Investors cautioned as property developers on the ‘hit list’
Property investors who are getting creative with developments and their self-managed superannuation funds should be wary that the regulator...
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.
| 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% |
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