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City of Banyule
Greensborough

Greensborough Property Market
& Suburb Profile

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MEDIAN PRICES IN GREENSBOROUGH

Median house price

(all agencies, last 12 months)$1.0m*

House price change

(all agencies, last 12 months)+0.98%

Median unit price

(all agencies, last 12 months)$761k*

Unit price change

(all agencies, last 12 months)+4.5%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

GREENSBOROUGH PRICE TRACKER

HousesUnits

GREENSBOROUGH SALES OVERVIEW

  • Sold by Auction 54%
  • Sold by Private Sale or Other Method 46%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)25

Average days on market (units)

(all agencies, 12 months)27

Auction clearance rate in Greensborough

(all agencies, last 12 months)53%

Average held period in Greensborough

(proptrack)14 years

GREENSBOROUGH INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$701pw

House rental price change

(all agencies, last 12 months)0.06%

Median rental price for Units

(all agencies, last 12 months)$567pw

Unit rental price change

(all agencies, last 12 months)0.04%

Average rental yield for Houses

(all agencies, last 12 months)3.47%

Average rental yield for Units

(all agencies, last 12 months)3.89%

Greensborough total population size

(as at the last census)21,070

Median household size in Greensborough

(as at the last census)2.6

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

GREENSBOROUGH PROPERTY TYPES

  • Houses 45%
  • Units 21%
  • Other 34%

OCCUPANCY IN GREENSBOROUGH

  • Owned 80%
  • Rented 17%
  • Other/Not Stated 3%
  • Singles 22%
  • Families 77%
  • Other 2%

CURIOUS TO KNOW WHAT YOUR PROPERTY IS WORTH TODAY?

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ABOUT GREENSBOROUGH

Greensborough is a vibrant, family-friendly suburb located approximately 17 to 19 kilometres northeast of the Melbourne CBD, offering a highly attractive blend of urban convenience and a leafy, community-oriented lifestyle, cemented by its status as a major regional hub.

The suburb’s core is the expansive Greensborough Plaza, which provides a comprehensive array of retail, dining, and entertainment options, including a Hoyts Cinema, alongside the popular WaterMarc Aquatic and Leisure Centre, ensuring all essential amenities and leisure needs are met within the locality.

The area is highly valued by families due to its wealth of recreational spaces, being situated on the fringe of the Green Wedge and featuring the Plenty River Trail, numerous parks, and sporting clubs, providing extensive opportunities for outdoor activity.

Education is well-serviced by numerous respected institutions, including Greensborough Primary School, St Mary’s Primary, and Greensborough College, which appeal strongly to residents and reinforce the area's family appeal.

Connectivity is a major strength for commuters, as the suburb boasts a dedicated Greensborough Train Station on the Hurstbridge line, providing a direct rail link to the city, complemented by a major bus interchange and excellent vehicular access via the nearby Greensborough Bypass and Metropolitan Ring Road.

The housing stock is diverse, featuring everything from established homes on large blocks ripe for renovation, to modern townhouses and units strategically located near the activity centre, making Greensborough a consistently popular and stable market for buyers, renters, and investors seeking enduring value in Melbourne’s north-east.

Education

Apollo Parkways Primary School
Diamond Valley Special Developmental School
Greenhills Primary School
Greensborough Primary School
Greensborough Secondary College
St Mary's School
St Thomas the Apostle School
Watsonia Heights Primary School
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SALES COMPARISON

Find out how Greensborough median sales prices compare to neighbouring suburbs.

GREENSBOROUGH MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
2025359$897,8750.98%256$634pw3.68%
2024339$875,0004.19%256$601pw3.62%
2023284$856,875-1.28%326$565pw3.42%
2022346$856,000-1.34%390$506pw3.14%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
2025359$897,875+0.98%
2024339$875,000+4.19%
2023284$856,875-1.28%
2022346$856,000-1.34%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
2025256$634pw3.68%
2024256$601pw3.62%
2023326$565pw3.42%
2022390$506pw3.14%

BROWSE MORE SUBURBS

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NEWS & INSIGHTS

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 December 2024 to 31 December 2025, last updated 31 December 2025.