Woody Point

POSTAL CODE: QLD, 4019
HOUSE
UNIT

Property investors enjoyed capital gains of 19.53% over the last 12 months in WOODY POINT, translating to lower returns compared with its peers in QLD.

Figures from the previous quarter show that capital gains for real estate buyers in WOODY POINT are low, as opposed to average gains per annum over the past five years.

The suburb posted a 33.29% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $600 based on current median home prices for the suburb.

On average, rents on listings have reached the $600 mark, reflecting a 3.08% increase in returns based on the current median price in WOODY POINT.

WOODY POINT, 4019 ranks 215th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 582nd on the list of best yielding suburbs for rental properties in QLD, posting a 3.08% return.

Surburb overview

Woody Point, Queensland 4019, is a scenic coastal suburb on the southern tip of the Redcliffe Peninsula, approximately 27 kilometres northeast of Brisbane’s central business district (CBD). With a population of 4,548 as of the latest census, the suburb is known for its relaxed atmosphere and waterfront lifestyle. The predominant age group in Woody Point is 50-59 years, and the suburb attracts retirees, professionals, and families looking for a tranquil setting close to the bay.

The property market in Woody Point offers a mix of established homes, modern apartments, and new developments. The median property price is around $800,000 for houses and $648,000 for units, with a growth rate of 7.45% for houses and 11.48% for units over the past 12 months. The suburb has a solid rental market, with a median weekly rent of $570 for houses and $525 for units, providing rental yields of 3.74% and 4.37%, respectively.

Woody Point has various amenities, including local cafes, shops, and parks. The Woody Point Jetty and Bicentennial Park are popular spots for fishing, picnics, and outdoor activities. The area also features the Woody Point Special School and Southern Cross Catholic College, providing educational options for families. With its stunning views of Moreton Bay and laid-back lifestyle, Woody Point remains a highly desirable suburb on the Redcliffe Peninsula.

 

You’re out of free articles for this month
Loading form...