Located in Western Australia within the Greater Geraldton local government area, Greenough is a sparsely populated locality (postcode 6532). It is home to about 344 residents, with a mature demographic and a median age of 45. Households earn a median income of $98K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.9% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, community & personal service. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are English, Australian, Irish.
The median house price in Greenough is $575,000, having jumped by 21.1% over the past year. The median weekly rent is $350 (Census 2021). This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,717.
Public transport access includes 2 bus stops.
Looking at the investment signals, Gross rental yield sits at around 3.2% (moderate yield). Property prices sit below the state median ($575K/$1.0M), which can point to relative value. The price-to-income ratio of 5.8x is considered affordable. House prices have moved +21.1% year-on-year. Population growth of +0.9% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.