NSW has seen average median house prices change by 8.99% which means that Woodford, 2778 has done well for property investors by showing a capital gain of 18.89% over the last year
Woodford,2778 was ranked 1397 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Woodford should be aiming for at least -3.98% off the asking price, which is the average vendor discount being achieved at the moment.
At number 845 in a list of fastest selling suburbs, Woodford is in the TOP 30% of suburbs in Australia with an average of days on market 56.03 for properties listed there.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 3.79%, without taking into account capital value appreciation, which has been averaging out at 4.86%.