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Greenwood
AREA REPORTS

Greenwood

Greenwood - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6024

house

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $525,000

The augmented property values in the suburb are trailing above the territorial average of 7.26% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $420.

Home owners selling their properties and realtors in GREENWOOD usually have to wait an average of 38.6 days days before their assets are lifted off the market.

The WA suburb ranks 239th on the list of best yielding suburbs for rental properties in WA, posting a 4.16% return.

It also places places 84th in Australia based on median property value growth during the quarter.

Data report can be found below

Greenwood
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $525,000 N/A
GROWTH REPORT
Median Quarterly 6.06% N/A
Median 12 month 9.38% N/A
Median 3 years 5% N/A
Median 5 years -5.15% N/A
10 years average annual 0.54% N/A
Weekly media advert. rent $420 N/A
Time on Market 38.6 days N/A
Gross Rental Yield Percent 4.16% N/A
demographics (median values)*
Total Population
13347
Weekly Household Income
1662
Household Size
2.60
Age
40
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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