Investment property in Greenmount has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.03%
Greenmount,6056 has offered an average of 1.03% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Greenmount is offering property investors an average of -8.21. This rate of discount on properties puts Suburb at number 94th in terms of most discounted suburbs in WA
On average over the past year, suburb has had 3.83 sales per month, which equates to 46 per year.
With the median price for a house in Greenmount being $490000 and the advertised rent reaching $392.5 the gross rental yield for property investors calculates out to be 4.17%