Over the last year, property investments in Greenwood, 6024 have given investors a capital gain of -2.90%. This compares averagely with the -1.72% for WA as a whole.
The five-year average increase in median property values for Greenwood,6024 has given property investors a potential capital gain of -12.68% across each of those five years.
Greenwood, 6024 is offering WA ‘s 288th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this WA.
Often selling an investment property can take time, and in Greenwood the average time real estate has been on the market is 53.6716 days.
Greenwood, 6024’s gross rental yield is 4.28%
Information supplied by:
Barry Richards
Roy Weston Real Estate
M
(08) 9477 4444
O
0431 000 501
W
http://www.roywestonrealestate.com.au/
E
Richards@iinet.com.au
Greenwood, a suburb located 18 kilometres from Greenwood city center, derived its name from Greenwood Forest, the initial real estate development in the area in 1969. It's also interesting to note that the nature reserves between Greenwood and Duncraig grew to become the Mitchell Freeway constructed during the mid-1980s.
Selling points:
Most sought-after properties: Our median price is $ 470,000. Which is suited for first home buyers and families.
Most common properties:
3x1 double brick smaller properties, some 4x1s also double brick.
Top amenities: The community features many points of interest such as Greenwood Village Shopping Centre, Greenwood Recreation Centre, Frisbee Disc Golf Course and Penistone Park. On the north western corner of the suburb lies another commercial centre, Coolibah Plaza Shopping Centre that is open seven days a week. Transportation systems are served by a railway station and Trans Greenwood buses.
Local industry and business: Just down Wanneroo Rd, is Wangara huge industrial area. Joondalup City under 10kms away.
Recent changes: Recent change to Greenwood will be the new upgraded Greenwood plaza. Some rezoning.
Best streets: The best street in Greenwood is (Hartly Ct) is ranked 1st Best Street. 4 stars
Public transport: The suburb is bounded by Wanneroo Road in the east, Warwick Road in the south, Mitchell Freeway in the west and Hepburn Avenue in the north. Train station near the Greenwood community (Hepburn Train Station).