If you compare the increase in value of investment property in Woody Point, 4019 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.60%.
The five-year average increase in median property values for Woody Point,4019 has given property investors a potential capital gain of 18.95% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Woody Point is offering property investors an average of -7.23. This rate of discount on properties puts Suburb at number 212th in terms of most discounted suburbs in QLD
Residents and property investors in Woody Point have been waiting around 69.87 days to sell a property.
With the median price for a house in Woody Point being $455000 and the advertised rent reaching $355 the gross rental yield for property investors calculates out to be 4.06%
Investment property in Woody Point has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 21.53%
Comparing Woody Point,4019 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Woody Point should be aiming for at least -4.76% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $330 mark per week – giving a return of 3.92% based on the median price in Suburb