Giving property investors a a solid capital gain of 11.43% for the last year, Woodford, 4514 is the 413th highest performer in Australia in this respect.
Comparing Woodford,4514 ‘s 5year and quarterly average capital gain offered to property investors, it performed the same across the longer period
The most recent median price for Woodford is $390000, with sellers offering an average of -7.47% off the asking price.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 1.90%, investors should hope to achieve an overall return of 4.53%
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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.