Property investors have seen a 1.67% gain in WOODRIDGE based on an increase in median home prices for the past three months.
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 $305,000
Profits averaged 5.92% 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 $320 based on current median home prices for the suburb.
The gross rental yield in WOODRIDGE, 4114 is 5.46%.
An average of 13.25 real estate transactions take place per month in WOODRIDGE which translates to 159 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.24%||0.62%|
|Median 3 years||17.76%||11.43%|
|Median 5 years||29.24%||12.36%|
|10 years average annual||2.96%||2.15%|
|Weekly media advert. rent||$320||$265|
|Time on Market||66.2 days||100.1 days|
|Gross Rental Yield Percent||5.46%||6.81%|