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WOODFORD, 4514 ranks 907th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 27.47% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The 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 $580,000.
The upward trend in home prices in WOODFORD, 4514 averaged 21.9% per annum over a 3-year period.
Average weekly rents on listings have reached the $350 mark, reflecting a 3.14% increase in returns based on the current median price in WOODFORD.
An average of 4.75 real estate transactions take place per month in WOODFORD which translates to 57 per annum.
57 properties were sold in WOODFORD in 2016, making it the 187th most active market in QLD based on total real estate transactions.
WOODFORD, 4514 places 217th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||27.47%||N/A|
|Median 3 years||65.71%||N/A|
|Median 5 years||60%||N/A|
|10 years average annual||6.33%||N/A|
|Weekly media advert. rent||$350||N/A|
|Time on Market||37.6 days||N/A|
|Gross Rental Yield Percent||3.14%||N/A|