Woodford

WOODFORD, 4514 ranks 669th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 34.78% 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 $620,000.

The upward trend in home prices in WOODFORD, 4514 averaged 23.29% per annum over a 3-year period.

Average weekly rents on listings have reached the $405 mark, reflecting a 3.4% increase in returns based on the current median price in WOODFORD.

An average of 4.92 real estate transactions take place per month in WOODFORD which translates to 59 per annum.

59 properties were sold in WOODFORD in 2016, making it the 177th most active market in QLD based on total real estate transactions.

WOODFORD, 4514 places 218th in Australia based on median property value growth during the quarter.