Get a property report and suburb profile for any property in Woodridge

Woodridge is a long-established residential suburb in Logan City centred on Woodridge train station on the Beenleigh line. Streets mix post-war timber and brick houses with pockets of newer townhouses and established street trees, giving a practical, lived-in feel. The area attracts a multicultural mix of families, first-home buyers and long-term residents, and everyday needs are met by a compact shopping strip, schools, community centres, sporting fields and nearby parks.

Home to 12,982 people with a median age of 33, Woodridge has a high share of rented dwellings (62.3%). Regular train services and road links make travel toward Brisbane and the Gold Coast straightforward, and upgrades to the station precinct are planned with improved access, a consolidated park-and-ride and better walking and cycling links; site establishment is under way and local walkability consultations have been held. Whether Woodridge suits you will come down to the housing mix and transport links you want.

Rents in Woodridge would take a large share of a typical local household's weekly income at the last Census: the average house rent of $550 a week is about 52.7% of the $1,043 weekly household income recorded at the last Census, and the average unit rent of $470 a week is about 45.1% of that income. For many households, those rent shares are a substantial portion of weekly earnings.

Buying is also well above local incomes at the last Census. The median house price of $690,056 is about 12.7 times a typical local annual household income at the last Census, and the median unit price of $575,000 is about 10.6 times a typical local annual household income at the last Census, so purchase prices sit at a high multiple of what households locally reported earning at the last Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Units were the standout over the past 12 months: median unit value climbed 33.9% while median house value rose 23.0%, so unit prices increased more strongly. On the income side, unit rents jumped 17.5% compared with a 10.4% rise in house rents, meaning unit rental income also grew faster than for houses.

For someone weighing Woodridge as an investment, the value figures show the capital growth side over the year and the rent figures show how rental income moved. Units in Woodridge recorded the larger gains both in price and in rent over the past year, while houses also posted solid increases. Whether that balance suits your needs and objectives is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.