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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.

Average median house prices in QLD have risen as a whole, pulling WOODEND, 4305 values up and netting property investors a capital gain of 12.41% for the past year.

Investors saw the median home price rise to $385,000.

Profits due to an upward trend in home prices in the suburb averaged 4.41% per annum over a 3-year period.

WOODEND now ranks at the 148th 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 $325 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 71.7 days.

In 2016, 27 properties were sold in WOODEND during the past year, making it the 418th 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 $385,000 N/A
GROWTH REPORT
Median Quarterly 2.67% N/A
Median 12 month 12.41% N/A
Median 3 years 13.24% N/A
Median 5 years 24.19% N/A
10 years average annual 3.28% N/A
Weekly media advert. rent $325 N/A
Time on Market 71.7 days N/A
Gross Rental Yield Percent 4.39% N/A
demographics (median values)
Total Population
1382
Weekly Household Income
1029
Household Size
2.60
demographics
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