Woody Point is in the bottom 30% in QLD when comparing median price capital growth over the last year. Woody Point gave property investors a disappointing capital gain figure when compared to the rest of the state, with -3.68%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Woody Point has increased when compared to the 5 year average annual rate.
Vendor discounting in Woody Point is giving property investors an average Vendor Discount of around -6.25%. This puts suburb at number 429th in QLD when ranking the most discounted suburbs.
In the last year 98 properties changed hands in Woody Point, which puts it as the 242th most active market in QLD when comparing the number of sales per suburb.
The QLD suburb of Woody Point, 4019 is in the Moreton Bay local government area.
Giving property investors a a solid capital gain of 31.65% for the last year, Woody Point, 4019 is the 38th highest performer in Australia in this respect.
A 62.50% growth in median value for property investors in Woody Point,4019 puts this suburb at number 192th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Woody Point should be aiming for at least -4.91% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of 9.95%, investors should hope to achieve an overall return of 3.20%