Property investors who have had real estate in Greenmount, 6056 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -15.07%
A -21.58% growth in median value for property investors in Greenmount,6056 puts this suburb at number 427th in terms of best performing suburbs in WA
Our latest figures would indicate that property sellers in Greenmount are currently offering property investors an average price cut of -7.94% below the asking price at the moment.
On average over the past year, suburb has had 3.75 sales per month, which equates to 45 per year.
With the median price for a house in Greenmount being $401500 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 5.12%