Suburb Profile Report for Woodend QLD (4305)

Woodend House: Median price $360,000, Annual capital growth 1.99%, Number of sales 21, Weekly median advertised rent $320

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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If you compare the increase in value of investment property in Woodend, 4305 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 -2.96%.

If we look at median property appreciation over just the last three months, Woodend has given property investors a paper return of -11.11%. This puts Suburb as 884 on a list of fastest fasting appreciating suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Woodend is offering property investors an average of -6.78. This rate of discount on properties puts Suburb at number 52th in terms of most discounted suburbs in QLD

Information supplied by:


August 2017

M
O

W
E

Superstar in the state housing market

Postcode: 4305

Median house price: $361,000

Three-year growth: 26.67%

Rental yield: 4.18%

Just 2km from the Ipswich CBD, the suburb of Woodend is among the top five growers in Queensland’s housing market over the past 12 months leading up to May 2017.

House prices recorded a near 29% increase during this period – this trend has been sustained into the May 2017 quarter, which saw 10.74% growth. A factor in the demand is the highly affordable median price, which just exceeds $360,000. Investors reap strong returns of over 4% as well, making it a potential win-win situation for them.

Woodend is bordered by the Bremer River, and is home to several parks. Many schools have also been established here; thus, this suburb is a great option for families with children. Residents have easy access to other amenities given the proximity to Ipswich.

Metrics i HOUSE UNIT
$360,000 N/A
-11.11% N/A
-2.96% N/A
1.99% N/A
$320 N/A
21 N/A
4.62% N/A
108.315789473684 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Poor (U)
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Demographics
Total population 1535
Median household income ($/weekly) 1245
Median age of persons 31
Median housing loan repayment ($/monthly) 1690
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 237 15.4
    15-19 years 177 11.5
    25-34 years 192 12.5
    35-44 years 223 14.5
    45-54 years 200 13.0
    Others 506 33.0
    Age Group
    Census Count Percent(%)
    Not Married 471 47.9
    Registered Married 424 43.1
    Defacto Relationship 89 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1199 85.6
    Croatia 11 0.8
    Papua New Guinea 50 3.6
    United Kingdom 41 2.9
    Other 26 1.9
    Others 74 5.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 19 1.4
    Christianity 861 65.6
    Hinduism 4 0.3
    Other Religious Groups 6 0.5
    No Religion 418 31.9
    Others 4 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 51 11.2
    $1,250-$1,499 42 9.2
    $1,500-$1,999 66 14.5
    $2,000-$2,499 45 9.9
    $2,500-$2,999 45 9.9
    Others 207 45.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 418 38.5
    Employed, worked full-time 399 36.7
    Employed, worked part-time 175 16.1
    Employed, away from work 49 4.5
    Unemployed, looking for work 46 4.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 129 20.8
    Technicians & trades workers 72 11.6
    Community & personal service workers 88 14.2
    Clerical & administrative workers 87 14.0
    Labourers 73 11.8
    Others 171 27.6
    Occupation
    Census Count Percent(%)
    Secondary 185 44.3
    Infants/Primary 137 32.8
    University or other Tertiary Institutions 54 12.9
    Technical or Further Educational Institution 27 6.5
    Pre-school 15 3.6
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1221 94.4
    Flat, unit or apartment 73 5.6
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 171 35.7
    Rented 160 33.4
    Fully owned 144 30.1
    Other tenure type 4 0.8
    Tenure Type
Census 2011, ABS
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