Greensborough — Houses

BUY
VIC 3088 House Rank #50 of 263 in Melbourne ↑4
$1.04M
Median House Price · recent comparable sales
Rental Pressure Market #50 of 263

Extremely low vacancy signals structural undersupply in the rental market, creating long-term price pressure.

DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
BUY
Rental Pressure Market
DEMAND
98 buyers/listing
Strong
LIQUIDITY
26d DOM
Neutral
AFFORDABILITY
-1.3% vs 5yr
Neutral
GROWTH OUTLOOK
Average
Neutral
YIELD
3.5%
Neutral
SUPPLY PRESSURE
0.5% vacancy
Strong
#50/263 Average Structure 69 $1.04M

Atlaso rates Greensborough houses as BUY for capital growth. Vacancy is extremely tight at 0.47%, well below the 2.5% equilibrium. 66% of BUY-rated suburbs grew more than 8% in our validated testing.

At $1.04M, Greensborough ranks #50 of 263 houses in Melbourne. The long-term structural outlook is Average. Properties sell in 26 days.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Melbourne.

Greensborough Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
-0.1%
Asking Prices (3mo)
+5.7%
Rents (12mo)
0.3%
Vacancy
51%
Fresh Stock (<30d)

House Asking Prices (12 months)

$1.11M

House Weekly Rents (12 months)

$619/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3088.

Suburb Profile

Greensborough at a Glance

SEIFA Index
9/10
Most advantaged
Household Income
$2,076/wk
Median household
Median Age
41
Years
Mortgage Stress
24%
of income
Population Growth
+0.2%
vs state +2.2%
Ownership Mix
36.7% owned 41.9% mortgage 19.5% renting

Demographic Trends

Greensborough Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Greensborough Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Greensborough a good suburb to invest in?
Atlaso rates Greensborough as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Greensborough and 46 Australian cities to generate this rating.
What is the median house price in Greensborough?
The current median house price in Greensborough, vic is $1.04M, with annual growth of +11.4%. Properties sell in approximately 26 days.
How fast do properties sell in Greensborough?
Properties in Greensborough sell in 26 days on average. The market is currently rated Average. This is in line with the broader market.
What is the growth outlook for Greensborough?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Greensborough's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Greensborough?
The gross rental yield for houses in Greensborough is 3.5%. This is in line with the broader market average.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).