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1 MIN READDeceptive Marketing Disputes Rise In Hot Qld Market
A booming property market in South-East Queensland has brought with it a rising number of legal disputes over how proper...
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Property investors have seen a 7.61% gain in WOODRIDGE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on WOODRIDGE, 4114 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 20.69%.
Based on its average 5-year and quarterly capital gains WOODRIDGE, 4114 saw average growth in the long term.
The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $350,000
Profits averaged 5.78% per annum over a 3-year period, due to an upward trend in home prices in WOODRIDGE, 4114.
This means, real estate investors could earn a rental income of $345 based on current median home prices for the suburb.
The gross rental yield in WOODRIDGE, 4114 is 5.13%.
An average of 21.5 real estate transactions take place per month in WOODRIDGE which translates to 258 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $350,000 | $190,000 |
| GROWTH REPORT | ||
| Median Quarterly | 7.61% | 2.7% |
| Median 12 month | 20.69% | 13.6% |
| Median 3 years | 17.35% | 5.26% |
| Median 5 years | 16.67% | -8.65% |
| 10 years average annual | 3.86% | 0.19% |
| Weekly media advert. rent | $345 | $270 |
| Time on Market | 37.9 days | 61.2 days |
| Gross Rental Yield Percent | 5.13% | 7.39% |
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