SA has seen average median house prices change by 3.22% which means that Woodville North, 5012 has done well for property investors by showing a capital gain of 11.49% over the last year
Over the longer term, Woodville North has seen property prices show investors a 21.32% 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 North is offering property investors an average of -6.34. This rate of discount on properties puts Suburb at number 102th in terms of most discounted suburbs in SA
Renters in Suburb are facing rents around $3960 per annum or $330 every week.
Property value increases in Woodville North have tracked higher than the SA average of 3.99% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Woodville North comes in at number 134th in SA.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.37% offered to property buyers. Sellers in Woodville North itself are offering an average vendor discount of -9.76% to real estate investors.
At number 1068 in a list of fastest selling suburbs, Woodville North is in the bottom 30% of suburbs in Australia with an average of days on market 95.56 for properties listed there.
Property investors should expect to get $292.5 weekly from the median priced house in this suburb.