Investment property in Woodberry has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.64%
Across a shorter period, Woodberry, 2322 has seen a median price increase of 3.45% over the last quarter.
Property investors looking for a bargain in Woodberry should be aiming for at least -4.75% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Woodberry the average time real estate has been on the market is 68.52 days.
Advertised rents are around the $320 mark per week – giving a return of 5.74% based on the median price in Suburb