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Greenfields, WA 6210

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

High Yield SuburbTight Rental MarketStrong Growth

Median House

$835,000

list-price estimate

Median Unit

$650,000

list-price estimate

Gross Yield (houses)

4.5%

1yr Growth (houses)

+17.3%

market range +10.0% to +22.5%

Investment snapshot for Greenfields

Greenfields has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Greenfields market and investor summary

In Greenfields, WA 6210, houses show a gross rental yield of 4.5%. House prices have moved +17.3% over the past year. At 1.8% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.5% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.8% and a resident base that is not shrinking.

Living in Greenfields: people, income and schools

Greenfields has a resident population of roughly 9,869, and the area has been growing steadily, up about 16% over five years. At a median age of 47, it reads as skewed a little older, and families account for 64% of households.

The typical household income runs to around $52,000 a year (about $1,000 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Locally, around 33% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

Families have 19 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Greenfields sits about 64 km from the CBD. It is fairly car-dependent; the suburb scores 30 for walkability and 4 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.

Population
9,869
+16% over 5yr
Median age
47 years
Median household income
$52,000/yr
Households renting
23%
Family households
64%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
19
avg ICSEA 1001
Unemployment
3.3%
Distance to CBD
64 km
Walk score
30/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Greenfields

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Frequently asked questions about Greenfields

What should I check before investing in Greenfields?

Greenfields has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.2%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +17.3% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What rental yield does Greenfields show?

The gross rental yield in Greenfields is 4.5% for houses and 5.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Greenfields?

House prices in Greenfields are up 17.3% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Greenfields?

The current vacancy rate in Greenfields is 1.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Greenfields?

Greenfields has a population of approximately 9,869 residents, with a median age of 47.

What schools are near Greenfields?

There are 19 schools within roughly 5km of Greenfields. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Greenfields's population growing?

The population of Greenfields has grown about 16% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Greenfields from the CBD?

Greenfields is about 64 km from the CBD.

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