Woodlands is in the TOP 20% in WA when comparing median price capital growth over the last year. Woodlands gave property investors a very good capital gain figure when compared to the rest of the state, with 2.14%.
Across a shorter period, Woodlands, 6018 has seen a median price increase of 6.70% over the last quarter.
Woodlands, 6018 is offering WA ‘s 405th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this WA.
At number 1711 in a list of fastest selling suburbs, Woodlands is just in the top half of suburbs in Australia with an average of days on market 77.78 for properties listed there.
Woodlands is one of the most expensive suburbs in Western Australia, with a median house price of $890,000. This could account for the decline in prices over recent years. Nonetheless, Woodlands recorded 4.7% growth over the December 2016 quarter, suggesting that the suburb could be on the rise.Full summary
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Nature hub struggles with high prices
Median house price: $890,000
Three-year growth: -2.20%
Rental yield: 3.10%
Known for naming its streets after trees, the suburb of Woodlands is regarded as one of Perth’s original northern suburbs.
It is also one of the most expensive suburbs in the state, with a median house price of $890,000. This could account for the decline in prices over recent years. Nonetheless, Woodlands recorded 4.7% growth over the December 2016 quarter, suggesting that the suburb could be on the rise.
Due to the high prices, the rental returns earned average only 3.1%. However, those selling benefit from the low discount rates they can offer.
Woodlands, true to its name, emphasises nature through the establishment of many parks and reserves. There is a large open space around Jackadder Lake, which also serves as an outdoor recreation spot. Woodlands’ shopping district, Woodlands Village, is located in the centre of the suburb. There are also two public schools and a village for retiree residents.Close