2. WA
  3. Joondalup

Greenwood WA 6024

Houses Units

Here you can find what you need to know about Greenwood, WA, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$788K Median Sale Price (National Average $485k) 175th In WA
20.97% Median Sale Price Change (1yr) (National Average 4.30%) 196th In WA
$680pw Median Rent (National Average $395) 159th In WA
4.5% Median Gross Yield (National Average 4.24%) 256th In WA

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Greenwood, WA National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Greenwood, WA National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Greenwood, WA National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Greenwood


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Greenwood, WA 6024

Part of: Joondalup Council No data available

The size of Greenwood is approximately 5.3 square kilometres. It has 25 parks covering nearly 10.7% of total area. The population of Greenwood in 2011 was 9,611 people. By 2016 the population was 9,626 showing a population growth of 0.2% in the area during that time. The predominant age group in Greenwood is 40-49 years. Households in Greenwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Greenwood work in a professional occupation. In 2011, 81.4% of the homes in Greenwood were owner-occupied compared with 82.4% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Greenwood

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Greenwood   for Houses in last 12 months


There have been 180 Houses sold in Greenwood in the past 12 months with a median sale price of $788K, up 21.0% annually. It takes on average 8 days to sell with vendor discounting of -3.4%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Kingsley WA, 6026 13.87% $854,000 $730pw 4.4% View Suburb Profile
Gregory Hills NSW, 2557 5.43% $970,000 $700pw 3.8% View Suburb Profile
Duncraig WA, 6023 15.79% $1,100,000 $780pw 3.7% View Suburb Profile
Safety Beach NSW, 2456 4.35% $900,000 $700pw 4.0% View Suburb Profile
Warwick WA, 6024 22.94% $836,000 $700pw 4.3% View Suburb Profile
Grenfell NSW, 2810 -1.56% $315,000 $300pw 5.0% View Suburb Profile

Currency

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