Greenfields suburb profile
Greenfields is a suburb located in the city of Mandurah, Western Australia, known for its family-friendly atmosphere and natural surroundings. Situated approximately 70km south of Perth, it offers a peaceful residential environment with a mix of modern homes and established properties. The suburb is well-serviced by local amenities, including schools, shopping centers, and medical facilities, making it a convenient choice for families. Greenfields is also close to the Serpentine River, providing opportunities for outdoor activities and nature exploration. Its blend of suburban comfort and access to natural beauty makes Greenfields an appealing place to live.
Greenfields property market performance
Greenfields has experienced significant growth in its property market over the past 12 months. House values have surged by 33.7%, with the median house price now at $607,500. Units have seen an even more impressive increase of 40.6%, bringing the median unit price to $210,000. This reflects a strong demand for both property types in the area.
Sales activity has been robust, with 64 houses and 6 units sold over the past 12 months. Properties are moving quickly, with houses spending a median of just 9 days on the market and units 8 days, indicating a highly competitive market.
The rental market in Greenfields has also seen notable increases, with house rents rising by 10% and unit rents by 11.1% over the last 12 months. This suggests a strong demand for rental properties in the suburb.
Median price - houses$601KPast 3 months
Median price - units$210KPast 3 months
Change in value - houses33.3%12 months
Change in value - units37.5%12 months
Houses sold64Past 3 months
Units sold6Past 3 months
Median DOM - houses10Past 12 months
Median DOM - units8.5Past 12 months
Average rent - houses$550Past 12 months
Average rent - units$510Past 12 months
Change in rent - houses10.0%Past 12 months
Change in rent - units13.3%Past 12 months
Greenfields demographics
Greenfields, located in the Mandurah region of Western Australia, is a suburb that offers a serene lifestyle with a strong sense of community. With a population of 9,869 and a median age of 47, it is a suburb that appeals to families and retirees alike. The area is characterized by its spacious homes and green spaces, making it an attractive option for those seeking a quieter, more relaxed environment away from the hustle and bustle of city life.
The suburb's housing market is predominantly owner-occupied, with 35% of properties owned outright and 38.3% owned with a mortgage. This indicates a stable community with long-term residents who have invested in the area. The rental market, comprising 26.7% of properties, provides opportunities for those looking for more flexible living arrangements, although the majority of residents prefer the security of home ownership.
Family dynamics in Greenfields are diverse, with 32% of households being couple families with children and 44.3% being couple families without children. One-parent families make up 21.9% of the community, reflecting a supportive environment for various family structures. The median total household income of $1,004 per week suggests a modest but comfortable living standard, aligning with the suburb's appeal to both working families and retirees seeking affordability and tranquility.
Greenfields infrastructure, key developments and investment opportunities
Greenfields is experiencing significant developments that could impact its property market. The suburb is set to benefit from the $350 million Mandurah Forum redevelopment, which has expanded retail offerings and created new job opportunities in the area. Additionally, the recent completion of the Mandurah Traffic Bridge has improved connectivity to the city center, potentially increasing the suburb's appeal to commuters and families.
The ongoing expansion of the Peel Health Campus, including a new mental health unit and emergency department upgrades, is enhancing local healthcare services. Greenfields' proximity to several schools, including the Frederick Irwin Anglican School, continues to attract families to the area. These developments, combined with the suburb's affordable housing options and access to parks and recreational facilities, are likely to sustain demand for properties in Greenfields.
Greenfields rental market trends
The rental market in Greenfields has experienced notable growth, with house rents increasing 10% over the past year to $550 per week, while unit rents have risen 11.1% to $500 per week. This upward trend reflects strong demand and makes Greenfields an attractive option for both renters and investors seeking promising returns in a developing area.
Suburbs near Greenfields
Some popular suburbs near Greenfields include: