Woodvale is a mid-sized suburb in Western Australia within the Joondalup local government area (postcode 6026). With a population of 9,579, the suburb has an established demographic with a median age of 43. Households earn a median income of $122K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Woodvale is $883,000, having surged 14.7% over the past year. Units have a median price of $475,000 (-6.9% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $2,167.
Woodvale is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1076, which is above the national average of 1,000. Public transport access includes 53 bus stops.
From an investment perspective, Woodvale offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($883K/$951K). The price-to-income ratio of 7.3x is considered moderate. House prices have moved +14.7% year-on-year.
Woodvale is a mid-sized suburb in Western Australia within the Joondalup local government area (postcode 6026). With a population of 9,579, the suburb has an established demographic with a median age of 43. Households earn a median income of $122K per year, with an average household size of 2.8 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Woodvale is $883,000, having surged 14.7% over the past year. Units have a median price of $475,000 (-6.9% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $2,167.
Woodvale is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1076, which is above the national average of 1,000. Public transport access includes 53 bus stops.
From an investment perspective, Woodvale offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($883K/$951K). The price-to-income ratio of 7.3x is considered moderate. House prices have moved +14.7% year-on-year.