Wooloowin

POSTAL CODE: QLD, 4030
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Based on its average 5-year and quarterly capital gains WOOLOOWIN, 4030 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that WOOLOOWIN, 4030 obtained a 7.59% growth over a ten-year period. It ranks 1522nd on our list of suburbs that property investors should look into.

WOOLOOWIN, 4030 in QLD belongs to the local government area of Brisbane.

WOOLOOWIN, 4030 has a capital gain of -1.5% for the past year, which is lower than average compared to its 73.14% growth within a five-year period.

With the median home price in WOOLOOWIN sitting at $1,515,000, and the average rent at $680, property owners could potentially earn a 2.33% increase in gross rental yield.

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

Surburb overview

Wooloowin, Queensland 4030, is a charming inner-northern suburb approximately 5 kilometres from Brisbane’s central business district (CBD). Known for its leafy streets, heritage Queenslander homes, and community-focused lifestyle, Wooloowin offers a relaxed yet convenient living environment. The suburb has a population of around 3,938, with the predominant age group being 20-29 years.

The real estate market in Wooloowin is strong, with a median house price of $1,410,000 and $601,000 for units. Over the past 12 months, house prices have grown by 15.57%, while unit prices have increased by 30.65%. The rental market is also robust, with median weekly rents of $700 for houses and $500 for units, yielding rental returns of 3.02% for houses and 4.71% for units. Properties in Wooloowin tend to sell quickly, with houses spending an average of 16 days on the market and units around 14 days.

Wooloowin offers a variety of amenities, including easy access to public transportation through the Wooloowin train station and several bus routes. The suburb is home to several green spaces, such as Kalinga Park, which features walking tracks, playgrounds, and sports facilities, making it an ideal location for families and outdoor enthusiasts. Wooloowin’s proximity to major hubs like Lutwyche and Clayfield also ensures residents have access to quality schools, shops, and dining options.

Wooloowin is a desirable suburb for those seeking a balance between a quiet, community-oriented environment and proximity to Brisbane’s inner city. Its ongoing growth and convenient location continue to attract a diverse mix of residents, including professionals, families, and retirees.

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