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Sales Activity
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Population
Population growth drivers in Greenacre - North are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends
Greenacre - North's population, as per AreaSearch's analysis, stood at 15,081 by August 2025. This figure reflects a growth of 444 people, representing a 3.0% increase since the 2021 Census, which recorded a population of 14,637. The change is inferred from the estimated resident population of 15,229 in June 2024 and address validation as of the Census date. This results in a population density ratio of 3,696 persons per square kilometer, placing Greenacre - North in the upper quartile relative to national locations assessed by AreaSearch. The area's 3.0% growth since the census is within 1.0 percentage point of the SA3 area (4.0%), indicating strong growth fundamentals. Overseas migration primarily drove population growth, contributing approximately 64.9% of overall population gains during recent periods.
AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises NSW State Government's SA2 level projections, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Future population dynamics anticipate an increase just below the national median, with Greenacre - North expected to expand by 1,550 persons to 2041 based on the latest population numbers, representing an 11.2% total increase over the 17 years.
Frequently Asked Questions - Population
Development
Residential development activity is slightly higher than average within Greenacre - North when compared nationally
Greenacre - North has recorded approximately 103 residential properties granted approval per year. Development approval data is produced by the ABS on a financial year basis. Over the past five financial years, from FY20 to FY25, around 519 homes have been approved, with six approvals so far in FY26. On average, over these years, 1.4 new residents are associated with each dwelling constructed. However, this figure has increased to 5.0 people per dwelling over the past two financial years, reflecting Greenacre - North's growing popularity and potential supply constraints.
The average construction value of new properties is $505,000. This year, $8.9 million in commercial approvals have been registered, indicating limited commercial development focus compared to residential. Relative to Greater Sydney, Greenacre - North records about three-quarters the building activity per person and places among the 52nd percentile of areas assessed nationally. New development consists of 43.0% detached houses and 57.0% medium and high-density housing, marking a significant shift from existing housing patterns, which are currently 60.0% houses. This location has approximately 317 people per dwelling approval, indicating a low density market.
By 2041, Greenacre - North is projected to grow by 1,690 residents. Based on current development patterns, new housing supply should readily meet demand, offering good conditions for buyers and potentially facilitating population growth beyond current projections.
Frequently Asked Questions - Development
Infrastructure
Greenacre - North has very high levels of nearby infrastructure activity, ranking in the top 10% nationally
Fourteen projects identified by AreaSearch are expected to impact the area significantly, with changes to local infrastructure being key influencers on performance. Notable projects include Kevin Hill Roberts Park Community Hub, Allum Park New Sports Amenities Building, Palms Hotel Redevelopment (Palms Village), and The Palms Hotel Redevelopment. Relevant projects are detailed below.
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Frequently Asked Questions - Infrastructure
Bankstown-Lidcombe Hospital
The NSW Government is investing $2 billion in the new Bankstown-Lidcombe Hospital, located on the current TAFE NSW campus in Bankstown's CBD. The project will deliver a state-of-the-art facility with expanded health services, improved access via public transport, and opportunities for research and education. The existing hospital will continue operations until the new one is complete.
Sydney Metro Bankstown Line Conversion
Conversion of the 130-year-old T3 Bankstown Line to modern metro standards between Sydenham and Bankstown. Major infrastructure upgrade includes platform screen doors, upgraded stations, accessibility improvements with lifts and level access, new signalling systems, and autonomous train operations with 4-minute peak frequency. Air-conditioned metro trains with level access. Line was closed in September 2024 for conversion work managed by Martinus Rail. Will provide fast travel times including Bankstown to Central in 28 minutes. Forms part of the 66km Sydney Metro network connecting to Chatswood.
Lakemba Transport Oriented Development (TOD) Masterplan
Canterbury-Bankstown Council's comprehensive masterplan for Lakemba TOD precinct, creating capacity for over 9,000 new homes within 400m of Lakemba station. Transport Oriented Development featuring mixed-use development with residential, retail and community facilities that supports increased density near public transport while respecting local community character and cultural diversity. Features enhanced public domain, heritage protection, and community infrastructure to support sustainable growth around the future Metro station. Part of 18,000+ home capacity across both Belmore and Lakemba sites.
Bankstown City Centre Transformation
Comprehensive redevelopment of Bankstown CBD, incorporating a new 18-storey Western Sydney University campus by Walker Corporation and Built, an expanded Bankstown Central shopping centre by Vicinity Centres, and integration with the Sydney Metro City & Southwest line. The university campus includes 32 learning studios for 10,000 students, with architecture by Lyons (base) and HDR (fit-out).
41-47 Punchbowl Road Mixed-Use Development
A 9-storey mixed-use development featuring ground-level commercial premises, a 120-place childcare centre, 132 apartments (1, 2, and 3 bedrooms), and 3 levels of basement car parking, strategically positioned near Belfield village centre. The project is currently under assessment as integrated development requiring WaterNSW consent under DA2024.124.
Salt Pan Creek Channel Repairs
Structural repairs and bank stabilization along Salt Pan Creek within the Cooks River catchment, affecting parts of Greenacre, Punchbowl, Belfield and nearby suburbs. Scope includes flood mitigation, stormwater channel rehabilitation, erosion control and environmental restoration works to improve waterway health and reduce flood risk.
Sydney Metro City & Southwest - Sydenham to Bankstown (T3 Conversion)
Conversion of the existing Sydney Trains T3 Bankstown Line between Sydenham and Bankstown to driverless metro standards with platform screen doors, accessibility upgrades and new interchange at Bankstown. The line has been closed since 30 Sep 2024 for final conversion, with fare-free Southwest Link buses replacing trains. Works and testing are underway across all 10 stations; completion and opening are now expected in 2026.
Kevin Hill Roberts Park Community Hub
New 1,000 square metre multi-purpose community facility including a 300 square metre Library and Knowledge Centre, 550 square metre multipurpose community centre with hall and meeting rooms, and outdoor spaces including terrace and reading room connecting to existing park facilities.
Employment
Employment conditions in Greenacre - North face significant challenges, ranking among the bottom 10% of areas assessed nationally
Greenacre - North has an unemployment rate of 10.0% as of June 2025. The estimated employment growth over the past year is 1.6%.
In June 2025, 5,911 residents are employed while the unemployment rate is 5.8%, which is higher than Greater Sydney's rate of 4.2%. Workforce participation in Greenacre - North lags at 42.4% compared to Greater Sydney's 60.0%. The key industries of employment among residents are health care & social assistance, retail trade, and construction. The area shows strong specialization in transport, postal & warehousing with an employment share of 1.6 times the regional level.
However, professional & technical services show lower representation at 7.7% compared to the regional average of 11.5%. Employment levels increased by 1.6% and labour force increased by 2.5% in Greenacre - North during the year to June 2025, causing the unemployment rate to rise by 0.8 percentage points. In NSW, employment contracted by 0.41% (losing 19,270 jobs) as of Sep-25 with an unemployment rate of 4.3%, compared to the national unemployment rate of 4.5%. National employment forecasts from May 2025 project growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Greenacre - North's employment mix suggests local growth of approximately 6.5%% over five years and 13.4% over ten years, though this is a simple extrapolation for illustrative purposes only.
Frequently Asked Questions - Employment
Income
Income figures position the area below 75% of locations analysed nationally by AreaSearch
Greenacre North's median taxpayer income was $39,418 and average income was $53,524 in financial year 2022, according to postcode level ATO data aggregated by AreaSearch. This is lower than national averages, with Greater Sydney having a median income of $56,994 and an average income of $80,856. By March 2025, estimated incomes would be approximately $43,596 (median) and $59,198 (average), based on Wage Price Index growth of 10.6% since financial year 2022. Census 2021 income data shows individual incomes at the 3rd percentile ($496 weekly), while household incomes are at the 31st percentile. Income distribution shows that 29.2% of locals (4,403 people) fall into the $1,500 - 2,999 category, similar to broader area patterns where 30.9% occupy this range. Housing affordability pressures are severe, with only 77.5% of income remaining, ranking at the 22nd percentile.
Frequently Asked Questions - Income
Housing
Greenacre - North displays a diverse mix of dwelling types, with ownership patterns similar to the broader region
Dwelling structure in Greenacre - North, as evaluated at the Census conducted in 2016, comprised 59.7% houses and 40.3% other dwellings such as semi-detached homes, apartments, and 'other' dwellings. This compares to Sydney metropolitan area's 61.5% houses and 38.4% other dwellings. Home ownership in Greenacre - North stood at 29.8%, similar to the Sydney metro average, with mortgaged dwellings at 34.3% and rented dwellings at 35.9%. The median monthly mortgage repayment in the area was $2,253 as of 2016, higher than the Sydney metro average of $2,240. Meanwhile, the median weekly rent figure was recorded at $400, compared to Sydney metro's $425. Nationally, Greenacre - North's mortgage repayments were significantly higher than the Australian average of $1,863, while rents exceeded the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Greenacre - North features high concentrations of family households, with a higher-than-average median household size
Family households constitute 77.4% of all households, including 45.8% couples with children, 14.9% couples without children, and 15.6% single parent families. Non-family households comprise the remaining 22.6%, with lone person households at 20.6% and group households making up 1.9%. The median household size is 3.3 people, larger than the Greater Sydney average of 3.1.
Frequently Asked Questions - Households
Local Schools & Education
Educational attainment in Greenacre - North aligns closely with national averages, showing typical qualification patterns and performance metrics
The area has university qualification rates at 25.8%, which is substantially below the Greater Sydney average of 38.0%. This represents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees lead at 18.2%, followed by postgraduate qualifications at 6.5% and graduate diplomas at 1.1%. Trade and technical skills are prominent, with 25.8% of residents aged 15+ holding vocational credentials – advanced diplomas at 9.7% and certificates at 16.1%.
Educational participation is notably high, with 37.1% of residents currently enrolled in formal education. This includes 11.9% in primary education, 11.2% in secondary education, and 7.3% pursuing tertiary education. Greenacre - North's 4 schools have a combined enrollment reaching 4,256 students while Greenacre - North demonstrates typical Australian school conditions (ICSEA: 1039) with balanced educational opportunities. The educational mix includes 2 primary, 2 K-12 schools. The area functions as an education hub with 28.2 school places per 100 residents – significantly above the regional average of 16.8 – attracting students from surrounding communities.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Greenacre - North has 118 active public transport stops. These are bus stops serviced by 26 routes providing a total of 2,100 weekly passenger trips. The area's transport accessibility is rated excellent, with residents located an average of 129 meters from the nearest stop.
Service frequency averages 300 trips per day across all routes, equating to approximately 17 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
The level of general health in Greenacre - North is notably higher than the national average with prevalence of common health conditions low among the general population though higher than the nation's average across older, at risk cohorts
Greenacre - North shows superior health outcomes with fewer common health conditions among its general population compared to national averages. However, certain older, at-risk cohorts exhibit higher prevalence rates.
Approximately 47% (~7,088 people) of the total population has private health cover, significantly lower than the national average of 55.3%. Diabetes and arthritis are the most prevalent medical conditions in the area, affecting 6.3% and 6.1% of residents respectively. About 75.1% of residents claim to be completely free from medical ailments, slightly lower than the Greater Sydney average of 75.8%. The area has a higher proportion of seniors aged 65 and over at 15.8% (2,387 people), presenting unique health challenges requiring additional attention compared to the broader population.
Frequently Asked Questions - Health
Cultural Diversity
Greenacre - North is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics
Greenacre-North is among the most culturally diverse areas in Australia, with 43.5% of its population born overseas and 68.9% speaking a language other than English at home. As of 2016 Census data, Islam was found to be the main religion in Greenacre-North, comprising 48.0% of people, which is higher than the Greater Sydney average of 27.9%. In terms of ancestry, the top three represented groups were Lebanese (27.6%), Other (24.8%), and Australian (12.7%).
Notably, Korean was overrepresented at 2.6%, compared to the regional average of 0.7%. Vietnamese also had a higher representation in Greenacre-North at 2.2%, whereas regionally it was 8.5%. Greek was another group with notable divergence, standing at 2.6% in Greenacre-North compared to the regional average of 3.4%.
Frequently Asked Questions - Diversity
Age
Greenacre - North hosts a young demographic, positioning it in the bottom quartile nationwide
Greenacre - North's median age is 34 years, which is lower than Greater Sydney's average of 37 years and Australia's average of 38 years. Compared to Greater Sydney, Greenacre - North has a higher proportion of residents aged 5-14 (15.1%) but fewer residents aged 25-34 (12.5%). Between the 2021 Census and now, the population aged 15-24 has grown from 14.7% to 16.0%, while the proportion of those aged 5-14 has declined from 15.7% to 15.1%. By 2041, significant demographic changes are forecast for Greenacre - North. The 75-84 age group is projected to grow by 80%, adding 590 residents to reach a total of 1,328 residents. Residents aged 65 and above will drive 66% of population growth, indicating demographic aging trends. Conversely, population declines are projected for the 5-14 age group and the 0-4 age group.