Government Extends Home Guarantee Scheme With 40,000 New Places
The dawn of the new financial year has brought with it an expansion of the Home Guarantee Scheme, with the Albanese gove...
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
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 $625,000.
The upward trend in home prices in WOODBRIDGE, 6056 averaged 0.27% per annum over a 3-year period.
Average weekly rents on listings have reached the $490 mark, reflecting a 4.08% increase in returns based on the current median price in WOODBRIDGE.
An average of 2.42 real estate transactions take place per month in WOODBRIDGE which translates to 29 per annum.
29 properties were sold in WOODBRIDGE in 2016, making it the 220th most active market in WA based on total real estate transactions.
WOODBRIDGE, 6056 places 327th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||30.21%||N/A|
|Median 3 years||0.81%||N/A|
|Median 5 years||6.84%||N/A|
|10 years average annual||3.81%||N/A|
|Weekly media advert. rent||$490||N/A|
|Time on Market||80.5 days||N/A|
|Gross Rental Yield Percent||4.08%||N/A|