Date Prepared: 20th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).
Overview
Woody Point, situated on the Redcliffe Peninsula in Moreton Bay, is a vibrant coastal suburb known for its scenic waterfront, rich community feel, and family-friendly environment. With its historical charm and modern amenities, Woody Point offers a desirable lifestyle for residents and a promising opportunity for investors.
Demographics
- Population: Approximately 4,500 (2021 Census, ABS).
- Median Age: 44 years, reflecting a balanced mix of families, professionals, and retirees.
- Dwelling Type: Predominantly standalone houses with a mix of modern units and townhouses.
- Ownership: High ownership rates, emphasizing long-term residential stability.
Property Market (2024)
Houses
- Median Sale Price: $837,100 (+7.3% annual growth).
- Median Weekly Rent: $570.
- Rental Yield: 3.5%.
- Sales Volume: 84 house sales in the past 12 months.
Units
- Median Sale Price: $687,000 (+12.6% annual growth).
- Median Weekly Rent: $550.
- Rental Yield: 4.2%.
Long-Term Trends (2006–2024)
Woody Point has seen strong growth over the past 18 years, with the median house price increasing from $302,500 in 2006 to $837,100 in 2024. This represents an average annual growth rate of approximately 7.1%.
Recent Notable Sales
- 9 Annie Street: Sold for $1,500,000 (Oct 2024).
- 16 Lilla Street: Sold for $950,000 (Sep 2024).
- 125 King Street: Sold for $1,050,000 (Jul 2024).
Source: Pricefinder, Your Investment Property Magazine.
Education
Woody Point offers access to a range of educational facilities:
- Primary Schools:
- Humpybong State School (nearby in Margate).
- Secondary Schools:
- Clontarf Beach State High School.
- Private Schools:
- Grace Lutheran College (in Rothwell).
Source: Queensland Department of Education, Landchecker.
Amenities and Lifestyle
Shopping
- Local Shops: Woody Point Village provides boutique stores, cafes, and essential services.
- Nearby Options: Larger retail hubs in Redcliffe and Kippa-Ring offer extensive shopping and dining choices.
Parks and Recreation
- Woody Point Jetty: A popular spot for fishing, walking, and enjoying views of Moreton Bay.
- Bramble Bay Foreshore: Features picnic areas, walking paths, and open spaces.
- Centenary Park: Offers playgrounds and recreational facilities.
Source: Google, Walkscore.
Transport and Accessibility
- Road Network:
- Woody Point is easily accessible via the Hornibrook Esplanade and Ted Smout Memorial Bridge, connecting to Brisbane.
- Public Transport:
- Regular bus services link Woody Point to Redcliffe and surrounding suburbs.
- Walkability:
- High; many amenities and parks are within walking distance.
Source: TMR Queensland, Walkscore.
Recent and Planned Developments
- Residential Expansion: Development of modern units and high-end homes along the waterfront.
- Community Enhancements: Upgrades to public spaces, foreshore facilities, and local infrastructure.
Source: Pricefinder, Your Investment Property Magazine.
Community and Employment
- Employment Sectors:
- Dominated by healthcare, retail, tourism, and construction industries.
- Community Activities:
- Coastal festivals, local markets, and cultural events bring residents together.
Source: ABS, Your Investment Property Magazine.
Key Statistics at a Glance
| Metric | Value |
|---|---|
| Population | ~4,500 (2021 Census). |
| Median House Price (2024) | $837,100. |
| Median Rent (Houses) | $570/week. |
| Rental Yield (Houses) | 3.5%. |
| Median Unit Price (2024) | $687,000. |
| Median Rent (Units) | $550/week. |
| Rental Yield (Units) | 4.2%. |
| Notable Parks | Woody Point Jetty, Bramble Bay Foreshore, Centenary Park. |
| Transport Access | Hornibrook Esplanade, Ted Smout Memorial Bridge, bus services. |
Conclusion
Woody Point blends coastal beauty with modern convenience, making it an attractive location for families, retirees, and investors. Its steady property growth, excellent amenities, and vibrant community provide strong long-term potential for residents and property buyers alike.