All About South Granville, Cumberland , NSW 2142

South Granville Real Estate Market Outlook

Thinking about buying in South Granville? Now could not be a better time, with 2718 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,700,000 with prices in this suburb ranging from $130,000 to $92,242,000. The aproximate distance to the coast is 16 Km.

In South Granville there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in South Granville is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in South Granville provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in South Granville we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make South Granville a better buying opportunity than it may have been in the past.

Instant Property Valuation

South Granville, an extension of the larger suburb of Granville, is a suburb located around 18 kilometres west of the centre of Sydney. Despite being smaller than Granville itself, South Granville is still a relatively sizeable suburb with a population of around 5500 people. The name Granville is derived from the name of the British Foreign Secretary in 1880, Granville Leveson-Gower, 2nd Earl Granville. South Granville is surrounded by several high-performing schools, and has a number of parks and green spaces. Its proximity to the city makes it a convenient but not overwhelmingly busy place to live, allowing for a relaxed lifestyle paired with easy and expeditious access to the centre of Sydney, along with all the benefits of urban life.

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