Reduction in building construction to fuel Brisbane’s recovery, says expert
Buyer’s agent Melinda Jennison is optimistic about the future of the Brisbane property market, provided that certain growth drivers serve ...
Property investors have seen a 0.85% 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 $595,000
Profits averaged -3.33% per annum over a 3-year period, due to an downward trend in home prices in WOODVALE, 6026.
This means, real estate investors could earn a rental income of $487.5 based on current median home prices for the suburb.
The gross rental yield in WOODVALE, 6026 is 4.26%.
An average of 9.75 real estate transactions take place per month in WOODVALE which translates to 117 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $595,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.85% | N/A |
| Median 12 month | -0.83% | N/A |
| Median 3 years | -9.98% | N/A |
| Median 5 years | -7.32% | N/A |
| 10 years average annual | 0.4% | N/A |
| Weekly media advert. rent | $487.5 | N/A |
| Time on Market | 54.8 days | N/A |
| Gross Rental Yield Percent | 4.26% | N/A |
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