Question 1

Is Greenmount a nice place to live?

Accepted Answer

Greenmount is a compact, hillside suburb centred on Greenmount Hill and its surrounding bushland reserve, with streets rising to rocky outcrops and lookouts that give the area a strong outdoor, bushland character. Housing ranges from older weatherboard and brick cottages to larger family homes on generous blocks, and the community is shaped by families and long-term owners — the suburb has 2,666 residents, a median age of 46 and about 88.5% owner-occupation.

Everyday life leans on nature and simple convenience. Local trails and reserves make walking and informal recreation easy, the Great Eastern Highway gives straightforward road links to Midland and beyond, and the suburb is served by Midland train station, whose new facility includes a bus interchange and multistorey parking used by local bus routes. At a local level there is a co-designed playground upgrade for Fraser Park and an Urban Greening Grant of about $82,953 to increase tree canopy and vegetation nearby. Whether Greenmount suits you comes down to how much you value space, bushland and easy access to transport.

Question 2

Is it expensive to live in Greenmount?

Accepted Answer

Housing in Greenmount, WA sits noticeably above local incomes as recorded at the last Census. A median house price of $860,000 is about 9.9 times a typical local annual household income at the last Census (weekly income $1,669 × 52 = $86,788). Meanwhile a house rent of about $700 a week would take roughly 42% of a typical local household's weekly income at the last Census, which is a large share. For renters the rent share is the most relevant figure; for buyers the price multiple shows buying sits well above what households locally earned at the last Census.

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

The house market in Greenmount has seen a strong uplift over the past year, with median house values up 13.5%. House rents also rose, climbing a solid 7.7% over the same 12 months.

Put simply, capital growth on houses outpaced rental growth this year. If rental income is your priority, the rent figure is the one to focus on; if price appreciation matters more, look to the house value change. Whether that pattern fits your investment goals depends on your own circumstances.

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	$860K	N/A
Change in value Past 12 months	13.5%	N/A
Sold Past 3 months	11	N/A
Median days on market Past 12 months	8	N/A
Average rent Past 12 months	$700	N/A
Change in rent Past 12 months	7.7%	N/A

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