AREA REPORTS

Woodend

 

 

QLD/
Woodend

Suburb Profile

Woodend - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4305

house

WOODEND, 4305 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 $342,500.

Profits due to an upward trend in home prices in the suburb averaged 6.03% per annum over a 3-year period.

WOODEND now ranks at the th 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 $320 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 48.2 days.

In 2016, 28 properties were sold in WOODEND during the past year, making it the 411th most active market in QLD based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $342,500 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month -12.4% N/A
Median 3 years 18.1% N/A
Median 5 years 18.1% N/A
10 years average annual 1.84% N/A
Weekly media advert. rent $320 N/A
Time on Market 48.2 days N/A
Gross Rental Yield Percent 4.86% N/A
demographics (median values)
Total Population
1382
Weekly Household Income
1029
Household Size
2.60
demographics
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