Question 1

Is Woodbridge a nice place to live?

Accepted Answer

Woodbridge is a small riverside suburb in Perth’s eastern suburbs, bordering the Swan River and neighbouring Midland and Guildford. Its streets mix early 20th century cottages and weatherboard homes with pockets of newer infill housing, giving an established, lived-in character. Riverside parkland and walking paths are a daily draw, and the community of 1,207 people has a median age of 43. The suburb tends to appeal to families, professionals and long-term locals who value river recreation, green space and easy access to suburban conveniences.

Midland provides shops, services and a transport hub, and the Midland train line serves the area; the new METRONET Midland station nearby provides a large bus interchange and a multi-storey car park close to the suburb. Woodbridge is included in the broader urban renewal work that covers Coal Dam Park and the Woodbridge Lakes neighbourhood delivered by DevelopmentWA, and it is also a site for a state social and affordable build-to-rent HAFF project comprising 56 apartments (44 affordable and 12 social homes). Whether that suits you depends on the sort of riverside, settled suburb you are after.

Question 2

Is it expensive to live in Woodbridge?

Accepted Answer

In Woodbridge, a house renting for $760 a week would take about 45.9% of a typical local household's weekly income as recorded at the last Census, which is a large share of income. If you're renting rather than buying, that rent share is the key figure to bear in mind; whether it feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Woodbridge a good place to invest?

Accepted Answer

House rents in Woodbridge jumped 11.8% over the past year, a strong rise in rental income. Median house values increased 7.5% over the same 12 months, a solid gain in capital value. Put together, the rent a house earns grew faster than house prices this year, so rental income was the stronger performer while capital growth was smaller. Whether that balance suits your goals and circumstances depends on what you are looking for.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	7.5%	N/A
Sold Past 3 months	6	2
Median days on market Past 12 months	26	N/A
Average rent Past 12 months	$760	N/A
Change in rent Past 12 months	11.8%	N/A

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