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Griffith suburb profile

Griffith is a Riverina regional centre set in the irrigated plains of the Murrumbidgee Irrigation Area, where vineyards, orchards and broadacre farms shape the landscape and local economy. The suburb combines established, tree-lined residential streets with more recent suburban and rural-residential growth on the fringes, reflecting a mix of families, people working in agribusiness and retirees. A strong Italian heritage is visible in the food and wine culture, with cellar doors, bakeries and eateries part of everyday life. Residents rely on the town's schools, shops, community clubs and regional services, and travel by sealed roads and a regional airport to other centres.

Griffith property market performance

Current median dwelling price$566,250Past 3 months

Property growth+21.3%Past 12 months

There are relatively few unit sales, so there isn't enough recent data to publish a reliable median unit price. On the house side, the median house price is $692,500 and house values rose strongly, up 10.0% over the last 12 months. Reported unit values rose sharply, up 32.7% over the same period, so unit values grew faster than house values.

Over the past 3 months 67 houses and 4 units sold. Over the last 12 months houses sold in a median of 41 days and units in 35 days, so they sold in a similar time.

The rental market in Griffith saw average house rents of $530 and unit rents of $420 over the last 12 months. House rents rose a solid 6.0% and unit rents rose a solid 5.0%, so rents grew at a similar pace.

HousesUnits
Median price
Past 3 months
$693KN/A
Change in value
Past 12 months
10.0%32.7%
Sold
Past 3 months
674
Median days on market
Past 12 months
4135
Average rent
Past 12 months
$530$420
Change in rent
Past 12 months
6.0%5.0%

5 year median price trend for houses and units

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Griffith demographics

Griffith is home to 19,505 people, with a median age of 36. The typical household earns $1,676 a week, roughly $87,152 a year.

Families make up the bulk of households: couple families with children are the largest group at 44.0%, about four in ten families, and together with couple families without children (37.9%) they account for 81.9% of families. One-parent families represent 16.4% and other families 1.7%.

Homes in Griffith are mainly owner-occupied: 32.3% are owned outright and 28.6% are owned with a mortgage, a combined 60.9%, while 39.1% are rented.

Suburbs near Griffith

Some popular suburbs near Griffith include:

How does Griffith compare to nearby suburbs?

  • House price growth: Over the past 12 months, house prices in Griffith have grown 2.6% higher than in Yenda.
  • Selling speed for houses: Properties in nearby Yenda are selling 34.1% faster than in Griffith.

Choose the right real estate agents in Griffith

Choosing the right real estate agent in Griffith can have a big impact on your sale. While there are 9 real estate agents working in the suburb, but just 5 of them were responsible for 90.1% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.17% to 3.25%, 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.

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