Suburb Profile Report for Woodvale WA (6026)

Woodvale House: Median price $640,000, Annual capital growth 3.67%, Number of sales 116, Weekly median advertised rent $523

Woodvale Unit: Median price $420,000, Annual capital growth N/A, Number of sales 15, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Woodvale have tracked just lower than the WA average of -5.25% over the last 12 months.

Taking the average capital gain, or increase in median house value, Woodvale,6026 has racked up an average of -6.40% over the period. This ranks it number 3329th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Woodvale is offering property investors an average of -8.22. This rate of discount on properties puts Suburb at number 416th in terms of most discounted suburbs in WA

In the last year 116 properties changed hands in Woodvale, which puts it as the 86th most active market in WA when comparing the number of sales per suburb.

Situated 19.07km from the CBD, Woodvale is one of Joondalup localities in the postcode 6026.

Property investors looking for a bargain in Woodvale should be aiming for at least -1.99% off the asking price, which is the average vendor discount being achieved at the moment.

HOUSE UNIT
$640,000 $420,000
0.00% -1.18%
-6.40% N/A
3.67% N/A
$523 N/A
116 15
4.25% N/A
64.37 143.54

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 9202
Median household income ($/weekly) 1996
Median age of persons 41
Median housing loan repayment ($/monthly) 1950
Average household size 3
  • Census Count Percent(%)
    5-14 years 1339 14.6
    15-19 years 963 10.5
    35-44 years 1161 12.6
    45-54 years 1908 20.7
    55-64 years 1247 13.6
    Others 2584 28.1
    Age Group
    Census Count Percent(%)
    Registered Married 4134 59.0
    Not Married 2528 36.1
    Defacto Relationship 342 4.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5684 63.7
    Papua New Guinea 189 2.1
    South Africa 247 2.8
    United Kingdom 1895 21.2
    Other 297 3.3
    Others 617 6.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 102 1.2
    Christianity 6171 71.2
    Hinduism 59 0.7
    Other Religious Groups 50 0.6
    No Religion 2243 25.9
    Others 48 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 176 6.7
    $1,500-$1,999 319 12.1
    $2,000-$2,499 334 12.7
    $2,500-$2,999 401 15.2
    $3,000-$3,499 272 10.3
    Others 1132 43.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3007 41.5
    Employed, worked part-time 1936 26.7
    Not in the labour force 1829 25.2
    Employed, away from work 307 4.2
    Unemployed, looking for work 168 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 630 12.0
    Professionals 1112 21.2
    Technicians & trades workers 833 15.9
    Clerical & administrative workers 922 17.6
    Sales 606 11.6
    Others 1143 21.8
    Occupation
    Census Count Percent(%)
    Pre-school 90 3.5
    Infants/Primary 891 35.0
    Secondary 784 30.8
    Technical or Further Educational Institution 216 8.5
    University or other Tertiary Institutions 532 20.9
    Others 35 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8519 96.2
    Semi-detached, row or terrace house, townhouse 186 2.1
    Flat, unit or apartment 147 1.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1491 49.9
    Fully owned 1180 39.5
    Rented 303 10.1
    Other tenure type 13 0.4
    Tenure Type
Census 2011, ABS
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