Question 1

Is Woodvale a nice place to live?

Accepted Answer

Woodvale is an established, family-focused suburb in Perth’s northern suburbs, with tree-lined streets of brick-and-tile houses alongside pockets of newer townhouses and villas. Local shopping strips, primary schools, active sporting clubs and plenty of parkland, playgrounds and native bush pockets make outdoor recreation and weekend walks easy, while straightforward road and public transport links give access to larger commercial centres and the coast. For people seeking a quiet residential neighbourhood with convenient access to beaches and city facilities, Woodvale is practical and easy to live in.

The community numbers 9,579 people, with a median age of 43 and a typical household income of $2,339 a week, roughly $121,600 a year.

Family households are prominent: about half are couple families with children (49.9%), while couple families without children make up 37.7%, so together they account for roughly 88% of families. One-parent families represent 11.7% and other families 0.8%.

Homes in Woodvale are overwhelmingly owner-occupied: 43.3% are owned outright and 47.0% are owned with a mortgage, a combined 90.3%, while renters make up 9.7%.

Question 2

Is it expensive to live in Woodvale?

Accepted Answer

On the figures, housing in Woodvale sits well above what local households earned at the last Census. A median house price of $1,422,500 is about 11.7 times a typical local annual household income at the last Census, which places buying well above local incomes.

For renters, a house rent of $850 a week would take roughly 36.4% of a typical local household's weekly income at the last Census, a sizeable share of income. Whether that 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 Woodvale a good place to invest?

Accepted Answer

Median values for both houses and units in Woodvale climbed 22.2% over the past 12 months, a strong increase in what properties are worth. Over the same year house rents rose 6.2%, a solid gain in rental income.

Put simply, capital growth was the stronger performer this year while the rent a house earns rose more modestly. If rental income is your priority, the 6.2% house rent rise is the figure to watch; if capital growth matters more, the 22.2% value gains are the headline. Whether that mix fits your goals and circumstances is for you to decide.

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	$1.42M	N/A
Change in value Past 12 months	22.2%	22.2%
Sold Past 3 months	24	N/A
Median days on market Past 12 months	8	N/A
Average rent Past 12 months	$850	N/A
Change in rent Past 12 months	6.3%	N/A

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