Thinking about buying in Woodvale? Now could not be a better time, with 4005 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $958,000 with prices in this suburb ranging from $224,000 to $4,192,000. Woodvale is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Woodvale Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Woodvale driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Woodvale ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Woodvale changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Woodvale requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Woodvale

	38 ROSSO MNDR, WOODVALE, WA, 6026				Under Offer
	2B THE RISE, WOODVALE, WA, 6026	3	2	2	UNDER OFFER

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General Points of Interest

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