The suburb’s capital gain of 7.31% for the past year is lower than average compared to its 45.16% growth within a five-year period.
Also in WOODCROFT, the median home price is sitting at $697,500, and the average rent at $500, this suggests property owners could potentially earn a 3.73% increase in gross rental yield.
Property investors have seen a 0.18% 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 7.63% growth over a ten-year period. It ranks 700th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.31%||-7.14%|
|Median 3 years||18.62%||N/A|
|Median 5 years||45.16%||N/A|
|10 years average annual||7.63%||-2.85%|
|Weekly media advert. rent||$500||$450|
|Time on Market||47.6 days||0.0 days|
|Gross Rental Yield Percent||3.73%||3.6%|