AREA REPORTS

Woodville West

SA/
Woodville west

Suburb Profile

Woodville West - FREE SUBURB PROFILE REPORT
POSTAL CODE: SA,5011

house
unit

Property investors enjoyed capital gains of 8.79% over the last 12 months in WOODVILLE WEST, translating to lower returns compared with its peers in SA.

Figures from the previous quarter show that capital gains for real estate buyers in WOODVILLE WEST are high, as opposed to average gains per annum over the past five years.

The suburb posted a 5.26% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $385 based on current median home prices for the suburb.

On average, rents on listings have reached the $385 mark, reflecting a 4.04% increase in returns based on the current median price in WOODVILLE WEST.

WOODVILLE WEST, 5011 ranks 94th in SA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 237th on the list of best yielding suburbs for rental properties in SA, posting a 4.04% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $495,000 $360,000
GROWTH REPORT
Median Quarterly 4.54% -2.04%
Median 12 month 8.79% 0.21%
Median 3 years 5.26% -9.98%
Median 5 years 20.73% 18.03%
10 years average annual 2.97% 5.09%
Weekly media advert. rent $385 $335
Time on Market 56.5 days 0.0 days
Gross Rental Yield Percent 4.04% 4.84%
demographics (median values)
Total Population
2911
Weekly Household Income
745.1
Household Size
2.30
demographics
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