
Perth’s luxury property growth ranked highest in Australia
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Property investors have seen a 4.13% 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 $630,000
Profits averaged 0.81% 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 $490 based on current median home prices for the suburb.
The gross rental yield in WOODVALE, 6026 is 4.04%.
An average of 8.92 real estate transactions take place per month in WOODVALE which translates to 107 per annum.
KEY PROPERTY DATA REPORT | HOUSE | UNIT |
---|---|---|
Median Price | $630,000 | $350,000 |
GROWTH REPORT | ||
Median Quarterly | 4.13% | -1.41% |
Median 12 month | 4.91% | N/A |
Median 3 years | 2.44% | N/A |
Median 5 years | -5.97% | -16.67% |
10 years average annual | 0.45% | 3.77% |
Weekly media advert. rent | $490 | N/A |
Time on Market | 38.6 days | 0.0 days |
Gross Rental Yield Percent | 4.04% | N/A |
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