Investment property in Woodville South has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.58%
When looking at the potential capital gains offered to property investors over the last 3 years, Woodville South comes in at number 100th in SA.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.57% offered to property buyers. Sellers in Woodville South itself are offering an average vendor discount of -6.18% to real estate investors.
Situated 6.64km from the CBD, Woodville South is one of Charles Sturt localities in the postcode 5011.
At number 708th in the list of Australian suburbs ordered by increase in median house value over the last year, Woodville South, 5011 is in the top half with a property value increase of 4.83% recorded in median house prices.
Over the longer term, Woodville South has seen property prices show investors a 19.92% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Woodville South is giving property investors an average Vendor Discount of around -8.74%. This puts suburb at number 15th in SA when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Woodville South the average time real estate has been on the market is 88.09 days.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 4.34%, without taking into account capital value appreciation, which has been averaging out at 7.59%.