Property investors who have had real estate in Woodridge, 4114 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.96%
Taking the average capital gain, or increase in median house value, Woodridge,4114 has racked up an average of -0.96% over the period. This ranks it number 2081th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Woodridge is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 457th in terms of most discounted suburbs in QLD
Residents and property investors in Woodridge have been waiting around 65.96 days to sell a property.
Advertised rents are around the $320 mark per week – giving a return of 5.55% based on the median price in Suburb
At number 770th in the list of Australian suburbs ordered by increase in median house value over the last year, Woodridge, 4114 is in the top half with a property value increase of 4.82% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Woodridge comes in at number 117th in QLD.
At number 99th of QLD’s most discounted properties, Woodridge is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $3180 per annum or $265 every week.