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%