Property value increases in Woody Point have tracked higher than the QLD average of 2.40% over the last 12 months.
While Woody Point,4019 ranked number 784th in QLD for increase in median house value (annualised) increase, it is ranked 183th over the last 5 years.
Sellers are offering property buyers an average discount of -9.00% to buyers in Woody Point at the moment, which is less than average for the rest of QLD.
At number 1701 in a list of fastest selling suburbs, Woody Point is just in the top half of suburbs in Australia with an average of days on market 74.46 for properties listed there.
With the median price for a house in Woody Point being $465000 and the advertised rent reaching $355 the gross rental yield for property investors calculates out to be 3.97%
At number 79th in the list of Australian suburbs ordered by increase in median house value over the last year, Woody Point, 4019 is in the top 10% with a property value increase of 23.64% recorded in median house prices.
Comparing Woody Point,4019 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Woody Point is offering property investors an average of -5.70. This rate of discount on properties puts Suburb at number 200th in terms of most discounted suburbs in QLD
On average over the past year, suburb has had 7.58 sales per month, which equates to 91 per year.