Suburb Profile Report for Woodridge QLD (4114)

Woodridge House: Median price $300,000, Annual capital growth 5.13%, Number of sales 151, Weekly median advertised rent $320

Woodridge Unit: Median price $200,500, Annual capital growth 5.04%, Number of sales 141, Weekly median advertised rent $265

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Woodridge have tracked just higher than the QLD average of 1.98% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Woodridge has increased when compared to the 5 year average annual rate.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Woodridge itself are offering an average vendor discount of -6.05% to real estate investors.

On average over the past year, suburb has had 12.58 sales per month, which equates to 151 per year.

Situated 19.50km from the CBD, Woodridge is one of Logan localities in the postcode 4114.

Woodridge has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 4.84% to date .

Comparing Woodridge,4114 ‘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 Woodridge should be aiming for at least -5.29% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 141 properties changed hands in Woodridge, which puts it as the 62th most active market in QLD when comparing the number of sales per suburb.

Woodridge, 4114’s gross rental yield is 6.87%

HOUSE UNIT
$300,000 $200,500
-0.96% 1.78%
6.29% 4.84%
5.13% 5.04%
$320 $265
151 141
5.55% 6.87%
58.49 92.96

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 12787
Median household income ($/weekly) 806
Median age of persons 30
Median housing loan repayment ($/monthly) 1300
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1990 15.6
    25-34 years 1969 15.4
    35-44 years 1631 12.8
    45-54 years 1452 11.4
    55-64 years 1265 9.9
    Others 4480 35.0
    Age Group
    Census Count Percent(%)
    Not Married 4744 54.4
    Registered Married 3109 35.7
    Defacto Relationship 865 9.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 6905 58.6
    Indonesia 190 1.6
    Papua New Guinea 1169 9.9
    United Kingdom 418 3.5
    Other 1946 16.5
    Others 1156 9.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 239 2.1
    Christianity 7475 66.5
    Hinduism 147 1.3
    Islam 842 7.5
    No Religion 2419 21.5
    Others 124 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 589 15.0
    $600-$799 634 16.2
    $800-$999 462 11.8
    $1,000-$1,249 433 11.0
    $1,500-$1,999 387 9.9
    Others 1415 36.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3950 44.7
    Employed, worked full-time 2664 30.2
    Employed, worked part-time 1246 14.1
    Unemployed, looking for work 681 7.7
    Employed, away from work 290 3.3
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 593 14.1
    Community & personal service workers 469 11.2
    Clerical & administrative workers 518 12.3
    Machinery operators & drivers 645 15.4
    Labourers 937 22.3
    Others 1037 24.7
    Occupation
    Census Count Percent(%)
    Pre-school 196 6.6
    Infants/Primary 1156 39.2
    Secondary 783 26.6
    Technical or Further Educational Institution 404 13.7
    University or other Tertiary Institutions 271 9.2
    Others 139 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8242 68.8
    Semi-detached, row or terrace house, townhouse 2435 20.3
    Flat, unit or apartment 1296 10.8
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2454 58.0
    Being purchased 1015 24.0
    Fully owned 740 17.5
    Other tenure type 25 0.6
    Tenure Type
Census 2011, ABS
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