Australia Heads Towards An Apartment Drought
The Property Council is predicting an apartment supply crunch across some of the country’s largest housing markets, wh...
The suburb’s capital gain of 10.34% for the past year is higher than average compared to its 23.08% growth within a five-year period.
This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.
Also in WOODCROFT, the median home price is sitting at $800,000, and the average rent at $480, this suggests property owners could potentially earn a 3.12% increase in gross rental yield.
Property investors have seen a 0% gain in WOODCROFT based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on WOODCROFT, 2767 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 10.34%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.92% growth over a ten-year period. It ranks 1253rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||10.34%||N/A|
|Median 3 years||6.67%||N/A|
|Median 5 years||23.08%||-11%|
|10 years average annual||5.92%||-7.14%|
|Weekly media advert. rent||$480||$530|
|Time on Market||34.7 days||0.0 days|
|Gross Rental Yield Percent||3.12%||4.42%|