Griffith City, NSW

Griffith is a local government area in south-western New South Wales. The LGA’s property market is quite small and mostly consists of family homes. The real estate here is relatively affordable, with the house sale prices below the state average. There are a few new developments popping up, but the market is still quite traditional.

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The Griffith City economy is based largely on agriculture and agribusiness. The city is home to a number of major food processing plants, and its rural location keeps land and labour costs relatively low. The city also has a significant tourism industry, thanks to its location on the banks of the Murrumbidgee River.

Labourers (17.9 %), Managers (15.4%), Technicians and Trades Workers (13.8 %), Professionals (13.2 %), and Clerical and Administrative Workers (11.7 %) are the most frequent jobs in Griffith.

Griffith’s typical weekly personal income for residents aged 15 years and older is $674.

In Griffith, 83.5 % of occupied private residences are detached houses, 4.8 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 9.9 % are flats or apartments, and 1.1 % are other housing.

The local real estate market has been growing steadily over the past few years, and is expected to continue doing so in the future. There are a number of good investment opportunities in the area, including both residential and commercial properties. Griffith City is also a great place to live, with plenty of amenities and a thriving community.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Yield chart
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Demand chart
Upgrade to Professional Plan to see Buy & Rent Search Index data.
Index chart

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced property market metrics that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Property Market in Griffith City Council, NSW

What other property markets are there near Griffith City Council, NSW?

Griffith City Council is surrounded by 3 other council areas – Murrumbidgee, Narrandera, Leeton.

Suburbs/localities in this Local Government Area: Griffith 2680, Hanwood 2680, Kooba 2680, Lake Wyangan 2680, Beelbangera 2680, Benerembah 2680, Nericon 2680, Bilbul 2680, Tabbita 2652, Tharbogang 2680, Warburn 2680, Warrawidgee 2680, Whitton 2705, Widgelli 2680, Willbriggie 2680, Yoogali 2680n Valley 2641, Lake Hume Village 3691, Lavington 2641, Albury 2640, North Albury 2640, South Albury 2640, Splitters Creek 2640, Springdale Heights 2641, Thurgoona 2640, West Albury 2640, Wirlinga 2640

1 thought on “Griffith City Council, NSW”

  1. Are you a real estate professional with an extensive knowledge of the Griffith property market? What is the outlook of the market from your point of view? Our members would love to hear from you! Share your insights in a comment below.

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