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Woodforde
AREA REPORTS

Woodforde

Woodforde - SUBURB PROFILE REPORT
POSTAL CODE: SA, 5072

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The 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 $842,500.

The upward trend in home prices in WOODFORDE, 5072 averaged 2.11% per annum over a 3-year period.

Average weekly rents on listings have reached the $450 mark, reflecting a 2.78% increase in returns based on the current median price in WOODFORDE.

An average of 1.33 real estate transactions take place per month in WOODFORDE which translates to 16 per annum.

16 properties were sold in WOODFORDE in 2016, making it the 399th most active market in SA based on total real estate transactions.

WOODFORDE, 5072 places 163rd in Australia based on median property value growth during the quarter.

Data report can be found below

Woodforde
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $842,500 $430,000
GROWTH REPORT
Median Quarterly 8.01% 21.64%
Median 12 month N/A 3.64%
Median 3 years 6.33% N/A
Median 5 years N/A N/A
10 years average annual -13.77% 3.64%
Weekly media advert. rent $450 $490
Time on Market 0.0 days 0.0 days
Gross Rental Yield Percent 2.78% 5.93%
demographics (median values)*
Total Population
12666
Weekly Household Income
1394
Household Size
2.50
Age
41
Monthly Loan Repayment
1806
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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