Residential Investment

Griffith’s population is forecast to grow to 26,764 in 2018 and increase to 30,507 by 2036. Griffith City Council has planned for growth by creating more lifestyle spaces to cater for a growing and diverse population.

The suburb of Collina is one of our largest residential housing areas, and is perfect for young professionals, families and retirees. This residential precinct also presents a significant opportunity for further development with Council preparing a Development Control Plan for the next phase of land release at Collina.

Land for residential development is also available at Lake Wyangan and at other locations within the City.

Please contact the Economic Development team on 6962 8100 if you want to explore these opportunities.

Median House and Rental Prices

Median Property Price:

Griffith: $325,693
NSW: $711,006

(Hometrack 2013-2017 Housing Valuation System)

Median Weekly Mortgage

Griffith: $339

NSW $456

Median Rental Price:

Griffith: $340per week = $110 lower than NSW