5 Ways To Finance Your Renovation
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Property investors have seen a 4.02% gain in WOODVALE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on WOODVALE, 6026 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 16%.
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 $725,000
Profits averaged 7.94% 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 $600 based on current median home prices for the suburb.
The gross rental yield in WOODVALE, 6026 is 4.3%.
An average of 11.75 real estate transactions take place per month in WOODVALE which translates to 141 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||16%||2.86%|
|Median 3 years||23.83%||-16.28%|
|Median 5 years||13.28%||-18%|
|10 years average annual||2.73%||1.55%|
|Weekly media advert. rent||$600||$430|
|Time on Market||19.0 days||0.0 days|
|Gross Rental Yield Percent||4.3%||6.21%|