Fraud Blocker

Woombye, QLD 4559

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 Woombye, QLD 4559 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™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
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.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Woombye, QLD 4559”

  1. The total adult population (15 years or older) of Woombye 4559 QLD is 3,195, with a median age of 40. Of those, 49.80% are married, 13.62% are divorced or separated, 33.21% are single and 3.54% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $8,180. The median monthly mortgage repayment for households in this suburb is $1,830 which is 22.37% of their earnings.

    Source: ABS Census Data (2021)

  2. The picturesque suburb of Woombye, 4559, nestled in Queensland, is home to an estimated 1634 households. As we venture into the third quarter of 2023, the property market here strikes a persuasive profile for potential investors and home buyers alike.

    Currently, the typical price for houses in Woombye hovers around $801,492. When paired with the median weekly rent sitting at $648, these prices stimulate an alluring indicative yield of 4.2%. This surpasses the market requirement of 3%, making it an attractive option for cashflow-focused property investors.

    In terms of socio-economic positioning, the area boasts an IRSAD score of 990 out of 1,217. This score reflects a solid socio-economic status, suggesting the local population possess reasonable access to economic resources, and substantial income levels.

    In continuing our analysis, we look to the renter to owner ratio and units to houses ratio. The suburb presents a healthy balance, with a renter to owner ratio of 26%, well below the risky threshold of 45%. Likewise, the units to houses ratio is just 3%, indicating a skewed favour towards houses, which tends to attract longer tenancies and fewer competition for landlords.

    Despite the solid yields, the affordability index reads at 38 years. This is above the typical threshold of 30 years indicating that property ownership can be challenging. However, this could alternatively provide favourable conditions for investors looking for rental income.

    Supply metrics amplify the attractiveness of the Woombye market. The stock on the market percentage for houses sits at a low 0.36%, with an inventory level of 1.02 months. This confirms low supply pressure and the market’s adeptness in absorbing new listings, making it advantageous for sellers. The building approvals ratio is at a favourable 1.3%, indicating restrained new dwelling supply that won’t flood or destabilize the market.

    Demand metrics offer a slightly nuanced picture. While the days on market for houses are 55 days, slightly above the high demand threshold of 35, the vacancy rate (combining houses and units) stands at a low 1.17%. This lower vacancy rate indicates a relatively high demand for property. Moreover, the buy search index for houses stands at 6, underpinning high demand among prospective buyers.

    Remember, not only metric values but trends, both current and historical, are important. Also keep in mind that it’s perfectly fine to have some measures in unfavourable ranges provided the majority are favourable.

    Incorporating such multifaceted insights into any investment decision, allows for a move from mere speculation to strategic investment. Ultimately, understanding and leveraging property market statistics is the key to unlocking successful real estate investments.

    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.

Leave a comment