Woodgate

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 12.67%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, 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 $550 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 104.3 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 $845,000.

WOODGATE ranks 526th on the list of best yielding suburbs for rental properties in QLD, posting a 3.38% return.

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

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Profits due to an upward trend in home prices in WOODGATE, 4660 averaged 3.26% per annum over a 3-year period.

Average weekly rents on listings have reached the $495 mark, reflecting a 5.6% increase in returns based on the current median price in WOODGATE.

An average of 1.25 real estate transactions take place per month in WOODGATE which translates to 15 per annum.

15 properties were sold in WOODGATE during the past year, making it the 330th most active market in QLD based on total real estate transactions.

WOODGATE, 4660 places th 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	$845,000	$460,000
Growth Report
Median Quarterly	2.74%	0%
Median 12 month	12.67%	12.2%
Median 3 years	17.36%	9.79%
Median 5 years	97.66%	102.64%
10 years average annual	8.65%	27.97%
Weekly media advert. rent	$550	$495
Time on Market	104.3 days	63.9 days
Gross Rental Yield Percent	3.38%	5.6%

Demographics (Median Values)*

Total Population 760

Weekly Household Income 574.5

Household Size 2.00

Average 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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