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Suburb Insights · WA 6056

Greenmount, WA 6056 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Greenmount is a well-established middle-ring suburb of Perth, Australia, with a population of approximately 2,666, making it a boutique locality. Located approximately 19 km from the Perth CBD, Greenmount is a middle ring area in Western Australia. The median household income is $86,788 per year.

Investment Score

52 / 100 Moderate

Household incomes in Greenmount sit in a comfortable mid-range for the Western Australia market.

Location

Perth
Greenmount
Western Australia · 6056
19 km from Perth CBD
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Key Indicators

Postcode
6056

Official Australia Post postcode for Greenmount. A postcode may cover multiple suburbs.

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Population
2,666

Usual resident population at the most recent census.

Median weekly rent
$345/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$86,788/yr

Annual median household income (before tax) across all households.

Distance to CBD
19 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,800/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
87% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Greenmount

Who Greenmount Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersEntry costs sit at or below the Western Australia median.
💼ProfessionalsLonger commute to the CBD.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Mortgage costs are lower than the Western Australia median, improving cash-flow margins.
  • Established infrastructure and existing community base.

Cons

  • Transport options are limited — car dependency is likely.
  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.

Investment Insight

Greenmount is a smaller community of 2,666 — about 48% of the Western Australia suburb median (5,605) — so investors should factor in the narrower buyer pool and longer average time-on-market. Household income of $86,788/year is 13% below the Western Australia median of $99,736, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Rent of $345/week (83% coverage of the $1,800/month median mortgage) leaves a gap of roughly $305/month that a typical investor bridges with negative gearing, depreciation and capital growth. 19 km from Perth places Greenmount in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.

Investment Tip

Middle-ring locations like this one historically reward patient holders — focus on homes near catchment-zone schools and major transport. Local rents consume roughly 21% of household income — a useful sanity check on tenant affordability.

Greenmount vs Western Australia Median

How Greenmount stacks up against the median of all Western Australia suburbs in our dataset. Positive values mean Greenmount sits above the state median; negative means below.

MetricGreenmountWA medianΔ vs state
Population2,6665,605-52%
Median household income$86,788/yr$99,736/yr-13%
Median rent (weekly)$345$350-1%
Median mortgage (monthly)$1,800$1,902-5%
Distance to CBD19 km20 km-5%
Separate houses87%79%+8pp

Investor Checklist

Pre-inspection briefing for Greenmount — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 2,666 means liquidity is thin and capital growth tends to lag the wider Western Australia market over full cycles.

⚠️
Rental Yield

Moderate rental coverage: rent of $345/week covers 83% of a $1,800/month mortgage, leaving a $305/month gap that an investor bridges with equity, depreciation and tax benefits.

⚠️
Renovation / Flip

With 87% houses in a 2,666-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Greenmount property

Full Property Analysis

30-year projections for Greenmount

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Moderate

Capital-growth expectations for Greenmount are modest for 2026 — incomes 13% below the WA median of $99,736 and a population of 2,666 suggest gains will lag headline metro markets. Rental coverage runs at ~83% of the typical mortgage ($1,495/month rent vs $1,800/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 52/100 places Greenmount in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Greenmount a good suburb for investment?

Greenmount scores 52/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 2,666, median household income of $86,788/year and median weekly rent of $345. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Greenmount?

The main demand drivers in Greenmount are proximity to Perth (19 km), a median household income of $86,788/year, a dwelling mix that is 87% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Greenmount?

Greenmount has a usual resident population of approximately 2,666, compared with a Western Australia suburb median of 5,605 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Greenmount from the Perth CBD?

Greenmount sits 19 km straight-line from the Perth CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.

What is the median rent in Greenmount?

The most recent census recorded a median weekly rent of $345 in Greenmount, equating to approximately $17,940/year in gross rental income (state median $350/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Greenmount?

The median monthly mortgage repayment in Greenmount is $1,800, or approximately $21,600/year (vs $1,902/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Greenmount cash-flow positive for investors?

A median weekly rent of $345 works out to $1,495/month, covering 83% of the median mortgage repayment of $1,800/month. That leaves a $305/month shortfall (around $3,660/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Greenmount?

The main risks are a thin buyer pool (2,666 residents), interest-rate sensitivity on the $1,800 median mortgage, the broader Western Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Greenmount profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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Western Australia Property Resources