Woodford Island is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2463). With a population of 306, the suburb has a mature demographic with a median age of 50. Households earn a median income of $77K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, managers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Woodford Island is $710,000, having surged 136.7% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,679.
Public transport access includes 28 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Woodford Island offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($710K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved +136.7% year-on-year.
Woodford Island is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2463). With a population of 306, the suburb has a mature demographic with a median age of 50. Households earn a median income of $77K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, managers, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Woodford Island is $710,000, having surged 136.7% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,679.
Public transport access includes 28 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Woodford Island offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($710K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.2x is considered moderate. House prices have moved +136.7% year-on-year.