Powered by MOMENTUM MEDIA
AREA REPORTS

Woodend

Suburb Profile

Woodend - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3442

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 52.89% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $726,250

The augmented property values in the suburb are trailing above the territorial average of 2.76% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $510.

Home owners selling their properties and realtors in WOODEND usually have to wait an average of 84.0 days days before their assets are lifted off the market.

The VIC suburb ranks 261st on the list of best yielding suburbs for rental properties in VIC, posting a 3.65% return.

It also places places 557th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $726,250 $522,000
GROWTH REPORT
Median Quarterly -1.19% N/A
Median 12 month 7% 12.99%
Median 3 years 52.89% N/A
Median 5 years 57.03% N/A
10 years average annual 8.56% 12.99%
Weekly media advert. rent $510 $400
Time on Market 84.0 days 0.0 days
Gross Rental Yield Percent 3.65% 3.98%
demographics (median values)
Total Population
5370
Weekly Household Income
1061
Household Size
2.60
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Perth

Perth recovery takes COVID-19 hit

While signs were pointing to the start of a housing market recovery for Perth earlier this year, the knock-on effects of COVID-19 have impac...

Are landlords being left high and dry by insurers?

The Real Estate Institute of NSW has expressed serious concerns over news that some insurance companies are making things difficult for Aust...

Sydney

Can investors get a home in Sydney for under $500k?

Investors who are concerned they will be priced out of Sydney are being advised to look a little further out, with Sydney’s surrounding su...

pool fence

Pool and spa owners given 5-month rego reprieve

The deadline for the mandatory registration of private pools and spas in Victoria has been extended due to the coronavirus pandemic. ...

Hobart

Hot Property: Biggest headlines from the week that was

Why Australians could be given $50,000, how to terminate a tenancy, and the need for a stamp duty plan: Here are some of the biggest stories...

PM fears impact of migration slide on residential sector

Prime Minister Scott Morrison has acknowledged the threat that a COVID-induced decline in migration could pose to residential property marke...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.