Greenacres vs Hampstead Gardens
Greenacres (median $967,000) is roughly 28% cheaper to buy into than Hampstead Gardens ($1,342,500). Over the past year, Hampstead Gardens (+7%) ran 2.2 percentage points ahead of Greenacres (+4.8%) on house-price growth.
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Greenacres and Hampstead Gardens side by side
| Measure | Greenacres | Hampstead Gardens |
|---|---|---|
| Price and market | ||
| Median house | $967,000 | $1,342,500 |
| Median unit | $257,760 | $257,760 |
| House price change, 12 months | +4.8% | +7.0% |
| Renting | ||
| House rent | $685/wk | $680/wk |
| Unit rent | $460/wk | $362/wk |
| Owner occupied | 60.0% | 56.0% |
| Renter occupied | 38.0% | 43.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1058 | 1058 |
| Lifestyle and people | ||
| Walk score | 50 | 48 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 3,356 | 1,535 |
| Median age | 33 | 35 |
| Climate | ||
| Annual rainfall | 505 mm | 505 mm |
| Mean max, January | 30.0°C | 30.0°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
Greenacres scores higher on walkability (50/100 vs 48/100 ), useful if you're optimising for a car-light household.
- For buyers
- Greenacres is the lower entry point at $967,000 median, 28% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Greenacres delivers the better gross yield (3.68% vs 2.63%), but Hampstead Gardens has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.
Greenacres vs Hampstead Gardens: common questions
Is Greenacres or Hampstead Gardens cheaper to buy in?
Greenacres has the lower median house price at $967,000, roughly 28% below Hampstead Gardens ($1,342,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Greenacres or Hampstead Gardens?
Over the past 12 months, Hampstead Gardens grew +7% vs +4.8% in Greenacres, a gap of 2.2 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Which is more walkable, Greenacres or Hampstead Gardens?
Greenacres scores 50/100 on walkability vs 48/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Greenacres or Hampstead Gardens?
Gross rental yield on houses is 3.68% in Greenacres vs 2.63% in Hampstead Gardens. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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