Woodford

POSTAL CODE: QLD, 4514

HOUSE

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 $900,000.

The upward trend in home prices in WOODFORD, 4514 averaged 7.76% per annum over a 3-year period.

Average weekly rents on listings have reached the $700 mark, reflecting a 4.04% increase in returns based on the current median price in WOODFORD.

An average of 5.42 real estate transactions take place per month in WOODFORD which translates to 65 per annum.

65 properties were sold in WOODFORD in 2016, making it the 161st most active market in QLD based on total real estate transactions.

WOODFORD, 4514 places 835th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$900,000	N/A
Growth Report
Median Quarterly	0.28%	N/A
Median 12 month	5.88%	N/A
Median 3 years	23.29%	N/A
Median 5 years	95.65%	N/A
10 years average annual	10.33%	N/A
Weekly media advert. rent	$700	N/A
Time on Market	45.9 days	N/A
Gross Rental Yield Percent	4.04%	N/A

Demographics (Median Values)*

Total Population 2680

Weekly Household Income 807.7

Household Size 2.70

Average Age 34

Monthly Loan Repayment 997

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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