Woodridge

POSTAL CODE: QLD, 4114
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Property investors have seen a 7.07% 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 23.54%.

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 $803,000

Profits averaged 26% 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 $565 based on current median home prices for the suburb.

The gross rental yield in WOODRIDGE, 4114 is 3.66%.

An average of 11.33 real estate transactions take place per month in WOODRIDGE which translates to 136 per annum.

Surburb overview

Woodridge is a Logan, Queensland, Australia suburb approximately 22 kilometres south of Brisbane's central business district. 

According to the 2021 census, Woodridge had 12,982 residents, with a median age of 33, below the national median of 38. The suburb is culturally diverse, with 49.9% of residents born in Australia. Other common countries of birth include New Zealand (6.9%), Myanmar (3.9%), Afghanistan (2.2%), England (1.7%), and Samoa (1.7%). 

Woodridge hosts several educational institutions. Woodridge State School is a government primary school (Prep-6) located at 113-131 Wembley Road. In 2018, it had 751 students and offered special education and intensive English language programs.
Woodridge State High School is a government secondary school (7-12) on Wembley Road. In 2018, it had 1,327 students enrolled and includes a special education program. Logan City Special School, located at 133 Wembley Road, provides primary and secondary education for students with special needs. In 2018, the school had 171 students enrolled.

The suburb is well-serviced by public transport. The Woodridge railway station provides access to Brisbane and surrounding areas, and several bus routes also operate through it, enhancing connectivity for residents.

Woodridge offers various amenities, including parks, shopping centres, and community facilities. Its proximity to Logan Central provides residents access to additional services and recreational options.

As of recent reports, Woodridge has experienced significant growth in property values. The median house price is approximately $620,000, reflecting a compound growth rate of 23.7% for houses and 43.9% for units. Rental yields for houses are around 4.4%, with a median rent of $520 per week. 

Woodridge's cultural diversity, educational facilities, and accessibility contribute to its appeal as a residential suburb within the City of Logan. The area's recent property market growth indicates increasing interest from homebuyers and investors.

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