With a capital gain of 6.60% for the last 12 months, Woodville West, 5011 has performed for property investments than its average annual 2.72% property growth over the last 5 years.
While Woodville West,5011 ranked number 307th in SA for increase in median house value (annualised) increase, it is ranked 234th over the last 5 years.
Advertised rents are around the $410 mark per week – giving a return of 3.77% based on the median price in Suburb
Woodville West, 5011 ranked 117th in SA when comparing growth in median property values or capital gain over the last 12 months. Woodville West is one of 853 in our list for SA
When looking at the potential capital gains offered to property investors over the last 3 years, Woodville West comes in at number 100th in SA.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.50% offered to property buyers. Sellers in Woodville West itself are offering an average vendor discount of -3.57% to real estate investors.
Often selling an investment property can take time, and in Woodville West the average time real estate has been on the market is 91.7333 days.
A $345 per week rent on the median house gives suburb investors a gross yield of circa 5.08%, without taking into account capital value appreciation, which has been averaging out at 1.51%.