Woodlands has had a quite poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -5.32% to date .
If we look at median property appreciation over just the last three months, Woodlands has given property investors a paper return of -4.81%. This puts Suburb as 366 on a list of fastest fasting appreciating suburbs in WA
At number 279th of WA’s most discounted properties, Woodlands is in the TOP 30% of the state/territory when listing in order of most discounted to least.
At number 1429 in a list of fastest selling suburbs, Woodlands is in the TOP 40% of suburbs in Australia with an average of days on market 63.69 for properties listed there.
Woodlands, 6018’s gross rental yield is 2.92%
WA has seen average median house prices change by -5.44% which means that Woodlands, 6018 has not done well for property investors by showing a capital gain of -11.08% over the last year
Woodlands,6018 was ranked 540 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Woodlands is offering property investors an average of -8.85. This rate of discount on properties puts Suburb at number 54th in terms of most discounted suburbs in WA
Woodlands is 57th on a list of best yielding suburbs for rents in WA with a 4.44% return
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