Over the last year, property investments in Woody Point, 4019 have given investors a capital gain of -5.58%. This compares very badly with the 2.38% for QLD as a whole.
While Woody Point,4019 ranked number 673th in QLD for increase in median house value (annualised) increase, it is ranked 262th over the last 5 years.
Woody Point4019 is located in QLD which offers an average discount of -7.24% to property investors. Woody Point itself is showing figures that indicate -7.12% is the average achievable by property buyers investing in the suburb.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.41%, without taking into account capital value appreciation, which has been averaging out at 4.13%.
Woody Point is in the TOP 10% in QLD when comparing median price capital growth over the last year. Woody Point gave property investors a very good capital gain figure when compared to the rest of the state, with 31.78%.
Taking the average capital gain, or increase in median house value, Woody Point,4019 has racked up an average of 31.78% over the period. This ranks it number 54th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Woody Point is offering property investors an average of -6.14. This rate of discount on properties puts Suburb at number 256th in terms of most discounted suburbs in QLD
Advertised rents are around the $320 mark per week – giving a return of 3.26% based on the median price in Suburb