Suburb Profile Report for Woodridge QLD (4114)

Woodridge House: Median price $300,000, Annual capital growth 4.63%, Number of sales 130, Weekly median advertised rent $320

Woodridge Unit: Median price $207,500, Annual capital growth 4.19%, Number of sales 116, Weekly median advertised rent $265

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 0.67% for the last 12 months, Woodridge, 4114 has performed for property investments than its average annual 4.63% property growth over the last 5 years.

A 22.45% growth in median value for property investors in Woodridge,4114 puts this suburb at number 471th in terms of best performing suburbs in QLD

The most recent median price for Woodridge is $300000, with sellers offering an average of -5.88% off the asking price.

With the median price for a house in Woodridge being $300000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.55%

If you compare the increase in value of investment property in Woodridge, 4114 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 6.96%.

Woodridge,4114 has offered an average of 6.96% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Woodridge is giving property investors an average Vendor Discount of around -5.52%. This puts suburb at number 171th in QLD when ranking the most discounted suburbs.

Using the current median advertised rental of $265 and the average annual increase in value of a median property of 4.19%, investors should hope to achieve an overall return of 6.64%

Metrics i HOUSE UNIT
$300,000 $207,500
0.00% 1.47%
0.67% 6.96%
4.63% 4.19%
$320 $265
130 116
5.55% 6.64%
65.33 99.72

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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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Recent sales & rentals