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 February 2026, the estimated population of Greystanes is around 24,461, reflecting a 950 person increase since the 2021 Census. The resident population was estimated at 23,651 by AreaSearch following examination of ABS ERP data released in June 2024 and an additional 56 validated new addresses since the Census date. This results in a population density of 2,727 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 is adopting ABS/Geoscience Australia projections for each SA2 area released in 2024 with a 2022 base year, and NSW State Government's SA2 level projections for areas not covered by this data, released in 2022 with a 2021 base year.

Growth rates by age group are applied to all areas for years 2032 to 2041. According to population projections, Greystanes is expected to grow by 2,151 persons to 2041, reflecting an increase of 5.5% in total over the 17 years.

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

Greystanes averaged approximately 171 new dwelling approvals per year based on AreaSearch analysis of ABS building approval numbers. Between FY-21 and FY-25, around 858 homes were approved, with an additional 75 approved in FY-26 to date. On average, 0.2 new residents arrived per new home over the past five financial years.

This indicates that new construction is meeting or exceeding demand, providing more options for buyers and potentially driving population growth beyond current projections. The average expected construction cost value of new properties was $529,000, suggesting developers are targeting the premium market segment. In FY-26, approximately $7.4 million in commercial approvals have been registered, reflecting the area's predominantly residential character. New development consists of 26.0% detached houses and 74.0% medium to high-density housing, offering affordable entry pathways and attracting downsizers, investors, and first-time purchasers.

This represents a significant shift from Greystanes' existing housing composition, which is currently 85.0% houses. This change may reflect decreasing availability of developable sites and evolving lifestyles. Greystanes has a low-density population, with approximately 219 people per approval. According to AreaSearch's latest quarterly estimate, the area is projected to gain around 1,341 residents by 2041. With current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers and potentially enabling growth beyond current forecasts.

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

Changes to local infrastructure significantly impact an area's performance. AreaSearch identified 36 projects likely affecting the region. Notable initiatives 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 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. The unemployment rate was 4.1% as of December 2025, which is 0.1% below Greater Sydney's rate of 4.2%. Employment growth over the past year was estimated at 4.3%, based on AreaSearch aggregation of statistical area data.

As of December 2025, 12,229 residents were in work and workforce participation was 66.9%, somewhat below Greater Sydney's rate of 70.2%. A high proportion of residents, 41.4%, worked from home according to Census responses. The key industries of employment among residents are health care & social assistance, construction, and retail trade. Construction shows particularly strong specialization with an employment share of 1.3 times the regional level.

Professional & technical services have a limited presence with 6.7% employment compared to 11.5% regionally. The area appears to offer limited local employment opportunities as indicated by the count of Census working population versus resident population. Over the 12-month period ending December 2025, employment increased by 4.3% alongside labour force increasing by 4.3%, keeping the unemployment rate relatively stable. By comparison, Greater Sydney recorded employment growth of 2.2% and labour force growth of 2.3%, with a marginal rise in unemployment. Jobs and Skills Australia's national employment forecasts from May-25 suggest potential future demand within Greystanes. These projections estimate national employment to expand by 6.6% over five years and 13.7% over ten years, but growth rates differ significantly between industry sectors. Applying these industry-specific projections to Greystanes' employment mix suggests local employment should increase by 6.4% over five years and 13.3% over ten years.

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 2023 indicates Greystanes' median income among taxpayers is $50,668. The average income is $61,463. This is lower than the national average. In Greater Sydney, the median income is $60,817 and the average is $83,003. Based on Wage Price Index growth of 8.86% since financial year 2023, estimated incomes for September 2025 would be approximately $55,157 (median) and $66,909 (average). Census data shows Greystanes' household income ranks at the 61st percentile ($1,930 weekly), while personal income is at the 36th percentile. Income analysis reveals that 30.8% of locals (7,533 people) earn between $1,500 and $2,999, similar to the surrounding region where 30.9% fall into this range. High housing costs consume 16.3% of income. Despite this, disposable income ranks at the 60th percentile. Greystanes' 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 evaluation, 85.2% of dwellings were houses, with the remaining 14.8% being other types such as semi-detached homes, apartments, and 'other' dwellings. This is compared to Sydney metropolitan area's figures of 55.9% houses and 44.1% other dwellings. Home ownership in Greystanes stood at 41.3%, with mortgaged properties accounting for 37.8% and rented dwellings making up the rest at 20.9%. The median monthly mortgage repayment in Greystanes was $2,452, exceeding Sydney metro's average of $2,427. The median weekly rent figure in Greystanes was $480, compared to Sydney metro's $470. 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 higher-than-average median household size

Family households account for 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 constitute the remaining 17.4%, with lone person households at 16.0% and group households comprising 1.4%. 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'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 prevalent, with 32.9% of residents aged 15+ holding them, including advanced diplomas (11.1%) and certificates (21.8%). Educational participation is high at 30.4%, comprising 11.2% in primary education, 8.9% in secondary education, 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 indicates there are 197 active transport stops currently operating within the area. These stops primarily service buses, with a total of 50 individual routes providing weekly passenger trips amounting to 3,292. The accessibility of transport is rated as excellent, with residents typically located approximately 143 meters from their nearest transport stop. As Greystanes is predominantly residential, most commuting tends to be outward-bound, with the car being the dominant mode of transportation at 90%. Vehicle ownership averages 1.6 per dwelling, which is higher than the regional average. According to the 2021 Census, a significant proportion of residents, specifically 41.4%, work from home, which may be reflective of COVID-19 conditions.

The service frequency across all routes averages approximately 470 trips per day, equating to roughly 16 weekly trips per individual stop. A map accompanies this report, displaying the 100 nearest stops to the location'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 results based on AreaSearch's analysis of mortality rates and chronic condition prevalence. The prevalence of common health conditions is low among the general population but closer to the national average for older, at-risk groups.

Approximately 51% (~12,538 people) have private health cover, lower than Greater Sydney's 59.9%. Arthritis and asthma are the most common medical conditions, affecting 7.8% and 6.0% of residents respectively, with 72.9% reporting no medical ailments compared to Greater Sydney's 74.6%. Working-age residents have low chronic condition prevalence. The area has a higher proportion of seniors aged 65 and over at 20.3% (4,965 people) than Greater Sydney's 15.4%. Health outcomes among seniors are above average but rank lower nationally compared to 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 main religion in Greystanes, making up 70.4% of people, compared to 49.2% across Greater Sydney. The top three ancestry groups are Other (17.9%), Australian (17.2%), and English (13.5%), which is lower than the regional average of 19.0%.

Notably, Lebanese (12.7%) and Maltese (5.1%) are overrepresented in Greystanes compared to their regional averages of 2.6% and 1.0%, respectively, while Croatian representation is also higher at 2.0% versus 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 slightly higher than Greater Sydney's average of 37 years and very close to Australia's national average of 38 years. Comparing the age distributions, Greystanes has a notably higher proportion of residents aged 75-84 (8.2%) compared to Greater Sydney's average, while those aged 25-34 are under-represented at 10.8%. According to post-2021 Census data, the percentage of Greystanes residents aged 75 to 84 has grown from 6.7% to 8.2%, while the 15 to 24 age group has increased from 11.8% to 12.9%. Conversely, the proportion of residents aged 35 to 44 has declined from 14.0% to 12.6%. By 2041, population forecasts indicate significant demographic changes in Greystanes. The number of residents aged 85 and above is expected to grow by 85%, reaching 1,178 from 635. This growth will be led by demographic aging, with residents aged 65 and older representing 64% of the anticipated population increase. Meanwhile, the 15 to 24 and 0 to 4 age groups are projected to experience population declines.