Schoolies season sparks warning to home owners
Home owners and property managers are being urged to be cautious as students celebrate their end-of-year school celebrations. ...
WOODFORD, 4514 ranks 355th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 12.86% 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 $395,000.
The upward trend in home prices in WOODFORD, 4514 averaged 3.19% per annum over a 3-year period.
Average weekly rents on listings have reached the $340 mark, reflecting a 4.48% increase in returns based on the current median price in WOODFORD.
An average of 3.75 real estate transactions take place per month in WOODFORD which translates to 45 per annum.
45 properties were sold in WOODFORD in 2016, making it the 270th most active market in QLD based on total real estate transactions.
WOODFORD, 4514 places 23rd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $395,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 12.86% | N/A |
| Median 12 month | 12.86% | N/A |
| Median 3 years | 9.57% | N/A |
| Median 5 years | 14.49% | N/A |
| 10 years average annual | 1.89% | N/A |
| Weekly media advert. rent | $340 | N/A |
| Time on Market | 86.8 days | N/A |
| Gross Rental Yield Percent | 4.48% | N/A |
Home owners and property managers are being urged to be cautious as students celebrate their end-of-year school celebrations. ...
Data from the Australian Bureau of Statistics on new housing credit has shown a sharp rise in the value of home loan commitments driven by a...
Property investors seek to grow portfolios with multiple properties, but what happens when they get limited access to financing after the fi...
While there are a lot of different measures to evaluate the performance of a property portfolio, for some experts, the three most important ...
Recent analysis by the REIV has found that Melbourne land values have climbed significantly over the past five years, particularly in the ou...
New research has suggested that demand for detached homes has stabilised, with an expert predicting slim chance of pick-up. ...
Get notifications in real-time for staying up to date with content that matters to you.