Woodforde

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $845,200.

Average median unit prices in SA have risen as a whole, pulling WOODFORDE, 5072 values up and netting property investors a capital gain of 46.99% for the past year.

Investors saw the median home price rise to $845,200.

The upward trend in home prices in WOODFORDE, 5072 averaged 17.89% per annum over a 3-year period.

WOODFORDE now ranks at the 65th place on a list of fastest growing suburbs in the territory.

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

Real estate investors could earn a rental income of $640 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In WOODFORDE, homes and units usually stay on listing for an average of 42.2 days.

21 properties were sold in WOODFORDE in 2016, making it the 75th most active market in SA based on total real estate transactions.