The suburb’s capital gain of 7.12% for the past year is lower than average compared to its 40.66% growth within a five-year period.
Also in WOODCROFT, the median home price is sitting at $696,250, and the average rent at $490, this suggests property owners could potentially earn a 3.66% increase in gross rental yield.
Property investors have seen a 5.17% gain in WOODCROFT based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.61% growth over a ten-year period. It ranks 674th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.12%||-7.14%|
|Median 3 years||24.05%||N/A|
|Median 5 years||40.66%||N/A|
|10 years average annual||7.61%||-7.14%|
|Weekly media advert. rent||$490||$420|
|Time on Market||58.0 days||0.0 days|
|Gross Rental Yield Percent||3.66%||3.36%|