Greensborough is the major retail and transport hub of Melbourne's outer north-east — a significant suburban centre where Greensborough Plaza (50+ retailers), direct Hurstbridge train access to Melbourne CBD (31 minutes), and the stunning Plenty Gorge Parklands system deliver outer-suburban scale living with genuine urban services. Its role as a key employment and retail node for the surrounding Banyule and Nillumbik municipalities creates consistent residential demand, with new apartment development around the train station delivering a growing unit investment market. At the current $1.05m median house price, an 80% loan at 6.25% over 30 years is about $5,172 per month.
| Median house price | $1,050,000 |
|---|---|
| Median unit price | $590,000 |
| Estimated monthly repayment | $5,172 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6.8% |
| Gross rental yield | 3.8% |
| Typical days on market | 17 |
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