If you compare the increase in value of investment property in Woodridge, 4114 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -1.33%.
The five-year average increase in median property values for Woodridge,4114 has given property investors a potential capital gain of 20.82% across each of those five years.
Property investors looking for a bargain in Woodridge should be aiming for at least -5.74% off the asking price, which is the average vendor discount being achieved at the moment.
Woodridge is 105th on a list of best yielding suburbs for rents in QLD with a 5.62% return
At number 934th in the list of Australian suburbs ordered by increase in median house value over the last year, Woodridge, 4114 is in the BOTTOM 50% with a property value increase of 1.78% recorded in median house prices.
Across a shorter period, Woodridge, 4114 has seen a median price increase of -3.85% over the last quarter.
Vendor discounting in Woodridge is giving property investors an average Vendor Discount of around -5.55%. This puts suburb at number 177th in QLD when ranking the most discounted suburbs.
Woodridge, 4114’s gross rental yield is 6.89%