Question 1

Is Greenmount a nice place to live?

Accepted Answer

Greenmount is a semi-rural suburb in the Mackay region where small farms and acreage blocks sit alongside pockets of low-density housing.

Residents tend to have incomes above the Queensland median and many households own their homes outright, with couples without children making up 48.2% of families. People use Mackay for major shops, schools and health services, local roads link to regional transport routes and the coast, and outdoor life is a steady feature with room for hobby farming, riding and backyard gardening and easy access to coastal and hinterland recreation beyond the suburb.

Question 2

Is it expensive to live in Greenmount?

Accepted Answer

There haven't been enough recent property sales or rentals in Greenmount to publish reliable house or unit prices or rents. The only figure available is the median household income, which was $2,299 a week at the most recent Census, so it's not possible to describe how expensive living in Greenmount is compared with local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Greenmount a good place to invest?

Accepted Answer

Greenmount hasn't had enough recent sales to put reliable figures on how its house or unit values and rents have changed. Without that, there isn't a clear picture of how it has performed as an investment.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	4	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

	Suburb	QLD
Median age years	39	38
Median household income weekly	$2,299	$1,675
Couples with children share of families	45.4%	41.2%
Couples without children share of families	48.2%	40.3%
One-parent families share of families	6.4%	16.8%
Homes owned outright share of homes	44.9%	30.1%
Homes with a mortgage share of homes	39.2%	35.6%
Homes rented share of homes	15.8%	34.3%

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