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Greenmount, WA 6056
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$880,000
market range $825K-$1M
Median Unit
$600,000
list-price estimate
Gross Yield (houses)
4.1%
1yr Growth (houses)
+15.7%
market range +7.5% to +25.0%
Investment snapshot for Greenmount
Greenmount has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Greenmount market and investor summary
In Greenmount, WA 6056, the median house sells for around $880K, on a gross rental yield of 4.1% for houses. House prices have moved +15.7% over the past year. At 2.4% vacancy, it is a broadly balanced rental market.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.1% is neither a standout cashflow play nor a pure growth bet.
Living in Greenmount: people, income and schools
Greenmount has a resident population of roughly 2,666, and the area has been growing steadily, up about 12% over five years. At a median age of 46, it reads as skewed a little older, and 86% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $87,000 a year (about $1,670 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 10.1 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 12% over five years, which tends to underpin what local buyers can pay.
Families have 21 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Greenmount sits about 19 km from the CBD. It is fairly car-dependent; the suburb scores 31 for walkability and 3 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 2,666
- +12% over 5yr
- Median age
- 46 years
- Median household income
- $87,000/yr
- Households renting
- 11%
- Family households
- 75%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 21
- avg ICSEA 988
- Unemployment
- 5.7%
- Distance to CBD
- 19 km
- Walk score
- 31/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Greenmount
View all →Frequently asked questions about Greenmount
What should I check before investing in Greenmount?
Greenmount has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 5.0% gives a usable rent-to-price starting point. Capital growth of +15.7% 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 are typical property prices in Greenmount?
The median property price in Greenmount, WA 6056 is $880K for houses.
What rental yield does Greenmount show?
The gross rental yield in Greenmount is 4.1% for houses and 5.0% 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 Greenmount?
House prices in Greenmount are up 15.7% 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 Greenmount?
The current vacancy rate in Greenmount is 2.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Greenmount?
Greenmount has a population of approximately 2,666 residents, with a median age of 46.
What schools are near Greenmount?
There are 21 schools within roughly 5km of Greenmount. 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 Greenmount affordable to buy in?
A median house in Greenmount costs about 10.1 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Greenmount's population growing?
The population of Greenmount has grown about 12% 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 Greenmount from the CBD?
Greenmount is about 19 km from the CBD.
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