Property value increases in Woodville North have tracked just higher than the SA average of 3.35% over the last 12 months.
LACK OF BUYER INTEREST may well be the reason that Woodville North is offering property investors an average of -6.51. This rate of discount on properties puts Suburb at number 96th in terms of most discounted suburbs in SA
Using the current median advertised rental of $347.5 and the average annual increase in value of a median property of 6.32%, investors should hope to achieve an overall return of 4.76%
Woodville North is in the bottom 20% in SA when comparing median price capital growth over the last year. Woodville North gave property investors a dismal capital gain figure when compared to the rest of the state, with -10.92%.
When looking at the potential capital gains offered to property investors over the last 3 years, Woodville North comes in at number 149th in SA.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.06% offered to property buyers. Sellers in Woodville North itself are offering an average vendor discount of -4.61% to real estate investors.
Situated 7.72km from the CBD, Woodville North is one of Charles Sturt localities in the postcode 5012.