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Investment Property Woodridge, QLD, 4114

Suburb Snapshot

Woodridge is a suburb in the Logan Region of Queensland. Woodridge has a population of 12,581 people and 48.73% of its occupants live in rental accommodation. The median listing price for houses is $600,000 and this has changed 20.24% over the past year and changed 33.33% over 2 years.

The median rent in Woodridge for houses is $490 per week and the median rental yield is 4.24%. Stock on the market for houses/townhouses has changed -11.32% compared to last year and the average time to sell a house/townhouse is 92 days.The median listing price for units is $350,000 and this has changed 27.27% over the past year. The average unit takes 138 days to sell and the median rent for a unit in Woodridge is $390 per week, producing a rental yield of 5.79%.

Supply & Demand in Woodridge, Logan

1.19%

Current vacancy rate


62

Rental stock available


12,581

Population


48.73%

Rental population


1.01%

Current vacancy rate


1,454

Rental stock available


303,383

Population


29.98%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Woodridge, Logan

  House Townhouses Units
Median listing price $600,000 $415,000 $350,000
Median price change - last quarter 6.48% 0.25% 8.33%
Median price change - 1 year 20.24% 34.30% 27.27%
Median price change - 2 years 33.33% 66.66% 57.65%
  House Townhouses Units
Median weekly rent $490 $390 $390
Median yield % 4.24% 4.88% 5.79%
Median rent change - 1 year 8.88% 5.40% 11.42%
  House Units
Previous month sales 13 7
Stock on market previous month 47 22
Stock variance vs. last year -11.32% 22.22%
Average days on market 92 138

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