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Woodrising, NSW 2284

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Woodrising, NSW 2284 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Woodrising, NSW 2284”

  1. The total adult population (15 years or older) of Woodrising 2284 NSW is 935, with a median age of 36. Of those, 43.96% are married, 12.51% are divorced or separated, 40.11% are single and 3.21% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $7,372. The median monthly mortgage repayment for households in this suburb is $1,570 which is 21.30% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in NSW, the suburb of Woodrising is home to an estimated 446 households. As we look into the Q3 statistics of 2023, typical house market values in Woodrising stand at $654,388, while the median weekly rent sits at $506. This brings the indicative yield to an attractive 4.02%, indicating a favourable cash flow potential for property investors.

    When considering the socio-economic factors, Woodrising scored 931 out of a possible 1,217 in the IRSAD score. This score pictures an above-average socio-economic conditions for the residents, as well as a potential for stable rental demand.

    Delving deeper, the renter to owner ratio in Woodrising is registered at 17%, highlighting a dominant owner-occupier market. This investors may enjoy a lower level of competition when seeking potential tenants. Further supportive of this claim is the unit to house ratio, which stands at 0%. With no unit oversaturation, the demand for houses from potential renters is expected to remain robust.

    However, affordability may be a concern. The suburb’s affordability index is marked at 35 years. This suggests that the cost of owning a house may be somewhat beyond the reach for some locals. But this might cause a higher demand for rental properties, potentially favouring rental yields for house owners.

    NEXT, let’s discuss the supply metrics. The stock on market Percentage for houses is merely at 0.45%. This, while it’s within the ‘neutral’ or ‘healthy’ range, signifies a well-balanced market. The inventory level for houses, which is marked at 6.0 months, does indicate a higher supply. This can translate into more negotiating power for buyers, but it can still be balanced out by healthy demand levels.

    In addition, the building approvals Ratio is currently at 0.0%. This implies that there’s no significant increase of new dwellings contributing to potential supply in near future.

    Moving to the demand metrics, the average time a house stays on the market is relatively short – 21 days, signalling a high property demand within the suburb. Similarly, there’s a low vacancy rate of 2.7% which aligns with the evidence of a strong rental demand.

    Finally, the buy search index for houses is 5 meaning that online searches for buying houses matches the state/city average, also pointing towards steady demand within Woodrising.

    In conclusion, from the metrics, Woodrising exhibits signs of a healthy market for property investors, however, it is essential to closely monitor these metrics for any future changes. HtAG Analytics’ RCS (Relative Composite Score) could also be a valuable tool to consider as it automates the research process using over 80 metrics to provide a more comprehensive overview.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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