Located in Western Australia within the Joondalup local government area, Woodvale is a moderately sized suburb (postcode 6026). It is home to about 9,579 residents, with an established demographic and a median age of 43. Households earn a median income of $122K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.4% year-on-year at the LGA level. WA employment has moved +1.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. WA also had 24 Commonwealth-backed major projects under construction, 12 underway, and 12 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, technicians & trades. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
The median house price in Woodvale is $1.3 million, having surged by 23.8% over the past year. Units have a median price of $475,000 (-6.9% YoY). The current median weekly rent is $802. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,167.
Woodvale is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1076, which is above the national average of 1,000. Public transport access includes 53 bus stops.
Looking at the investment signals, Woodvale shows a gross rental yield of approximately 3.1%, rated as moderate yield. Property prices are above the state median ($1.3M/$1.0M), placing it in the premium segment. The price-to-income ratio of 10.9x is considered stretched. House prices have moved +23.8% year-on-year. Population growth of +1.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.