If you compare the increase in value of investment property in Woodvale, 6026 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this WA suburb was -3.02%.
When looking at the potential capital gains offered to property investors over the last 3 years, Woodvale comes in at number 145th in WA.
LACK OF BUYER INTEREST may well be the reason that Woodvale is offering property investors an average of -8.21. This rate of discount on properties puts Suburb at number 412th in terms of most discounted suburbs in WA
In the last year 121 properties changed hands in Woodvale, which puts it as the 76th most active market in WA when comparing the number of sales per suburb.
The WA suburb of Woodvale, 6026 is in the Joondalup local government area.
Woodvale is in the TOP 20% in WA when comparing median price capital growth over the last year. Woodvale gave property investors a very good capital gain figure when compared to the rest of the state, with 4.52%.
The five-year average increase in median property values for Woodvale,6026 has given property investors a potential capital gain of 11.14% across each of those five years.
Situated 18.19km from the CBD, Woodvale is one of Joondalup localities in the postcode 6026.