Suburb guide · Cumberland council area
Mortgage broker for Granville (2142) home buyers
2,240 of Granville's 16,716 residents were born in Nepal, more than any other country outside Australia, and 61% of the suburb was born overseas (ABS Census 2021). The housing is mixed (55.4% units, 34.8% houses), and median sales in January to March 2026 were $563,000 for a unit and $1,363,000 for a house. We don't have an office in Granville. Sulav Adhikari works with buyers here by phone or video, from the first conversation to settlement.
On this page
Granville at a glance
- Residents
- 16,7165,452 occupied homesABS Census 2021
- Born overseas
- 61%Top birthplaces: Nepal, India, ChinaABS Census 2021
- Born in Nepal
- 2,24013.4% of residentsABS Census 2021
- Speak Nepali at home
- 2,21513.3% of residentsABS Census 2021
- Arrived 2016 to 2021
- 22.3%3,735 people born overseasABS Census 2021
- Median age
- 312.8 people per householdABS Census 2021
- Median household income
- $1,598/wk$83,096 a yearABS Census 2021
- Households renting
- 54.6%23.8% mortgage, 18% owned outrightABS Census 2021
- Flats and apartments
- 55.4%34.8% separate houses, 9.2% semis and townhousesABS Census 2021
- Median rent, new leases
- $630/wkAll dwellings, postcode 2142NSW DCJ, April to June 2026
The suburb is split between councils, Cumberland (70.4% of its land) and Parramatta (29.6% of its land), which matters for council rates and planning rules. Compared with the other suburbs we cover, its Nepal-born count is the sixth-highest of 26 and its share of renters is the sixth-highest. A median age of 31 makes it one of the younger suburbs we cover, with 2.8 people in the average household. 19.7% of workers caught a train on Census day 2021, a lockdown day when 22.9% stayed home, which makes this a rail commuter suburb.
The cost of buying in Granville
A typical unit in postcode 2142 changed hands for $563,000 in January to March 2026 from 80 sales, while houses went for a median $1,363,000. The house median rests on only a few sales, which DCJ flags as a small sample, so treat it as a rough guide. A house costs 2.4 times as much as a unit here, a gap of $800,000. Against the median household income recorded here in 2021 ($83,096 a year), that is 6.8 times for a unit and 16.4 times for a house.
| Item | Median unit | Median house |
|---|---|---|
| Median sale price | $563,000 | $1,363,000 |
| 5% deposit | $28,150 | $68,150 |
| 10% deposit | $56,300 | $136,300 |
| 20% deposit (no LMI) | $112,600 | $272,600 |
| Transfer duty, standard | $19,522 | $56,252 |
| Transfer duty, first home buyer | $0 | $56,252 |
| Registration fees | $365 | $365 |
| 5% Deposit Scheme cap ($1,500,000) | Under | Under |
| Cash needed, first home buyer, 10% deposit | $56,665 | $192,917 |
- Owner-occupier, established home, every scheme condition met. Cash needed excludes conveyancing and LMI. 2026-27 rules, checked 26 October 2026.
The first home exemption covers the median unit in full: $19,522 of duty becomes nil for an eligible buyer. No first home concession reaches the median house; at that price the duty is $56,252 for everyone.
Both medians are under the 5% Deposit Scheme cap for Sydney ($1,500,000), so an eligible first home buyer could buy at either price with a 5% deposit and no lenders mortgage insurance (LMI).
Try a price other than $563,000 in the NSW stamp duty calculator
Renting vs buying in Granville
The median rent on a new lease in postcode 2142 was $630 a week in April to June 2026, based on 313 bonds lodged, which adds up to $32,760 over a year. By size, a two-bedroom unit leased for $650 a week and a three-bedroom house for $750.
The 2021 Census recorded a median rent of $400 a week and a median mortgage repayment of $1,873 a month, 8% more than the median rent. Today's new-lease median is 57% above that 2021 rent. DCJ counts only new bonds and the Census counts every renting household, so read the gap as a direction, not an exact rise. That 2021 rent was 25% of a median household's income.
Put another way, 45 weeks of today's median rent would cover a 5% deposit ($28,150) on the median unit. Renters are a narrow majority (54.6% of households), while 23.8% of homes are owned with a mortgage.
| Dwelling | Weekly | Yearly | New bonds |
|---|---|---|---|
| All dwellings | $630 | $32,760 | 313 |
| 1-bedroom unit | $540 | $28,080 | 61 |
| 2-bedroom unit | $650 | $33,800 | 129 |
| 3-bedroom unit (small sample) | $778 | $40,456 | 11 to 30 |
| House (all sizes) | $720 | $37,440 | 70 |
| 3-bedroom house (small sample) | $750 | $39,000 | 11 to 30 |
| 4+ bedroom house (small sample) | $860 | $44,720 | 11 to 30 |
- No interest rate is assumed: compare with your own rate in the repayments calculator.
Granville buyers we work with
Buyers from the Nepali community
Nepali is the home language of 2,215 residents (13.3%), and 2,240 people here were born in Nepal. Common questions here: will a lender accept a gift from parents in Nepal, how is overseas income or savings counted, and what does a deposit in lakh come to in dollars.
Nepali community home loans NPR to AUD converter
Buying soon after you arrive
3,735 residents (22.3%) arrived in Australia between 2016 and Census night 2021. Your visa changes the numbers: a temporary resident pays 9% surcharge purchaser duty, needs FIRB approval and is generally limited to new homes until 30 June 2029, while a permanent resident is treated much like a citizen. The surcharge alone is $50,670 on the median unit. Postcode 2142 is not a designated regional area, so a 491 or 494 holder bound by condition 8579 can't live here on that visa.
Visa guides: subclass 189, 190, 491, 482.
First home buyers
54.6% of households rent, almost three in five. On the median unit, a first purchase means $28,150 for a 5% deposit, no transfer duty and a price inside the 5% scheme cap. Lenders also look for genuine savings and steady income, and some accept a family guarantor instead of part of the deposit.
Apartment purchases
With units making up 55.4% of homes, the building matters: some lenders limit loans on small or high-density apartments. Send us the building address early: we check which lenders accept it before you spend money on reports.
Granville and its neighbours
Merrylands is the closest suburb in our guides, 2.1 km from Granville. One of the five neighbours listed has a lower median unit price than Granville's $563,000. Auburn has a larger Nepal-born community (5,009 people).
| Suburb | Distance | Born in Nepal | Median rent | Median unit |
|---|---|---|---|---|
| Granville | — | 2,240 | $630/wk | $563,000 |
| Merrylands | 2.1 km | 947 | $650/wk | $548,000 |
| Parramatta | 2.4 km | 1,672 | $700/wk | $620,000 |
| Auburn | 2.5 km | 5,009 | $680/wk | $610,000 |
| Westmead | 3.5 km | 571 | $680/wk | $600,000 |
| Lidcombe | 4.3 km | 1,491 | $780/wk | $807,000 |
- Born in Nepal: ABS Census 2021. Rent and unit price: NSW DCJ, latest quarter.
See our Merrylands guide, Parramatta rents and prices or our Auburn guide. All NSW suburb guides
Granville buyers often ask
How much stamp duty would a first home buyer pay on a median Granville unit?
None, if you qualify for the First Home Buyers Assistance Scheme: the $563,000 median unit is under the exemption limit. Other buyers pay $19,522. Checked against Revenue NSW on 26 October 2026.
What deposit do I need to buy in Granville?
For the median unit ($563,000): $28,150 at 5%, $56,300 at 10% or $112,600 at 20%. The median house needs $272,600 for 20%. Below 20%, expect LMI unless you use the 5% Deposit Scheme or a guarantor.
Can I use the 5% Deposit Scheme in Granville?
The median unit ($563,000) is $937,000 under the $1,500,000 cap. The median house ($1,363,000) is $137,000 under the $1,500,000 cap. You must be a citizen or permanent resident and a first home buyer.
Is it cheaper to rent or buy in Granville?
We can't say without your rate. For scale: a year of median rent on a new lease is $32,760, and 2021 mortgage repayments ran at a median $22,476 a year.
Can I buy in Granville on a 491 visa?
Only once you move to the permanent 191. Until then condition 8579 keeps you in a designated regional area, and postcode 2142 is not one.
Buying in Granville?
Sulav checks your deposit, income and visa against lender policy for a unit around $563,000, in a 60-minute call by phone or video.
Sources
Data last updated . Census figures are for 2021; DCJ figures are quarterly medians.
- ABS QuickStats 2021: Granville (SAL11745)
- ABS Census 2021 tables for SAL11745
- ASGS Edition 3 boundaries
- Rent and Sales Report, sales January to March 2026
- Rent and Sales Report, rents April to June 2026
- Transfer duty rates
- First Home Buyers Assistance Scheme (new or existing home)
- 5% Deposit Scheme price caps
- Regional postcodes (condition 8579)
- Established dwelling ban