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WA › Greenmount › Greenmount Rise

22 Greenmount Rise, Greenmount WA 6056

For saleHouse

$949,000

For sale

Asking

2

Bedrooms

1

Bathrooms

0

Car spaces

3,784 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $949,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $949,000(Listing record · 23 July 2026)
  • CalculationLand 3,784 m² against a 116 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Greenmount (last 5 years) with land size: median $570/m² of land (n=103). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 8% above the Greenmount median recorded sale ($875,000, n=28, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Greenmount's advertised median rent ($609/wk), implied gross yield would be 3.34% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$949,000

Asking · $251/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Greenmount (last 5 years) with land size have a median of $570/m² of land (n=103). Districts calculation from recorded sales — not a valuation.

Greenmount at a glance

2,859

People

$875,000

Median sale

$609/wk

Median rent

3.62%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Greenmount report →

Vs Greenmount

+8.5%

Median sale

Suburb $875,000

-0.28 pp

Gross yield

Suburb 3.62%

Suburb median $875,000 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$949,000
Stamp Duty (Western Australia)
$39,989
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$992,914

$43,914 on top of the price (4.6% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Greenmount's advertised median rent — not a rent for this listing.

Net yield
1.84%
Annual cashflow (pre-tax)
$-31,915
Interest cover (DSCR)
0.35
Annual rent
$31,668
Operating expenses
$14,235
Loan amount
$759,200
Annual interest
$49,348
Gross yield
3.34%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$949,000available23 July 2026
  2. Soldprice unknown17 Sept 2022
  3. Listedprice unknowncompleted22 Mar 2022
  4. Listedprice unknowncompleted22 Mar 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 3,784 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $609/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 3,784 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Greenmount in one glance

Greenmount at a glance

2,859

People

$875,000

Median sale

$609/wk

Median rent

3.62%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Greenmount report →

Keep researching

  • Why Greenmount? Read the area thesis →
  • What else is on the market in Greenmount →
  • Other records on Greenmount Rise →

Listing material

Listed by Earnshaws Real Estate

Cute As A Button + Clever Investment

If you're chasing charm without the renovation bill, character without the maintenance headaches, and space that feels just right, this is the one to put at the top of your inspection list. Tucked away on a beautiful, generously sized parcel in iconic Greenmount, this beautifully modernised cottage is as versatile as it is adorable. Officially a two bedroom home, but far from ordinary. One bedroom features its own retreat and walk-in robe, while the second is so generously proportioned it includes a separate space perfect for a nursery, study, or dressing room, along with its own walk in robe and direct outdoor access. To top it all off, the property sits on a rare R20 zoned block with future subdivision potential (subject to WAPC approval), making it an outstanding opportunity for first home buyers, downsizers, investors, and anyone who loves having options.

It wont take long to appreciate just how beautifully this home has been transformed. The kitchen, bathroom, and laundry have all been beautifully reimagined, meaning someone else has already tackled the hard work and you can simply move in and enjoy. The kitchen is a standout with stone benchtops, subway tiling, soft close cabinetry, quality appliances, and a central timber island made for everything from busy breakfasts to late night chats. The bathroom is equally impressive, finished with floor to ceiling tiles, a floating vanity, and a luxe rain shower. Throughout the home, original Jarrah floorboards bring warmth and character, while crisp white tones, bold black accents, and oversized picture windows create a fresh, designer feel. Add WiFi enabled LED lighting, reverse cycle air conditioning, and provisions for a future fireplace, and this home blends timeless charm with all the modern comforts.

Features Include:

Read the full description

• Charming, beautifully renovated cottage

• 2 large bedrooms

• Plus dressing room/study/nursery

• 1 modern bathroom

• Spacious lounge room & meals

• Beautiful modern kitchen with stone benchtops, subway tile splashback, double sink with spray tap, multiple soft-close cupboards & drawers & overheads, built-in pantry & central timber island with breakfast seating

• Quality appliances include: large freestanding Westinghouse oven with gas cooktop, stylish rangehood, & Bosch dishwasher

• Bathroom features floor to ceiling tiles, floating vanity with raised basin, LED lit round mirror, glass shower with rain shower head & handheld sprayer, & separate w.c.

• Laundry with stone benchtops, subway tile splashback & sink with spray tap

• Bedroom 1 features stone feature wall & attached dressing room/study/nursery

• Bedroom 2 features retreat & walk-in wardrobe with walk-in robe

• Original Jarrah floorboards & beautiful ceramic tiling

• Painted white, congruent colour scheme, & black accents

• Large, picturesque windows with drapes

• LED downlights (connect to wifi to change colour) & Clipsol iconic light switches

• Reverse-cycle air-conditioning unit, ceiling fan, & provisions to add a fireplace

• Gas instant hot water system

• Covered front porch

• Side bricked courtyard entertaining area with

• Garden shed, raised veggie beds, & chicken coop

• Rendered & painted exterior

• Fenced with side gate access to the rear

• Heaps of further potential to add a granny flat, second dwelling (subject to shire approval & downgrading the size of the cottage), fruit orchard & veggie patches, large workshop & more!

• Zoned R20 with subdivision potential (average of 450m2 blocks subject to WAPC approval)

• Rural setting in convenient location near bus stops, goat track & Heritage Trail

• Beautiful 3,784sqm parcel of land with established trees & freshly mulched garden beds

Can you imagine coming home to a charming white cottage every single day? If you love a good garden party, you'll adore the brick paved courtyard framed by established trees, freshly mulched garden beds, and wide-open spaces that feel more like a rural retreat than suburban living. Yet here, you're only moments from the bus stop, the local favourite Goat Track for mountain biking, and the Heritage Trail for scenic walks. Raise chickens, plant an orchard, grow thriving veggie gardens, build a HUGE workshop, explore the potential for a granny flat or second dwelling, or simply enjoy having more land than you know what to do with. The property already features established veggie beds, a chicken coop, garden shed, rear access, and secure fencing for kids and dogs. Now, it simply needs the right family to fall in love with everything it already is, and everything it could become.

This Greenmount gem shines brightly.

For more information on 22 Greenmount Rise Greenmount or for friendly advice on any of your real estate needs please call Randi Macpherson on 0408 559 247

* Disclaimer: the team at Earnshaws Real Estate has used our best endeavours to ensure the information here is accurate, but prospective purchasers should always make their own enquiries with the relevant authorities to verify the information in this listing. We accept no liability for any errors, omissions or inaccuracies. All boundary lines, measurements and sizes on our images are approximate.

Listing description written by Randi Macpherson, Earnshaws Real Estate — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Study
  • Toilets: 1
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.