Is Granville a nice place to live?

Granville is anchored by Granville railway station and a busy bus interchange, with a traditional shopping strip, heritage buildings and mixed housing. The suburb has a young community with a large share of renters, with 56.7% of homes rented, and couples with children are the largest family group. Green spaces, playing fields, nearby retail centres and established community facilities support regular shopping, leisure and sporting activities, and Granville Square/Tony Issa Park has secured NSW Accelerated Infrastructure Fund backing and is being delivered to transform land just north of the station.

Is it expensive to live in Granville?

Rents in Granville would take a large share of a typical local household's income. A house rent of $720 a week is about 45% of a household earning $1,598 a week at the most recent Census, while a unit rent of $630 a week is about 39% of that income. For someone renting, that rent share is the most relevant number to watch. Buying looks more stretched against local incomes. A $1,220,000 median house price works out to about 14.7 times a typical local annual household income (weekly income $1,598 at the most recent Census, or $83,096 a year). The median unit price of $505,000 is about 6.1 times that annual income. On these figures, houses sit well above local incomes and units sit above local incomes. Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Is Granville a good place to invest?

In Granville, house values jumped a strong 13.9% over the past 12 months, while unit values rose a slight 1.0%. House rents climbed a modest 2.9% and unit rents edged up 1.6%. That means recent movement in Granville’s houses has been concentrated in capital growth rather than rental income, while for units rental income edged ahead of capital growth but both unit movements were small. This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Granville suburb profile

Granville is a long-established suburb in western Sydney, near the Parramatta River and the Parramatta centre. Its streets mix interwar cottages, post-war brick houses and apartment blocks clustered around the rail precinct, giving a layered residential character interwoven with heritage buildings and pockets of commercial and light industrial activity.

The suburb is anchored by Granville railway station and a busy bus interchange, sitting beside a traditional shopping strip of cafés, multicultural shops and everyday services. Green spaces, playing fields and local parks provide outdoor areas, while nearby retail centres and established community facilities support regular shopping, leisure and sporting activities.

Granville property market performance

Current median dwelling price$862,500Past 3 months

Property growth+7.4%Past 12 months

Granville's median house price is $1.22 million, having risen sharply by 13.9% over the last 12 months. Median unit prices are $505,000, having inched up by 1.0% over the last 12 months.

That sharp house rise is based on only 12 house sales over the last 3 months. Units sold more quickly than houses, with a median time on market over the last 12 months of 30 days for units and 46 days for houses. In Granville, house rents rose a modest 2.9% over the last 12 months, trailing house values.

	Houses	Units
Median price Past 3 months	$1.22M	$505K
Change in value Past 12 months	13.9%	1.0%
Sold Past 3 months	12	61
Median days on market Past 12 months	46	30
Average rent Past 12 months	$720	$630
Change in rent Past 12 months	2.9%	1.6%

5 year median price trend for houses and units

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Granville demographics

Granville is a young community with a large share of renters.

Couples with children are the largest family group at 43.5%, and 56.7% of homes are rented. At the 2021 Census, 16,716 people lived in Granville.

Granville and NSW

	Suburb	NSW
Median age years	31	39
Median household income weekly	$1,598	$1,829
Couples with children share of families	43.5%	44.7%
Couples without children share of families	36.3%	37.9%
One-parent families share of families	16.0%	15.8%
Homes owned outright share of homes	18.7%	32.6%
Homes with a mortgage share of homes	24.7%	33.6%
Homes rented share of homes	56.7%	33.7%

Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

Granville infrastructure, key developments and investment opportunities

Granville's Granville Square/Tony Issa Park secured NSW Accelerated Infrastructure Fund backing in 2023 and, with council co-funding, is being delivered to transform about 3,500 square metres of land just north of Granville railway station; construction is scheduled for 2027 with completion anticipated in December 2027. The suburb's Granville Town Hall underwent major heritage renovation in 2021, with the works including structural underpinning as part of the restoration.

Suburbs near Granville

Some popular suburbs near Granville include:

How does Granville compare to nearby suburbs?

Median house prices: Granville’s median house price is 0.8% higher than South Granville’s.
Median unit prices: Granville’s median unit price is 6.3% higher than Harris Park’s.
House price growth: Over the past 12 months, house prices in Granville have grown 9.1% higher than in Rosehill.
Unit price growth: Over the past 12 months, unit prices in Granville have grown 0.4% higher than in Harris Park.
Selling speed for houses: Properties in nearby Merrylands are selling 6.5% faster than in Granville.
Selling speed for units: Properties in Granville are selling 11.8% faster than in Rosehill.
Investment considerations: In Granville, the rental yield for house is 22.0% lower than the Sydney average, while the rental yield for units is 20.3% lower.
House price growth: Over the past 12 months, house prices in Granville have grown 38.6% lower than the average rate of growth across Sydney.
Unit price growth:Over the past 12 months, unit prices in Granville have grown 42.7% lower than the average rate of growth for units across Sydney.

Common questions about Granville

Is Granville a nice place to live?
Granville is anchored by Granville railway station and a busy bus interchange, with a traditional shopping strip, heritage buildings and mixed housing.

The suburb has a young community with a large share of renters, with 56.7% of homes rented, and couples with children are the largest family group. Green spaces, playing fields, nearby retail centres and established community facilities support regular shopping, leisure and sporting activities, and Granville Square/Tony Issa Park has secured NSW Accelerated Infrastructure Fund backing and is being delivered to transform land just north of the station.
Is it expensive to live in Granville?
Rents in Granville would take a large share of a typical local household's income. A house rent of $720 a week is about 45% of a household earning $1,598 a week at the most recent Census, while a unit rent of $630 a week is about 39% of that income. For someone renting, that rent share is the most relevant number to watch.

Buying looks more stretched against local incomes. A $1,220,000 median house price works out to about 14.7 times a typical local annual household income (weekly income $1,598 at the most recent Census, or $83,096 a year). The median unit price of $505,000 is about 6.1 times that annual income. On these figures, houses sit well above local incomes and units sit above local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
Is Granville a good place to invest?
In Granville, house values jumped a strong 13.9% over the past 12 months, while unit values rose a slight 1.0%. House rents climbed a modest 2.9% and unit rents edged up 1.6%.

That means recent movement in Granville’s houses has been concentrated in capital growth rather than rental income, while for units rental income edged ahead of capital growth but both unit movements were small.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

Choose the right real estate agents in Granville

Choosing the right real estate agent in Granville can have a big impact on your sale. While there are 121 real estate agents working in the suburb, but just 5 of them were responsible for 35.5% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.75% to 2.63%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.