Greigs Flat, NSW

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Livability Index
90.2
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Population: 323

House Growth Prediction (per annual): 32%, 230th out of 5061

Unit Growth Prediction (per annual): NA, NAth out of 2987

Keywords: Low Salary, Elderly

Basics

Greigs Flat is a local community with population 323, and the population growth over the past decade is -75.2%. It has an average income $37,292.32 per annum. It has 94.4% of population who only speak English at home. Other top languages include Italian, Dutch, Croatian, Danish, Fijian. Unemployment rate in Greigs Flat is 5.96% while people work as professionals is 16.4%. Greigs Flat has 0 Coles stores and 0 Woolworth stores. Its population density is 1.7 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Greigs Flat has Socio-Economic raw score 1012.4 while the average score across Australia is 1000. Therefore, Greigs Flat has advantage in terms of Socio-Economic measure. It obtains relative score 58 out of 100 across Australia, while relative score 58 out of 100 within NSW. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Greigs Flat has a livability index 89.3, which is lower than average 100 across Australia. It ranks 6,713th out of 8,530 suburbs across Australia. Therefore, it is a suburb less livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 9.9% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Greigs Flat has a higher than average growth expectation. It ranks 4,353th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Similar to house, unit/flat/apartment in Greigs Flat is predicted to grow by NA% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Greigs Flat has a higher than average growth. It ranks NAth out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school contribute to the attractiveness of Greigs Flat, which obtains score of 95.2 out of 100 within NSW based on local primary school student exam performance. Similar to primary school, secondary public school contribute to the attractiveness of Greigs Flat, which obtains score of 91.5 out of 100 within NSW based on local secondary school student exam performance. Considering the background of students in primary school, Greigs Flat has a better than average score, which is 70.8 out of 100. Similar to to primary school, secondary school has better than average score, which is 63.9 out of 100.

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Greigs Flat, NSW smart rating was calculated by GeoIndex Australia.

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