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Worongary

Suburb Profile

Worongary - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4213

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WORONGARY, 4213 ranks 109th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 27.45% for property investors.

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $729,000.

The upward trend in home prices in WORONGARY, 4213 averaged 8.93% per annum over a 3-year period.

Average weekly rents on listings have reached the $560 mark, reflecting a 3.99% increase in returns based on the current median price in WORONGARY.

An average of 5.83 real estate transactions take place per month in WORONGARY which translates to 70 per annum.

70 properties were sold in WORONGARY in 2016, making it the 126th most active market in QLD based on total real estate transactions.

WORONGARY, 4213 places 529th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $729,000 N/A
GROWTH REPORT
Median Quarterly -0.17% N/A
Median 12 month 27.45% N/A
Median 3 years 26.78% N/A
Median 5 years 29.03% N/A
10 years average annual 3.59% N/A
Weekly media advert. rent $560 N/A
Time on Market 61.4 days N/A
Gross Rental Yield Percent 3.99% N/A
demographics (median values)
Total Population
4822
Weekly Household Income
1195
Household Size
3.20
demographics
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