgage, 38.9% renting and 18% owning outright, a profile that skews toward mortgage holders and renters rather than debt-free owners. The stock is three-quarters separate houses (75.3%), meaning the suburb is predominantly detached-home territory with limited apartment supply at 2.7%. Three-bedroom homes account for 64.2% of dwellings, setting the dominant product type. Prices rose from $878,500 in 1Q 2025 to $1,050,500 in 1Q 2026, a 19.6% gain over one year. Mortgage-to-income sits at 23.4% and rent-to-income at 18.7%, both below common stress thresholds, which suggests current debt loads are serviceable at today's income levels.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,733
Rent / wk
$320
HH Size
2.8
Personal Income / wk
$789
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
5.8%
Unoccupied
73
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
18.7%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
23.4%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
18.7%
Couples, no children
2,717
Total families
Economy & Employment
Healthcare is the dominant industry at 23.6% of workers (293 people), well above most suburb averages, followed by Professional and Technical services at 10.8% and Retail at 9%. Education at 7.7% and Public Administration at 7% round out the top five. By occupation, Professionals lead at 368 workers, ahead of Community and Personal service (244) and Clerical/Admin (227). The unemployment rate is 5.5% and participation runs at 65.6%, with 58.5% in full-time roles. Weekly household income of $1,713 sits at the 60.2nd percentile nationally, meaning earnings are slightly above median but not in the top tier, consistent with a suburb where healthcare and community roles outnumber high-salaried finance jobs.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
58.5%
Part-time
36.0%
Participation
65.6%
Employed
1,607
Occupations
Top Industries
University
52.7%
Postgraduate
19.4%
Born Overseas
47.0%
Dwellings
1,180
Transport to Work
Car dependence is high: 80% of residents drive to work, compared to 11.2% using public transport and only 2.6% walking or cycling, which reflects the suburb's location requiring vehicle access for most trips. No schools are recorded within the 1.1 square kilometre boundary, so families rely on schools in neighbouring suburbs. Crime is a notable factor: the rate of 111.7 incidents per 1,000 residents is elevated and the suburb carries a high-crime-rate identity signal. Rent-to-income at 18.7% and mortgage-to-income at 23.4% both remain below stress thresholds, keeping housing costs manageable relative to local earnings. Volunteering sits at 11% and 5.1% of residents need daily assistance.
Drive
80.0%
Public Transport
11.2%
Walk / Cycle
2.6%
Work from Home
N/A
Safety & Crime
Total Offences
375
Year ending June 2024
Rate per 1,000 People
111.7
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Greenacres compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Greenacres a good suburb to live in?
Greenacres suits young professionals and families, with a median age of 33 that is 7 years below national. University qualifications at 52.7% are 22.6 points above national. The main trade-off is a crime rate of 111.7 per 1,000 residents, which is elevated, and no schools recorded inside the suburb boundary.
What is the median house price in Greenacres?
The median house price is $1,050,500 as of 1Q 2026, up 19.6% from $878,500 in 1Q 2025. Weekly rent averages $320 and monthly mortgage repayments run about $1,733, giving a mortgage-to-income ratio of 23.4%, below the common 30% stress threshold.
What schools are in Greenacres?
No schools are recorded inside the Greenacres boundary in this dataset, so families rely on schools in neighbouring suburbs. The local adult population is highly educated, with university qualifications at 52.7%, which is 22.6 points above the national figure.
Is Greenacres safe?
The crime rate in Greenacres is 111.7 incidents per 1,000 residents, which is elevated and the suburb carries a high-crime-rate identity signal. There were 375 total recorded offences based on the available data. Prospective buyers and renters should factor this into their assessment alongside the affordability metrics.
Is Greenacres good for property investment?
The 19.6% price growth from $878,500 to $1,050,500 over one year indicates strong capital growth momentum. Rental yield is modest at roughly 1.6% gross based on $320 weekly rent and a $1,050,500 median. Vacancy sits at 5.8%, so investors should confirm tenant demand before purchasing.
How is Greenacres's population changing?
Greenacres has 3,356 residents with a young median age of 33, reflecting ongoing migration demand. Overseas-born residents make up 47% of the population, 25.4 points above national, driven largely by South Asian arrivals. A turnover rate of 24.2% indicates active household cycling while 75.8% of residents stayed, suggesting stable underlying demand.
What languages are spoken in Greenacres?
With 47% of residents born overseas, 25.4 percentage points above national, Greenacres is linguistically varied. Gujarati is the most spoken non-English language at 250 residents, ahead of Punjabi (93), Hindi (75) and Mandarin (70), reflecting the suburb's large South Asian community.
How much development is happening in Greenacres?
There were 25 development applications lodged in the past 12 months, including a conventional land division and pool installations. Activity is moderate for a compact 1.1 square kilometre suburb, pointing to infill and owner-occupier upgrades rather than large-scale new construction.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
Explore Greenacres on the Map
View parcels, zoning overlays, DA applications, schools and more.
Open Interactive Map