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Woodgate
AREA REPORTS

Woodgate

Woodgate - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4660

house
unit

Property investments in WOODGATE fare well against the rest of the country last year, registering a median home price increase of 12.94%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains WOODGATE, 4660 saw average growth in the long term.

Real estate investors could earn a rental income of $495 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 127.5 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 $447,250.

WOODGATE ranks 144th on the list of best yielding suburbs for rental properties in QLD, posting a 5.76% return.

Data report can be found below

Woodgate
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $447,250 $232,000
GROWTH REPORT
Median Quarterly 6.49% 2.43%
Median 12 month 12.94% N/A
Median 3 years 17.31% 10.74%
Median 5 years 13.95% N/A
10 years average annual 0.7% N/A
Weekly media advert. rent $495 $310
Time on Market 127.5 days 156.0 days
Gross Rental Yield Percent 5.76% 6.95%
demographics (median values)*
Total Population
760
Weekly Household Income
574.5
Household Size
2.00
Age
60
Monthly Loan Repayment
1120
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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