With a capital gain of 0.21% for the last 12 months, Woodville West, 5011 has performed for property investments than its average annual 5.27% property growth over the last 5 years.
Over the longer term, Woodville West has seen property prices show investors a 12.38% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Woodville West is offering property investors an average of -6.55. This rate of discount on properties puts Suburb at number 311th in terms of most discounted suburbs in SA
Residents and property investors in Woodville West have been waiting around 88.48 days to sell a property.
Using the current median advertised rental of $382.5 and the average annual increase in value of a median property of 5.27%, investors should hope to achieve an overall return of 4.17%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Woodville West has increased when compared to the 5 year average annual rate.
Woodville West, 5011 is offering SA ‘s 5th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this SA.
In the last year 26 properties changed hands in Woodville West, which puts it as the 79th most active market in SA when comparing the number of sales per suburb.