Menangle Park Could Be The Next South Western Sydney Success Story
For buyers willing to gamble on an early-stage release in an unknown suburb, the rewards might just outweigh the risks. ...
Property investors have seen a -1.68% drop in WOODVILLE SOUTH based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WOODVILLE SOUTH, 5011 saw average growth in the long term.
The SA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $585,000
Profits averaged 3.12% per annum over a 3-year period, due to an upward trend in home prices in WOODVILLE SOUTH, 5011.
This means, real estate investors could earn a rental income of $395 based on current median home prices for the suburb.
The gross rental yield in WOODVILLE SOUTH, 5011 is 3.51%.
An average of 4.25 real estate transactions take place per month in WOODVILLE SOUTH which translates to 51 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.94%||-23.49%|
|Median 3 years||9.35%||-23.03%|
|Median 5 years||27.17%||N/A|
|10 years average annual||3.19%||1.1%|
|Weekly media advert. rent||$395||$320|
|Time on Market||73.0 days||0.0 days|
|Gross Rental Yield Percent||3.51%||5.24%|