Suburb Profile Report for Woodend QLD (4305)

Woodend House: Median price $340,000, Annual capital growth 0.81%, Number of sales 37, Weekly median advertised rent $340

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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At number 4136th in the list of Australian suburbs ordered by increase in median house value over the last year, Woodend, 4305 is in the BOTTOM 10% with a property value increase of -8.79% recorded in median house prices.

Over the longer term, Woodend has seen property prices show investors a -1.45% return over the last 3 years. This is worse than over the last 12 months

State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.90% offered to property buyers. Sellers in Woodend itself are offering an average vendor discount of -7.30% to real estate investors.

Woodend is 238th on a list of best yielding suburbs for rents in QLD with a 5.20% return

Information supplied by:


August 2017

M
O

W
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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
$340,000 N/A
-5.56% N/A
-8.79% N/A
0.81% N/A
$340 N/A
37 N/A
5.20% N/A
50.5714285714286 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (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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