Suburb Profile Report for Woodvale WA (6026)

Woodvale House: Median price $640,000, Annual capital growth 3.80%, Number of sales 111, Weekly median advertised rent $520

Woodvale Unit: Median price $419,500, Annual capital growth N/A, Number of sales 14, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Woodvale is in the bottom 40% in WA when comparing median price capital growth over the last year. Woodvale gave property investors a disappointing capital gain figure when compared to the rest of the state, with -6.57%.

The five-year average increase in median property values for Woodvale,6026 has given property investors a potential capital gain of 8.47% 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 Woodvale, 6026. Typically our figures indicate that -4.73% is being offered, which puts this WA suburb at 2748th most discounted overall in Australia.

On average over the past year, suburb has had 9.25 sales per month, which equates to 111 per year.

Woodvale is 209th on a list of best yielding suburbs for rents in WA with a 4.23% return

If we look at median property appreciation over just the last three months, Woodvale has given property investors a paper return of -2.44%. This puts Suburb as 67 on a list of fastest fasting appreciating suburbs in WA

Our latest figures would indicate that property sellers in Woodvale are currently offering property investors an average price cut of -1.56% below the asking price at the moment.

The WA suburb of Woodvale, 6026 is in the Joondalup local government area.

HOUSE UNIT
$640,000 $419,500
-0.39% -2.44%
-6.57% N/A
3.80% N/A
$520 N/A
111 14
4.23% N/A
62.73 122.3

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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