Greenwood is a mid-sized suburb in Western Australia within the Joondalup local government area (postcode 6024). With a population of 9,861, the suburb has an established demographic with a median age of 40. Households earn a median income of $101K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Greenwood is $790,000, having surged 21.4% over the past year. Units have a median price of $550,000 (+15.2% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,972.
Greenwood is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1048, which is around the national average of 1,000. Public transport access includes 45 bus stops.
From an investment perspective, Greenwood offers a gross rental yield of 4.3%, rated as moderate yield. Property prices are near the state median ($790K/$951K). The price-to-income ratio of 7.8x is considered moderate. House prices have moved +21.4% year-on-year.
Greenwood is a mid-sized suburb in Western Australia within the Joondalup local government area (postcode 6024). With a population of 9,861, the suburb has an established demographic with a median age of 40. Households earn a median income of $101K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Greenwood is $790,000, having surged 21.4% over the past year. Units have a median price of $550,000 (+15.2% YoY). The current median weekly rent is $650. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,972.
Greenwood is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1048, which is around the national average of 1,000. Public transport access includes 45 bus stops.
From an investment perspective, Greenwood offers a gross rental yield of 4.3%, rated as moderate yield. Property prices are near the state median ($790K/$951K). The price-to-income ratio of 7.8x is considered moderate. House prices have moved +21.4% year-on-year.