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 May 2026, the estimated population of Greystanes is approximately 23,197, marking a decrease of 314 people since the 2021 Census when it was recorded at 23,511. This decline is inferred from AreaSearch's estimation of the resident population as 23,148, following their examination of the latest ERP data release by the ABS in June 2025 and validation of an additional 58 new addresses since the Census date. The population density stands at 2,586 persons per square kilometer, placing Greystanes in the upper quartile relative to national locations assessed by AreaSearch. Overseas migration contributed approximately 66.0% of overall population gains during recent periods. AreaSearch's projections for Greystanes are based on ABS/Geoscience Australia data released in 2024 with a base year of 2022, and NSW State Government SA2-level projections released in 2022 with a base year of 2021 for areas not covered by the former.

For years 2032 to 2041, growth rates by age group from these aggregations are applied to all areas. According to these projections, Greystanes is expected to grow by approximately 2,100 persons by 2041, reflecting an increase of about 8.8% over the 16-year period.

Residential development activity is slightly higher than average within Greystanes when compared nationally

AreaSearch analysis of ABS building approval numbers in Greystanes shows an average of around 171 new dwelling approvals per year. Between FY-21 and FY-25, approximately 858 homes were approved, with another 128 approved so far in FY-26. Despite a population decline during this period, housing supply has been adequate relative to demand, resulting in a balanced market with good buyer choice.

The average construction cost value of new properties is $529,000, indicating developers are targeting the premium market segment. This financial year, $7.4 million in commercial approvals have been registered, reflecting Greystanes' residential character. New development consists of 26.0% detached houses and 74.0% medium and high-density housing, offering affordable entry pathways for downsizers, investors, and first-time purchasers. This represents a shift from the area's existing housing composition, which is currently 85.0% houses.

Greystanes has a low density population of around 216 people per approval. According to AreaSearch's latest quarterly estimate, Greystanes is forecasted to gain 2,051 residents by 2041. With current construction levels, housing supply should meet demand adequately, 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

The performance of an area is significantly influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified 39 such projects that are expected to impact the area. Notable among these are the Westmead Health Precinct Redevelopment, the Mixed Use Development at 515-519 Great Western Highway, the Cumberland Golf Club Redevelopment, and the NDIS SIL Mixed Use Development. The following list provides details on those projects likely to have the most relevance.

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. The unemployment rate was 4.1% in the past year, with an estimated employment growth of 2.7%. As of December 2025, 11,389 residents were employed, with an unemployment rate of 4.2%, slightly below Greater Sydney's rate.

Workforce participation was 63.8%, lower than Greater Sydney's 68.8%. A high proportion of residents, 41.4%, worked from home, potentially influenced by Covid-19 lockdowns. Key industries for employment were health care & social assistance, construction, and retail trade. Construction had a particularly strong presence with an employment share 1.3 times the regional level.

Professional & technical services had limited representation at 6.7% compared to the regional average of 11.5%. The area appears to offer limited local employment opportunities based on Census data. In the 12-month period ending in December 2025, employment increased by 2.7% while the labour force grew by 2.6%, keeping the unemployment rate relatively stable. Greater Sydney recorded employment growth of 2.2% and labour force growth of 2.3%. Jobs and Skills Australia's national employment forecasts from May-25 suggest overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Greystanes' employment mix indicates potential local employment increases of 6.4% over five years and 13.3% over ten years, though these are simple extrapolations for illustrative purposes only.

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

AreaSearch's latest postcode level ATO data for financial year ending June 2023 shows Greystanes' median taxpayer income at $50,668 and average at $61,463. Nationally, the median is higher at $70,594 with an average of $98,282. In Greater Sydney, the median is $60,817 and average is $83,003. By March 2026, estimates based on Wage Price Index growth suggest Greystanes' median will be approximately $55,897 and average $67,806. Census data places household income at the 61st percentile ($1,930 weekly) and personal income at the 36th percentile. The predominant income cohort in Greystanes is 30.8% (7,144 people) earning between $1,500 - 2,999 weekly. This aligns with surrounding regions where 30.9% also fall within this range. Housing costs consume 16.3% of income, but strong earnings place disposable income at the 60th percentile. The area's SEIFA income ranking places it in the 6th decile.

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

In Greystanes, as per the latest Census, 85.2% of dwellings were houses, with the remaining 14.8% being semi-detached, apartments, or other types. This is compared to Sydney's metropolitan area, where 55.9% were houses and 44.1% were other dwellings. Home ownership in Greystanes was higher than Sydney metro at 41.3%, with mortgaged dwellings at 37.8% and rented ones at 20.9%. The median monthly mortgage repayment in Greystanes was $2,452, exceeding the Sydney metro average of $2,427. The median weekly rent in Greystanes was $480, compared to $470 in Sydney metro. Nationally, Greystanes' mortgage repayments were higher at $2,452 versus Australia's average of $1,863, and rents were substantially above the national figure of $375.

Greystanes features high concentrations of family households, with a higher-than-average median household size

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 comprise the remaining 17.4%, with lone person households at 16.0% and group households making up 1.4% of the total. The median household size is 3.0 people, larger than the Greater Sydney average of 2.7.

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

The area has university qualification rates of 22.7%, significantly lower than the SA4 region average of 39.1%. Bachelor degrees are the 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.

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

Greystanes has 197 active public transport stops, all of which are bus stops. These stops are served by 50 different routes that together facilitate 3,292 weekly passenger trips. The accessibility of these stops is rated as excellent, with residents typically living within 143 meters of the nearest stop. Most residents commute outward from Greystanes, and cars remain the primary mode of transport, used by 90% of residents. On average, there are 1.6 vehicles per dwelling in Greystanes, which is higher than the regional average. According to the 2021 Census, 41.4% of residents work from home, a figure that may be influenced by COVID-19 conditions.

The service frequency across all routes averages 470 trips per day, which equates to approximately 16 weekly trips per individual stop. A map accompanies this information and shows the locations of the 100 nearest stops to the area's centrepoint.

The level of general health in Greystanes is notably higher than the national average with prevalence of common health conditions low among the general population and nearer the nation's average across older, at risk cohorts

Greystanes shows better-than-average health outcomes based on AreaSearch's assessment of mortality rates and chronic condition prevalence. The prevalence of common health conditions is low among the general population but nears the national average for older, at-risk cohorts.

Approximately 51% of Greystanes' total population (~11,890 people) has private health cover, lower than Greater Sydney's 59.9%. The most prevalent medical conditions are arthritis (7.8%) and asthma (6.0%), while 72.9% report no medical ailments, compared to 74.6% in Greater Sydney. Working-age residents have low chronic condition prevalence. Greystanes has a higher proportion of seniors aged 65 and over at 20.0% (4,639 people), compared to Greater Sydney's 15.5%. Health outcomes among seniors are above average but rank lower nationally than the broader population.

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, making up 70.4% of the population, compared to 49.2% across Greater Sydney. The top three ancestry groups in Greystanes are Other (17.9%), Australian (17.2%), and English (13.5%), which is lower than the regional average of 19%.

Notably, Lebanese (12.7%) and Maltese (5.1%) populations are overrepresented in Greystanes compared to the regional averages of 2.6% and 1.0%, respectively. Additionally, Croatian ancestry is also notably higher at 2.0% compared to the regional average of 0.7%.

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 Australia's national average of 38 years. In comparison to Greater Sydney, the 75-84 age group is notably over-represented in Greystanes at 8.2%, while the 25-34 age group is under-represented at 11.3%. Post-2021 Census data shows that the 75 to 84 age group has grown from 6.7% to 8.2% of Greystanes' population, while the 35 to 44 age group has declined from 14.0% to 12.6%. Population forecasts for 2041 indicate substantial demographic changes in Greystanes. The 65-74 age group is expected to grow by 26%, reaching 2,725 people from 2,157. Residents aged 65 and older are projected to represent 57% of the population growth. Conversely, the 0-4 and 35-44 age groups are anticipated to experience population declines.