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Woodvale

POSTAL CODE: WA, 6026
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Property investors have seen a 2.17% 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 18.63%.

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 stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,175,000

Profits averaged 17.67% 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 $840 based on current median home prices for the suburb.

The gross rental yield in WOODVALE, 6026 is 3.72%.

An average of 11.25 real estate transactions take place per month in WOODVALE which translates to 135 per annum.

Surburb overview

Woodvale is a peaceful and highly sought-after suburb approximately 20 kilometres north of the Perth central business district (CBD). Known for its family-friendly atmosphere, abundance of parks, and excellent schools, Woodvale offers a relaxed suburban lifestyle with convenient access to the city and Perth’s northern beaches. 

Woodvale has a population of around 9,000 residents. The housing stock consists primarily of large family homes built in the 1980s and 1990s, set on generous blocks with well-maintained gardens.

Public transportation in Woodvale is convenient, with several Transperth bus routes running through the suburb, providing easy connections to surrounding areas and nearby train stations. Woodvale is serviced by Whitfords and Edgewater train stations on the Joondalup Line, which offer a direct route to the Perth CBD and northern suburbs, making commuting straightforward for residents. Woodvale is well-connected by major roads such as Wanneroo Road, Joondalup Drive, and the Mitchell Freeway, offering quick access to the city and coastal areas.

Woodvale offers residents a range of amenities. The suburb has shopping centres, including Woodvale Boulevard Shopping Centre and Woodvale Park Shopping Centre. For more extensive shopping and entertainment options, residents can visit the nearby Westfield Whitford City or Lakeside Joondalup Shopping City, both of which offer a variety of retail stores, dining options, and entertainment facilities, including cinemas.

One of Woodvale’s key attractions is its abundance of parks and green spaces. Yellagonga Regional Park is a large nature reserve centred around Lake Goollelal, providing a scenic and peaceful retreat for residents to enjoy nature. Other local parks, such as Chichester Park and Timberlane Park, provide further options for outdoor activities, playgrounds, and sporting facilities.

Woodvale is well-regarded for its excellent educational facilities, making it particularly attractive to families. The suburb has several highly regarded schools, including Woodvale Primary School, North Woodvale Primary School, and Woodvale Secondary College. These schools contribute to Woodvale’s reputation as a family-friendly suburb focusing on quality education.

Woodvale’s proximity to Perth’s northern beaches is another appealing feature for residents. Beaches such as Mullaloo and Whitfords are just a short drive away, offering relaxation opportunities for swimming, surfing, and beachside. This coastal access, combined with the suburb’s green spaces and family-friendly amenities, provides residents with a well-rounded lifestyle that balances urban convenience with outdoor recreation.

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