Woodford has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 13.65% to date .
A 10.00% growth in median value for property investors in Woodford,4514 puts this suburb at number 439th in terms of best performing suburbs in QLD
Our latest figures would indicate that property sellers in Woodford are currently offering property investors an average price cut of -5.20% below the asking price at the moment.
Often selling an investment property can take time, and in Woodford the average time real estate has been on the market is 103.778 days.
Advertised rents are around the $350 mark per week – giving a return of 4.73% based on the median price in Suburb
Information supplied by:
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.