AREA REPORTS

Woodridge

 

 

QLD/
Woodridge

Suburb Profile

Woodridge - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4114

house
unit

Property investors have seen a -1.64% drop in WOODRIDGE based on a decrease 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 $300,000

Profits averaged 0.88% 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 5.55%.

An average of 7.58 real estate transactions take place per month in WOODRIDGE which translates to 91 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $300,000 $181,000
GROWTH REPORT
Median Quarterly -1.64% -3.08%
Median 12 month -3.23% -9.95%
Median 3 years 2.65% -6.22%
Median 5 years 27.39% 2.26%
10 years average annual 1.43% -1.24%
Weekly media advert. rent $320 $265
Time on Market 64.4 days 98.2 days
Gross Rental Yield Percent 5.55% 7.61%
demographics (median values)
Total Population
11901
Weekly Household Income
680.5
Household Size
2.50
demographics
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