8/5 Eldale Avenue

Greensborough VIC 3088

The size of Greensborough is approximately 10.2 square kilometres. It has 41 parks covering nearly 12.1% of total area. The population of Greensborough in 2011 was 20,552 people. By 2016 the population was 20,803 showing a population growth of 1.2% in the area during that time. The predominant age group in Greensborough is 40-49 years. Households in Greensborough are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greensborough work in a professional occupation. In 2011, 81.6% of the homes in Greensborough were owner-occupied compared with 80.4% in 2016.

Greensborough has 9,997 properties. Over the last 5 years, Houses in Greensborough have seen a 24.86% increase in median value, while Units have seen a 20.53% increase. As at 30 November 2024:

• The median value for Houses in Greensborough is $1,051,536 while the median value for Units is $745,111.
• Houses have a median rent of $600 while Units have a median rent of $500.