Greensborough VIC 3088
Greensborough is in Banyule LGA, VIC, postcode 3088, with population 21,070.
Strong evidence
Greensborough has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Weekly rent screens at about 43% of annual income. LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.
Open matching rent ranking →886 latest-year approvals in Banyule, +0.0% YoY; population +1.0% YoY (0.4% 5yr).
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QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Income-stretched rent market
Weekly rent screens at about 43% of annual income. Snapshot rent $560/wk.
LGA fallback rent. Compare against suburb-level records before treating this as a precise suburb signal.
Greensborough has enough direct local evidence for a first-pass decision.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.
Property prices, Market rent, Crime, Schools
No fallback or lower-precision signals flagged.
No major visible gaps in the current status panel.
Greensborough currently reads as a livability-led candidate.
Population scale is large enough to avoid reading this as a tiny locality only. School coverage gives the page a stronger family/livability signal. Gross yield looks low for an income-first use case.
Compare it against a contrasting suburb before turning it into a decision.
Population scale is large enough to avoid reading this as a tiny locality only. School coverage gives the page a stronger family/livability signal. Transport coverage adds a practical access signal.
Gross yield looks low for an income-first use case.
No decisive evidence gap was detected from the current inputs.
Compare-ready
- Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
- Investors want to know whether rent, yield, and affordability broadly support the suburb story.
- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Full data detail
Greensborough VIC
Greensborough is a large suburb in Victoria within the Banyule local government area (postcode 3088). With a population of 21,070, the suburb has an established demographic with a median age of 41. Households earn a median income of $108K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
The median house price in Greensborough is $970,000, having declined 3% over the past year. Units have a median price of $715,000 (-2.1% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,167.
Greensborough is served by 8 schools, including 6 primary, 1 secondary, 1 special. The average ICSEA score is 1074, which is above the national average of 1,000. Public transport access includes 10 rail stations, 98 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Banyule LGA is higher than average at 8,647 incidents per 100,000 population.
From an investment perspective, Greensborough offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($970K/$875K). The price-to-income ratio of 9.0x is considered moderate. House prices have moved -3.0% year-on-year. Population growth of +1.0% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Greensborough is a large suburb in Victoria within the Banyule local government area (postcode 3088). With a population of 21,070, the suburb has an established demographic with a median age of 41. Households earn a median income of $108K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
The median house price in Greensborough is $970,000, having declined 3% over the past year. Units have a median price of $715,000 (-2.1% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,167.
Greensborough is served by 8 schools, including 6 primary, 1 secondary, 1 special. The average ICSEA score is 1074, which is above the national average of 1,000. Public transport access includes 10 rail stations, 98 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Banyule LGA is higher than average at 8,647 incidents per 100,000 population.
From an investment perspective, Greensborough offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($970K/$875K). The price-to-income ratio of 9.0x is considered moderate. House prices have moved -3.0% year-on-year. Population growth of +1.0% year-on-year indicates stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.
Greensborough FAQ
Common questions-
What LGA is Greensborough in?
Greensborough is in the Banyule Local Government Area, VIC, postcode 3088. Council-level context for Banyule LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
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What is the median house price in Greensborough?
The current median house price in Greensborough, VIC is $970K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
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What is the typical weekly rent in Greensborough?
The median weekly rent in Greensborough is $560/wk, based on the current market rent dataset. The current rent signal is income-stretched rent market.
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What does the rent signal say about Greensborough?
Income-stretched rent market: Weekly rent screens at about 43% of annual income. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.
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Is Greensborough a good investment?
QuickProperty's investment signals for Greensborough show: Moderate Yield, Near Median, Moderate. These are computed from price, rent, income, and population data — not an opaque score.
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Where does QuickProperty get its data for Greensborough?
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
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How often is the Greensborough data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.