Thinking about buying in Greenwood? Now could not be a better time, with 4507 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $765,000 with prices in this suburb ranging from $304,000 to $2,030,000. Greenwood is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $389.94 |
| Median Monthly Mortgage | $1970.58 |
| Median Persons Per Bedroom | 0.70 |
| Average Household Size | 2.89 |
| Average Age | 41.39 |
| Average Income | $860.14 |
| Average Cars Per Dwelling | 2.00 |
| Average Properties Within 50M | 9 |
Housing Stock
Average Property Prices
| 1 Bed $727,000 |
| 2 Bed $679,000 |
| 3 Bed $718,000 |
| 4 Bed $854,000 |
| 5 Bed $874,000 |
| 6 Bed+$911,000 |
Greenwood Real Estate Market Outlook
In Greenwood there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Greenwood is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Greenwood changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Greenwood to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Greenwood we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Greenwood a better buying opportunity than it may have been in the past.
Local Schools
West Greenwood Primary School
Greenwood College
Greenwood Primary School
Liwara Catholic Primary School
St Stephen's School
Hawker Park Primary School
Glengarry Primary School
Warwick Senior High School
Marangaroo Primary School
Dalmain Primary School
(While the above schools are located with the suburb of Greenwood there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Greenwood weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 3.5 | 18.4 | 31.4 | 40.0 | 90.2 | 5.3 | 24.3 |
| Feb | 2.4 | 17.6 | 30.4 | 41.2 | 90.2 | 5.2 | 22.3 |
| Mar | 2.8 | 16.4 | 28.1 | 47.4 | 93.5 | 4.6 | 19.5 |
| Apr | 0.7 | 12.0 | 26.5 | 40.0 | 93.9 | 3.9 | 18.1 |
| May | 1.2 | 6.4 | 21.8 | 42.3 | 95.1 | 3.6 | 14.2 |
| Jun | 1.2 | 4.8 | 19.4 | 47.1 | 95.8 | 3.7 | 12.0 |
| Jul | 0.7 | 3.5 | 19.6 | 40.9 | 94.5 | 3.7 | 13.4 |
| Aug | 0.7 | 3.6 | 21.7 | 31.0 | 89.2 | 4 | 16.4 |
| Sept | 0.8 | 7.6 | 24.6 | 31.0 | 91.3 | 4.4 | 20.3 |
| Oct | 1.6 | 11.0 | 27.0 | 32.5 | 89.6 | 4.8 | 24.2 |
| Nov | 1.3 | 14.8 | 29.9 | 32.3 | 89.1 | 5.0 | 27.6 |
| Dec | 2.1 | 17.6 | 31.6 | 34.4 | 88.3 | 5.1 | 25.9 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Oakey - Greater then 10KM
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