Property investments in WOODGATE fare well against the rest of the country last year, registering a median home price increase of -6.41%.
Real estate investors could earn a rental income of $300 based on current median home prices for the suburb.
It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 165.1 days.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Property investors perceived the median home price rise to $365,000.
WOODGATE ranks 515th on the list of best yielding suburbs for rental properties in QLD, posting a 4.27% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-6.41%||N/A|
|Median 3 years||-4.7%||N/A|
|Median 5 years||-14.12%||N/A|
|10 years average annual||-0.63%||N/A|
|Weekly media advert. rent||$300||$260|
|Time on Market||165.1 days||0.0 days|
|Gross Rental Yield Percent||4.27%||6.95%|