Windaroo

POSTAL CODE: QLD, 4207
HOUSE
WINDAROO ranks 580th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 18.11% for the past year is higher than average compared to its 82.39% growth within a five-year period.

Also in WINDAROO, the median home price is sitting at $1,092,500, and the average rent at $840, this suggests property owners could potentially earn a 4% increase in gross rental yield.

Property investors have seen a -0.91% drop in WINDAROO based on a decrease in median home prices for the past three months.

They believe that homeowners and real estate investors betting on WINDAROO, 4207 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 18.11%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 10.37% growth over a ten-year period. It ranks 4328th on our list of suburbs that property investors should look into.

Surburb overview

Windaroo is a residential suburb within the City of Logan, Queensland, approximately 39.5 kilometres south-southeast of Brisbane's central business district. The suburb encompasses an area of roughly 1.9 square kilometres.

As of the 2021 census, Windaroo had a population of 2,771 residents, with a median age of 40, slightly above the national median. The suburb has experienced modest population growth, increasing from 2,715 in 2011 to 2,835 in 2016, reflecting a 4.4% growth. The predominant age group in Windaroo is 10-19. Households primarily comprise couples with children, with a significant proportion of residents employed in trades occupations.

Windaroo offers a range of amenities catering to its residents' needs. The suburb is home to the Windaroo Lakes Golf Club, featuring an 18-hole golf course that opened in 1981. There are also several parks, including Kaiser Drive Park and the Windaroo Memorial Peace Park, which contains the Windaroo Australian Peacekeepers Memorial. There are no schools within Windaroo, but nearby educational facilities include Windaroo State School in Mount Warren Park and Windaroo Valley State High School in Bahrs Scrub.

The property market in Windaroo has shown positive trends. Over the past 12 months, 64 houses were sold, with a median sale price of $885,000, reflecting a 4.1% annual increase. Properties typically remained on the market for an average of 16 days. The median weekly rent is $860, yielding a gross rental yield of 4.2%.

Residents describe Windaroo as a safe and quiet suburb, ideal for families and retirees. The area is noted for its wide streets, decent-sized blocks, and proximity to natural settings, including a golf course and bushland. The community spirit is particularly evident during events like the annual Kaiser Drive Christmas light display.

Windaroo's blend of residential amenities, recreational facilities, and community atmosphere make it a desirable suburb within the Logan City region.

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