Market snapshot
Suburb insights for Greensborough3088
Change suburbGreensborough, approximately 19 km northeast of the CBD, is a major activity centre in Banyule, offering strong transport connections, shopping, and recreational amenities. Anchored by Greensborough Plaza and the surrounding Main Street precinct, the suburb also features parks, bike trails, and access to the Metropolitan Ring Road. It’s a popular choice for families due to its excellent schools, numerous sporting clubs, and convenient public transport options via train and buses. Greensborough strikes a balance between urban convenience and outdoor living, making it a key growth suburb in the northeast.
Recent sales and auction results in Greensborough
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 3/48 Mcdowell St, Greensborough | 2 |  | Townhouse | Passed in Vendor Bid | 15/08/2025 | Morrison Kleeman | |
| 1/221 Elder St, Greensborough | 4 |  | House | Private Sale | 4/08/2025 | Morrison Kleeman | |
| 4 Toorak Ct, Greensborough | 5 |  | House | Private Sale | 15/07/2025 | Morrison Kleeman |
Sales data
Median sale price
$1mil
Quarterly price change
-0.7%
Metro Melbourne Comparison
$924k
0.4%
| Bedrooms | Greensborough | Metro comparison |
|---|---|---|
| 2 | $760,000 | $890,000 |
| 3 | $970,000 | $815,000 |
| 4 | $1,118,000 | $950,000 |
| Insight | Greensborough | Metro comparison |
|---|---|---|
| Clearance rate | 76.7% | 79.5% |
| Days on market | 28 | 39 |
Rental data
Median weekly rent
$640
Rental yield
3.3%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Greensborough | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $600 | $550 |
| 4 | $710 | $600 |
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