Woodend is a smaller, quiet suburb with a population of 1,312 and a median house price of $632,500, reflecting an 18.7% growth over the past year. Houses in this area are typically owner-occupied (67%) and cater to an older demographic aged 40 to 59. Properties sell relatively quickly, with a median time on market of 32 to 39 days, and 30 houses were sold in the last 12 months. With its balance of family and single-occupancy homes, Woodend is a desirable area for stable and long-term residents.
Demographics
Here is a quick overview about who lives locally, as provided by government census data.
Population
1,312
Average Age
40-59
67%
33%
Owner
Renter
42%
58%
Family
Single
Real Estate Performance
Here is a quick overview about recent real estate market performance