Greystanes

An assessment of population growth drivers in Greystanes reveals an overall ranking slightly below national averages considering recent, and medium term trends

As of November 2025, the estimated population of the Greystanes statistical area (Lv2) is around 24,472. This reflects an increase of 961 people since the 2021 Census, which reported a population of 23,511. The change is inferred from AreaSearch's estimation of the resident population at 23,651 in June 2024, based on examination of the latest ERP data release by the ABS and validation of an additional 55 new addresses since the Census date. This level of population results in a density ratio of 2,728 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Overseas migration contributed approximately 66.0% of overall population gains during recent periods.

For projections, AreaSearch is adopting 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 the 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. Based on aggregated SA2-level projections, the Greystanes (SA2) is expected to expand by 1,867 persons to 2041, reflecting an increase of approximately 5.5% in total over the 17-year period.

Recent residential development output has been above average within Greystanes when compared nationally

AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, indicates Greystanes has experienced approximately 171 dwellings receiving development approval each year. Over the past five financial years, from FY-21 to FY-25, around 859 homes were approved, with a further 69 approved in FY-26 so far. The average population increase per dwelling built over these years is approximately 0.2 people.

This suggests that supply is meeting or exceeding demand, offering greater buyer choice and supporting potential population growth above projections. New properties are being constructed at an average expected cost of $529,000, indicating a focus on the premium segment with upmarket properties. In FY-26, $7.4 million in commercial approvals have been registered, suggesting limited commercial development focus. The new development consists of 26.0% detached houses and 74.0% attached dwellings, representing a shift from the area's existing housing composition, which is currently 85.0% houses.

This trend towards denser development provides accessible entry options, appealing to downsizers, investors, and entry-level buyers. With around 219 people per dwelling approval, Greystanes shows characteristics of a low density area. According to the latest AreaSearch quarterly estimate, Greystanes is expected to grow by approximately 1,355 residents through to 2041. Given current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.

Greystanes has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

AreaSearch has identified 36 projects that may impact the area. Key projects include Westmead Health Precinct Redevelopment, New Hyland Road Sporting Complex, 515-519 Great Western Highway Mixed Use Development, and Cumberland Golf Club Redevelopment. The following list details those likely to be 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.

Employment conditions in Greystanes remain below the national average according to AreaSearch analysis

Greystanes has a skilled workforce with diverse sector representation. Its unemployment rate is 4.3%, with an estimated employment growth of 2.5% over the past year.

According to AreaSearch's aggregation of statistical area data, as of September 2025, there are 12,140 residents employed while the unemployment rate is 0.1% higher than Greater Sydney's rate of 4.2%. Workforce participation in Greystanes lags significantly at 52.8%, compared to Greater Sydney's 60.0%. Leading employment industries among residents include health care & social assistance, construction, and retail trade. Construction is particularly notable with employment levels at 1.3 times the regional average.

However, professional & technical services employ only 6.7% of local workers, below Greater Sydney's 11.5%. The area appears to offer limited local employment opportunities as indicated by the count of Census working population versus resident population. Between September 2024 and September 2025, employment levels increased by 2.5%, while labour force increased by 3.1%, resulting in an unemployment rise of 0.6 percentage points. In comparison, Greater Sydney recorded employment growth of 2.1% and labour force growth of 2.4%, with unemployment rising by 0.2 percentage points. State-level data from NSW to November 25 shows employment contracted by 0.03% (losing 2,260 jobs), with the state unemployment rate at 3.9%. National employment forecasts from Jobs and Skills Australia suggest national employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Greystanes's employment mix indicates local employment should increase by 6.4% over five years and 13.3% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localised population projections.

Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis

The suburb of Greystanes had a median taxpayer income of $50,668 and an average income of $61,463 in the financial year 2023, according to postcode level ATO data aggregated by AreaSearch. This is lower than the national average, with Greater Sydney's median income being $60,817 and average income $83,003. By September 2025, estimates based on Wage Price Index growth of 8.86% suggest a median income of approximately $55,157 and an average income of $66,909. In the 2021 Census, Greystanes' household income ranked at the 61st percentile ($1,930 weekly), with personal income at the 36th percentile. The income bracket of $1,500 - 2,999 dominated in Greystanes, with 30.8% of residents (7,537 people) falling into this category, similar to regional levels where 30.9% occupied this bracket. High housing costs consumed 16.3% of income, but strong earnings placed disposable income at the 60th percentile. The area's SEIFA income ranking placed it in the 6th decile.

Greystanes is characterized by a predominantly suburban housing profile, with strong rates of outright home ownership

The dwelling structure in Greystanes, as per the latest Census evaluation, consisted of 85.2% houses and 14.8% other dwellings including semi-detached, apartments, and 'other' dwellings. The home ownership rate within Greystanes was 41.3%, with 37.8% of dwellings being mortgaged and 20.9% rented out. The median monthly mortgage repayment in the area was $2,452, while the median weekly rent figure stood at $480. Nationally, Greystanes' mortgage repayments were significantly higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

Greystanes features high concentrations of family households, with a median household size of 3.0 people

Family households constitute 82.6% of all households, including 43.9% couples with children, 24.4% couples without children, and 13.2% single parent families. Non-family households account for the remaining 17.4%, with lone person households at 16.0% and group households comprising 1.4%. The median household size is 3 people.

Educational attainment in Greystanes aligns closely with national averages, showing typical qualification patterns and performance metrics

The area's university qualification rate is 22.7%, significantly lower than the SA4 region average of 39.1%. Bachelor degrees are most common at 16.0%, followed by postgraduate qualifications (5.1%) and graduate diplomas (1.6%). Vocational credentials are held by 32.9% of residents aged 15+, with advanced diplomas at 11.1% and certificates at 21.8%. Educational participation is high, with 30.4% of residents currently enrolled in formal education: 11.2% in primary, 8.9% in secondary, and 4.9% in tertiary education.

Educational participation is notably high, with 30.4% of residents currently enrolled in formal education. This includes 11.2% in primary education, 8.9% in secondary education, and 4.9% pursuing tertiary education.

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

The analysis of public transport in Greystanes shows that there are 197 active transport stops currently operating. These stops offer a variety of bus services. In total, these stops are serviced by 50 individual routes, which together provide 3,292 weekly passenger trips.

The accessibility to transport is rated as excellent, with residents typically located just 143 meters away from the nearest transport stop. On average, service frequency across all routes is 470 trips per day, equating to approximately 16 weekly trips per individual stop.

The level of general health in Greystanes is notably higher than the national average with prevalence of common health conditions quite low across both younger and older age cohorts

Greystanes shows better-than-average health outcomes, with low prevalence rates for common conditions across both younger and older age groups.

Approximately 51% (~12,544 people) of its total population has private health cover. The most prevalent medical conditions are arthritis (7.8%) and asthma (6%). Most residents (72.9%) report no medical ailments, compared to 0% across Greater Sydney. About 19.3% (4,723 people) of Greystanes' population is aged 65 or over. Seniors in Greystanes have above-average health outcomes, similar to the general population's profile.

Greystanes was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Greystanes has a high level of cultural diversity, with 34.2% of its population born overseas and 41.5% speaking a language other than English at home. Christianity is the predominant religion in Greystanes, comprising 70.4% of the population, compared to None% across Greater Sydney. The top three ancestry groups are Other (17.9%), Australian (17.2%), and English (13.5%).

Notably, Lebanese people are overrepresented at 12.7%, Maltese at 5.1%, and Croatian at 2.0%.

Greystanes's population aligns closely with national norms in age terms

The median age in Greystanes is 39 years, which is higher than Greater Sydney's average of 37 years and close to the national average of 38 years. Compared to Greater Sydney, the cohort aged 75-84 is over-represented in Greystanes at 7.7%, while those aged 25-34 are under-represented at 10.9%. Post-2021 Census data shows that the age group of 15 to 24 has grown from 11.8% to 13.3% of Greystanes' population, while the cohort aged 35 to 44 has declined from 14.0% to 12.5%. Population forecasts for the year 2041 indicate significant demographic changes in Greystanes, with the age group of 85 and above expected to grow by 103%, reaching 1,142 people from 562. This growth is led by demographic aging, as residents aged 65 and older represent 69% of anticipated population growth. Conversely, the cohorts aged 0 to 4 and 5 to 14 are expected to experience population declines.