Greenbank

Greenbank lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

Based on analysis of ABS population updates for the broader area, as of Nov 2025, the estimated population of Greenbank is around 17,086. This reflects an increase of 7,499 people (78.2%) since the 2021 Census, which reported a population of 9,587 people. The change is inferred from the resident population of 14,561 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 2,454 validated new addresses since the Census date. This level of population equates to a density ratio of 154 persons per square kilometer. Greenbank's growth of 78.2% since the 2021 census exceeded the national average (8.9%) and the state average, marking it as a growth leader in the region. Population growth was primarily driven by interstate migration contributing approximately 83.0% of overall population gains during recent periods, although all drivers including natural growth and overseas migration were positive factors.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data and years post-2032, Queensland State Government's SA2 area projections released in 2023 based on 2021 data are adopted. It should be noted that these state projections do not provide age category splits; hence where utilised, AreaSearch is applying proportional growth weightings in line with the ABS Greater Capital Region projections released in 2023 based on 2022 data for each age cohort. Moving forward, exceptional growth is predicted over the period with the area expected to increase by 14,010 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 59.4% in total over the 17 years.

The level of residential development activity in Greenbank was found to be higher than 90% of real estate markets across the country

AreaSearch analysis of ABS building approval numbers allocated from statistical area data indicates that Greenbank has experienced approximately 507 dwellings receiving development approval annually. Over the past five financial years, between FY-21 and FY-25, around 2,536 homes were approved, with an additional 216 approved so far in FY-26. This translates to an average of about 1.9 new residents per year per dwelling constructed over these five years.

The supply and demand dynamics appear stable, with new properties being constructed at an average expected cost value of $389,000, which is below regional norms, suggesting more affordable housing options for purchasers in the area. In terms of commercial development, around $8.5 million in approvals have been registered during FY-26, indicating limited focus on commercial development in Greenbank.

Recent construction comprises approximately 95% detached dwellings and 5% townhouses or apartments, preserving the area's low-density nature and emphasizing detached housing options that tend to attract space-seeking buyers. With around 21 people per dwelling approval, Greenbank exhibits characteristics of a growth area. According to AreaSearch's latest quarterly estimate, the population is forecasted to increase by approximately 10,142 residents through to 2041. Given current construction levels, housing supply should adequately meet demand in the foreseeable future, creating favourable conditions for buyers while potentially enabling population growth that exceeds current forecasts.

Greenbank has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 140 projects likely impacting the area. Notable projects include Greenbank Town Centre Redevelopment, Willowbrook Estate, Covella Estate, and Greenbank Town Centre (Greenbank Shopping Centre Expansion & Residential Precinct). The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

AreaSearch analysis of employment trends sees Greenbank performing better than 90% of local markets assessed across Australia

Greenbank's workforce is skilled with notable representation in the construction sector. The unemployment rate was 2.0% as of June 2025, showing a 5.3% employment growth over the past year based on AreaSearch data aggregation.

As of June 2025, 7,262 residents were employed, with an unemployment rate of 2.1%, lower than Greater Brisbane's 4.1%. Workforce participation was 67.3%, slightly higher than Greater Brisbane's 64.5%. Key industries include construction, health care & social assistance, and retail trade. Construction is particularly strong, with an employment share 1.6 times the regional level.

Professional & technical services are under-represented at 4.8% compared to Greater Brisbane's 8.9%. Limited local employment opportunities are indicated by Census data comparing working population to resident population. Over the year to June 2025, employment increased by 5.3%, labour force by 5.1%, and unemployment fell by 0.2 percentage points. In comparison, Greater Brisbane saw employment grow by 4.4%, labour force expand by 4.0%, and unemployment fall by 0.4 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 project a 6.6% increase over five years and 13.7% over ten years nationally. Applying these projections to Greenbank's employment mix suggests local employment should grow by 6.1% over five years and 12.7% over ten years, though this is a simple extrapolation for illustrative purposes only.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

Greenbank had a median taxpayer income of $56,924 and an average of $64,647 according to AreaSearch's aggregation of postcode level ATO data for the financial year 2022. This places Greenbank's incomes approximately at the national average, unlike Greater Brisbane which had a median income of $55,645 and an average income of $70,520 during the same period. As of September 2025, current estimates suggest median and average incomes would be around $64,888 and $73,691 respectively, based on Wage Price Index growth of 13.99% since financial year 2022. According to Census 2021 income data, Greenbank's household incomes rank at the 80th percentile with a weekly income of $2,240. Income distribution shows that the largest segment, comprising 37.7%, earns between $1,500 and $2,999 weekly (6,441 residents). This is similar to the metropolitan region where 33.3% fall into this bracket. Greenbank exhibits significant affluence with 31.2% earning over $3,000 per week, supporting premium retail and service offerings. Housing expenses account for 14.6% of income, while strong earnings place residents within the 81st percentile for disposable income. The area's SEIFA income ranking places it in the 6th decile.

Greenbank is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

In Greenbank, as per the latest Census evaluation, 98.6% of dwellings were houses, with the remaining 1.4% comprising semi-detached, apartments, and other types. In contrast, Brisbane metro had no reported houses or other dwellings. Home ownership in Greenbank stood at 28.4%, with mortgaged dwellings at 56.1% and rented ones at 15.4%. The median monthly mortgage repayment was $2,015, aligning with the Brisbane metro average, while the median weekly rent was $430, compared to no reported figures for Brisbane metro. Nationally, Greenbank's mortgage repayments exceeded the Australian average of $1,863, and rents were substantially higher than the national figure of $375.

Greenbank features high concentrations of family households, with a median household size of 3.2 people

Family households constitute 85.9% of all households, including 46.0% couples with children, 29.0% couples without children, and 10.1% single parent families. Non-family households account for the remaining 14.1%, with lone person households at 12.0% and group households comprising 2.1%. The median household size is 3.2 people.

Greenbank shows below-average educational performance compared to national benchmarks, though pockets of achievement exist

The area's university qualification rate is 17.0%, significantly lower than Greater Brisbane's average of 30.5%. Bachelor degrees are the most common at 12.4%, followed by postgraduate qualifications (2.9%) and graduate diplomas (1.7%). Vocational credentials are prevalent, with 42.4% of residents aged 15+ holding them, including advanced diplomas (11.0%) and certificates (31.4%). Educational participation is high at 30.1%, comprising primary education (10.7%), secondary education (9.5%), and tertiary education (4.1%).

Greenbank State School and Everleigh State School serve a total of 1,446 students, offering balanced educational opportunities with an ICSEA score of 998. Both schools cater to primary education only, with secondary options available nearby.

Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Transport analysis shows 15 active stops operating in Greenbank, served by buses. Three routes operate, offering 508 weekly passenger trips. Residents' access to transport is limited, with an average distance of 1923 meters to the nearest stop.

Service frequency averages 72 trips per day across all routes, equating to approximately 33 weekly trips per stop.

Greenbank's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low among the general population though higher than the nation's average across older, at risk cohorts

Greenbank residents showed relatively positive health outcomes, with a low prevalence of common conditions among the general population, although higher than the national average for older, at-risk cohorts.

Private health cover was approximately 53% of the total population (~9,024 people), slightly above the average SA2 area rate. The most prevalent medical conditions were asthma (8.2%) and mental health issues (7.8%), with 70.0% of residents reporting no medical ailments, compared to 0% in Greater Brisbane. There are 12.2% seniors aged 65 and over (2,084 people) in the area. While health outcomes for seniors require more attention than the broader population, they present some challenges.

The level of cultural diversity witnessed in Greenbank was found to be above average when compared nationally for a number of language and cultural background related metrics

Greenbank's cultural diversity was above average, with 13.5% speaking a language other than English at home and 24.4% born overseas. Christianity was the predominant religion, making up 46.9% of Greenbank's population. Notably, the 'Other' religious category comprised 2.2%, compared to none in Greater Brisbane.

In terms of ancestry, the top groups were English (28.9%), Australian (26.1%), and Other (9.3%). Some ethnic groups showed significant differences: New Zealanders made up 1.4% vs none regionally, Maori also at 1.4%, and Samoans at 0.8%.

Greenbank's population is slightly younger than the national pattern

Greenbank's median age of 36 years equals Greater Brisbane's 36 but is younger than the national average of 38 years. The 5-14 age group comprises 15.3% of Greenbank's population compared to Greater Brisbane. The 25-34 age cohort makes up 13.1%. Between 2021 and present, the 35-44 age group has grown from 13.4% to 14.5%. Conversely, the 55-64 cohort has decreased from 12.4% to 11.1%, and the 65-74 age group has dropped from 8.7% to 7.4%. By 2041, population forecasts indicate significant demographic changes for Greenbank. The 45-54 age cohort is projected to rise substantially by 1,853 people (80%), increasing from 2,306 to 4,160.