Greenacres vs Klemzig
Greenacres (median $967,000) is roughly 15% cheaper to buy into than Klemzig ($1,131,000). Over the past year, Klemzig (+8.5%) ran 3.7 percentage points ahead of Greenacres (+4.8%) on house-price growth.
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Greenacres and Klemzig side by side
| Measure | Greenacres | Klemzig |
|---|---|---|
| Price and market | ||
| Median house | $967,000 | $1,131,000 |
| Median unit | $257,760 | $257,760 |
| House price change, 12 months | +4.8% | +8.5% |
| Renting | ||
| House rent | $685/wk | $650/wk |
| Unit rent | $460/wk | $510/wk |
| Owner occupied | 60.0% | 56.0% |
| Renter occupied | 38.0% | 41.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1058 | 1079 |
| Lifestyle and people | ||
| Walk score | 50 | 36 |
| Transit score | 0 | 0 |
| Bike score | 100 | 100 |
| Population | 3,356 | 6,713 |
| Median age | 33 | 36 |
| Climate | ||
| Annual rainfall | 505 mm | 535 mm |
| Mean max, January | 30.0°C | 29.8°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 36/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Klemzig (1079) sits above Greenacres (1058).
- For buyers
- Greenacres is the lower entry point at $967,000 median, 15% 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 2.99%), but Klemzig 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
- Klemzig edges out on average school ICSEA (1079 vs 1058). Greenacres also has a higher family-household share (72% vs 62%), so the catchment community skews family-heavy.
Greenacres vs Klemzig: common questions
Is Greenacres or Klemzig cheaper to buy in?
Greenacres has the lower median house price at $967,000, roughly 15% below Klemzig ($1,131,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Greenacres or Klemzig?
Over the past 12 months, Klemzig grew +8.5% vs +4.8% in Greenacres, a gap of 3.7 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.
Does Greenacres or Klemzig have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Klemzig scores 1079 vs 1058 in Greenacres. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which is more walkable, Greenacres or Klemzig?
Greenacres scores 50/100 on walkability vs 36/100. 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 Klemzig?
Gross rental yield on houses is 3.68% in Greenacres vs 2.99% in Klemzig. 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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