Property investors who have had real estate in Woodlands, 6018 should be ok with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.50%
The five-year average increase in median property values for Woodlands,6018 has given property investors a potential capital gain of 9.53% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Woodlands, 6018. Typically our figures indicate that -5.67% is being offered, which puts this WA suburb at 2061th most discounted overall in Australia.
Property investors should expect to get $545 weekly from the median priced house in this suburb.
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