Woodend, 4305 ranked 83th in QLD when comparing growth in median property values or capital gain over the last 12 months. Woodend is one of 2415 in our list for QLD
The five-year average increase in median property values for Woodend,4305 has given property investors a potential capital gain of 32.76% across each of those five years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Woodend, 4305. Typically our figures indicate that -8.96% is being offered, which puts this QLD suburb at 517th most discounted overall in Australia.
Often selling an investment property can take time, and in Woodend the average time real estate has been on the market is 69.3704 days.
Renters in Suburb are facing rents around $17160 per annum or $330 every week.
Information supplied by:
Superstar in the state housing market
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.