With a capital gain of 5.17% for the last 12 months, Woodville West, 5011 has performed for property investments than its average annual 4.57% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Woodville West,5011 has racked up an average of 5.17% over the period. This ranks it number 2409th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -5.24% to buyers in Woodville West at the moment, which is less than average for the rest of SA.
At number 1923 in a list of fastest selling suburbs, Woodville West is just in the bottom half of suburbs in Australia with an average of days on market 81.06 for properties listed there.
Advertised rents are around the $397.5 mark per week – giving a return of 4.32% based on the median price in Suburb
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.
The most recent median price for Woodville West is $359250, with sellers offering an average of -10.76% off the asking price.