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Property investors have seen a -4.33% 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 $287,000
Profits averaged -1.58% per annum over a 3-year period, due to an downward 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 5.8%.
An average of 7.58 real estate transactions take place per month in WOODRIDGE which translates to 91 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $287,000 | $165,000 |
| GROWTH REPORT | ||
| Median Quarterly | -4.33% | -2.94% |
| Median 12 month | -5.9% | -11.65% |
| Median 3 years | -4.73% | -17.71% |
| Median 5 years | 10.38% | -9.34% |
| 10 years average annual | 0.9% | -1.88% |
| Weekly media advert. rent | $320 | $265 |
| Time on Market | 84.7 days | 107.7 days |
| Gross Rental Yield Percent | 5.8% | 8.35% |
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