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Woodend

POSTAL CODE: QLD, 4305
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WOODEND, 4305 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling WOODEND, 4305 values up and netting property investors a capital gain of 27.06% for the past year.

Investors saw the median home price rise to $810,000.

Profits due to an upward trend in home prices in the suburb averaged 18.99% per annum over a 3-year period.

WOODEND now ranks at the 190th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in WOODEND are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $550 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In WOODEND, homes and units usually stay on listing for an average of 34 days.

In 2016, 31 properties were sold in WOODEND during the past year, making it the 416th most active market in QLD based on total real estate transactions.

Surburb overview

Woodend, situated within the City of Ipswich, Queensland, is approximately 1.6 kilometres northwest of the Ipswich Central Business District and about 45.2 kilometres southwest of Brisbane's Central Business District.

According to the 2021 Census, Woodend had a population of 1,483 residents. The suburb is characterised by its historical significance and residential heritage, with a mix of housing styles reflecting its development over time.

Public transportation in Woodend is accessible, with the nearest train station, Thomas Street Station, located approximately 18 minutes away on foot.  Bus services operate in the area, providing connections to surrounding suburbs and the Ipswich central business district (CBD).

Essential establishments in Woodend include several educational institutions. Ipswich Grammar School, established in 1863, is Queensland's first grammar school and offers education from Prep to Year 12.  St Mary's Primary School, St Edmund's College, and St Mary's College provide primary and secondary education within the suburb.  Healthcare services are accessible in the nearby Ipswich CBD, with Ipswich Hospital serving the region.

A variety of parks and facilities support recreational activities in Woodend. Woodend Park offers sports fields suitable for rugby and open areas for general recreation.  The Ipswich Rock Climbing Centre provides indoor climbing opportunities for enthusiasts.  Additionally, the Woodend Nature Centre, located at 35 Williams Street, offers a natural setting for outdoor activities.

Woodend's proximity to the Ipswich CBD, combined with its historical landmarks and community facilities, contributes to its unique character within the region.

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