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1 MIN READ20 Perth Suburbs That Have Already Surpassed Expert Predictions
The REIWA’s earlier forecasts for Perth’s property market are on track to be exceeded, with 20 suburbs recording bet...
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WoodvaleWoodvale - SUBURB PROFILE REPORT
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Property investors have seen a 0.22% gain in WOODVALE based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WOODVALE, 6026 saw average growth in the long term.
The WA 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 $631,375
Profits averaged 0.89% per annum over a 3-year period, due to an upward trend in home prices in WOODVALE, 6026.
This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
The gross rental yield in WOODVALE, 6026 is 4.12%.
An average of 9.58 real estate transactions take place per month in WOODVALE which translates to 115 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $631,375 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.22% | N/A |
| Median 12 month | 1.83% | N/A |
| Median 3 years | 2.66% | N/A |
| Median 5 years | -2.72% | N/A |
| 10 years average annual | 0.43% | N/A |
| Weekly media advert. rent | $500 | N/A |
| Time on Market | 31.8 days | N/A |
| Gross Rental Yield Percent | 4.12% | N/A |
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