Suburb Profile Report for Greenfields WA (6210)

Greenfields House: Median price $275,000, Annual capital growth -0.73%, Number of sales 124, Weekly median advertised rent $300

Greenfields Unit: Median price $235,000, Annual capital growth 28.44%, Number of sales 21, Weekly median advertised rent $270

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Greenfields has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.77%

When looking at the potential capital gains offered to property investors over the last 3 years, Greenfields comes in at number 316th in WA.

At number 143th of WA’s most discounted properties, Greenfields is in the bottom 40% of the state/territory when listing in order of most discounted to least.

Property investors should expect to get $300 weekly from the median priced house in this suburb.

If we look at median property appreciation over just the last three months, Greenfields has given property investors a paper return of -4.08%. This puts Suburb as 80 on a list of fastest fasting appreciating suburbs in WA

At number 30th of WA’s most discounted properties, Greenfields is in the middle of the state/territory when listing in order of most discounted to least.

On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.

A $270 per week rent on the median house gives suburb investors a gross yield of circa 5.97%, without taking into account capital value appreciation, which has been averaging out at 28.44%.

Metrics i HOUSE UNIT
$275,000 $235,000
-0.72% -4.08%
3.77% N/A
-0.73% 28.44%
$300 $270
124 21
5.67% 5.97%
91.625 140.333333333333

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 9939
Median household income ($/weekly) 842
Median age of persons 41
Median housing loan repayment ($/monthly) 1609
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1274 12.8
    25-34 years 1089 11.0
    35-44 years 1101 11.1
    45-54 years 1175 11.8
    65-74 years 1175 11.8
    Others 4126 41.5
    Age Group
    Census Count Percent(%)
    Registered Married 3351 47.3
    Not Married 2881 40.7
    Defacto Relationship 854 12.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 7196 77.0
    Papua New Guinea 338 3.6
    Philippines 98 1.0
    United Kingdom 1112 11.9
    Other 183 2.0
    Others 419 4.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 76 0.9
    Christianity 5991 67.9
    Islam 13 0.1
    Other Religious Groups 67 0.8
    No Religion 2670 30.2
    Others 11 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 304 9.3
    $400-$599 625 19.1
    $600-$799 414 12.6
    $800-$999 320 9.8
    $1,500-$1,999 367 11.2
    Others 1245 38.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3645 48.4
    Employed, worked full-time 2071 27.5
    Employed, worked part-time 1204 16.0
    Employed, away from work 305 4.1
    Unemployed, looking for work 303 4.0
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 765 21.4
    Community & personal service workers 426 11.9
    Sales 384 10.7
    Machinery operators & drivers 467 13.0
    Labourers 537 15.0
    Others 1000 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 139 7.2
    Infants/Primary 833 43.1
    Secondary 529 27.4
    Technical or Further Educational Institution 194 10.0
    University or other Tertiary Institutions 175 9.1
    Others 61 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7860 85.9
    Semi-detached, row or terrace house, townhouse 663 7.2
    Flat, unit or apartment 617 6.7
    House or flat attached to a shop, office 8 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1289 35.2
    Fully owned 1042 28.4
    Rented 991 27.0
    Other tenure type 342 9.3
    Tenure Type
Census 2011, ABS
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