Giving property investors a a poor capital gain of 4.78% for the last year, Woodford, 4514 is the 3518th highest performer in Australia in this respect.
The five-year average increase in median property values for Woodford,4514 has given property investors a potential capital gain of 28.67% across each of those five years.
Property buyers and investors in Woodford 4514 should be seeing an average reduction in asking price of around -2.86% . This means that Woodford is holding prices well when compared to other suburbs in QLD.
Advertised rents are around the $360 mark per week – giving a return of 4.07% based on the median price in Suburb
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Colonial-style suburb tightens housing stock
Median house price: $367,500
Stock on market: -55.2%
12-month growth: 1.2%
A beautiful historic suburb just about 20 minutes from Caboolture, Woodford is a destination spot that has seen housing stock drop considerably by 55% over the previous year.
This may have spurred a slight increase in house values as the market recorded 1.2% growth. Given that the median price remains reasonably low at under $368,000, the limited supply in such a convenient suburb could inspire demand.
Woodford is a tourist hub full of amenities such as shops and dining establishments. The area is known for its fresh fruits and lovely gardens as well. Mount Mee is close by, offering an excellent view of the Caboolture Shire all the way to Moreton Bay. The state forest serves as a well-known recreation spot for picnics and camping.