Woods Point

Woods Point, VIC 3723 is a small suburb with a population of 33 residents. The majority of residents fall within the age group of 45 to 64 years, indicating a mature community. The suburb has a high proportion of professionals and a significant number of residents who work as technicians and tradeworkers. The median household income is $725 weekly, with a median mortgage repayment of $1064 monthly. Residents primarily commute by motor vehicle, while a few work from home. Woods Point presents investment opportunities for houses with a reasonable property count of 81. The suburb has shown consistent growth in median house prices over the past 3, 5, and 10 years. The sale price distribution indicates potential for renovators based on the high sale price IQR ratio. The discount median suggests some negotiation room for buyers. Additionally, the suburb's online search interest is relatively high, reflecting buyer demand. With its small population and mature demographic profile, Woods Point offers a unique lifestyle away from urban hustle. For investors, the suburb provides potential for capital growth, particularly in the housing market. Homeowners interested in a quiet community with growth potential may find Woods Point appealing. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022