Woodville is an affordable inner-west suburb undergoing rapid transformation as gentrification spreads west from the CBD along Port Road. Direct train access, proximity to The Queen Elizabeth Hospital, and a large multicultural community offering excellent hospitality and retail options make it an increasingly popular choice for first home buyers and investors. At the current $720k median house price, an 80% loan at 6.25% over 30 years is about $3,547 per month.
| Median house price | $720,000 |
|---|---|
| Median unit price | $442,000 |
| Estimated monthly repayment | $3,547 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 5.8% |
| Gross rental yield | 5.4% |
| Typical days on market | 24 |
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