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Woodvale, WA 6026
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,360,000
market range $1.3M-$1.5M
Median Unit
$625,000
market range $550K-$875K
Gross Yield (houses)
3.6%
1yr Growth (houses)
+19.8%
market range +12.5% to +25.0%
Investment snapshot for Woodvale
Woodvale has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Woodvale market and investor summary
In Woodvale, WA 6026, the median house sells for around $1.4M, on a gross rental yield of 3.6% for houses. House prices have moved +19.8% over the past year and +72.1% over three years. At 1.8% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.6% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.8% and a resident base that is not shrinking.
Living in Woodvale: people, income and schools
About 9,579 people live in Woodvale, a number that has held fairly steady over five years. At a median age of 43, it reads as skewed a little older, and 89% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $122,000 a year (about $2,340 a week). On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 11.2 times local household income, so affordability is a genuine constraint on local buyers.
Families have 54 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Woodvale sits about 19 km from the CBD. It is fairly car-dependent; the suburb scores 40 for walkability and 2 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).
- Population
- 9,579
- +4% over 5yr
- Median age
- 43 years
- Median household income
- $122,000/yr
- Households renting
- 10%
- Family households
- 84%
- Socio-economic rank
- 9/10
- ABS advantage index
- Schools within 5km
- 54
- avg ICSEA 1069
- Unemployment
- 2.0%
- Distance to CBD
- 19 km
- Walk score
- 40/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Woodvale
View all →Frequently asked questions about Woodvale
What should I check before investing in Woodvale?
Woodvale has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +19.8% in the past year shows strong recent price momentum. 3-year capital growth of +72.1% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Woodvale?
The median property price in Woodvale, WA 6026 is $1.4M for houses and $625K for units.
What rental yield does Woodvale show?
The gross rental yield in Woodvale is 3.6% for houses and 3.7% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Woodvale?
House prices in Woodvale are up 19.8% over the past year and up 72.1% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Woodvale?
The current vacancy rate in Woodvale is 1.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Woodvale?
Woodvale has a population of approximately 9,579 residents, with a median age of 43.
What schools are near Woodvale?
There are 54 schools within roughly 5km of Woodvale. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Woodvale affordable to buy in?
A median house in Woodvale costs about 11.2 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Woodvale's population growing?
The population of Woodvale has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Woodvale from the CBD?
Woodvale is about 19 km from the CBD.
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