The 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 $650,000.
The upward trend in home prices in WOODBRIDGE, 6056 averaged 2.71% per annum over a 3-year period.
Average weekly rents on listings have reached the $310 mark, reflecting a 2.48% increase in returns based on the current median price in WOODBRIDGE.
An average of 1.42 real estate transactions take place per month in WOODBRIDGE which translates to 17 per annum.
17 properties were sold in WOODBRIDGE in 2016, making it the 293rd most active market in WA based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4%||N/A|
|Median 3 years||8.13%||N/A|
|Median 5 years||44.44%||N/A|
|10 years average annual||3.78%||N/A|
|Weekly media advert. rent||$310||N/A|
|Time on Market||115.3 days||N/A|
|Gross Rental Yield Percent||2.48%||N/A|