Worongary

POSTAL CODE: QLD, 4213
HOUSE

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 $1,473,500.

The upward trend in home prices in WORONGARY, 4213 averaged 7.43% per annum over a 3-year period.

Average weekly rents on listings have reached the $1200 mark, reflecting a 4.23% increase in returns based on the current median price in WORONGARY.

An average of 8.17 real estate transactions take place per month in WORONGARY which translates to 98 per annum.

98 properties were sold in WORONGARY in 2016, making it the 5th most active market in QLD based on total real estate transactions.

WORONGARY, 4213 places 368th in Australia based on median property value growth during the quarter.

Surburb overview

Worongary is a suburb located within the City of Gold Coast, Queensland, bearing the postcode 4213. It lies approximately 12.7 kilometres southwest of Surfers Paradise and about 75.4 kilometres south-southeast of Brisbane's central business district.

As of the 2021 census, Worongary had a population of 6,021 residents. The predominant age group is 50 to 59 years. Households in Worongary are primarily composed of couples with children and are likely to be repaying $1,800 to $2,399 per month on mortgage repayments. In general, people in Worongary work in a trades occupation.

Public transportation in Worongary is limited, with the majority of residents, approximately 86.8%, relying on private vehicles for commuting. No train or tram services directly service the area, and bus services are minimal.

The suburb offers a range of essential establishments to cater to residents' needs. The Worongary Town Centre provides a local central hub with a service station, a major supermarket chain, and a range of cafes, restaurants, and specialty stores. Educational institutions in the area include Worongary State School, a government primary school catering to students from Prep to Year 6. For secondary education, students typically travel to nearby areas, with the nearest government secondary schools being Nerang State High School in Nerang and Robina State High School in Robina.

Worongary's natural surroundings and local facilities complement recreational activities. The suburb features several parks, including the Alice Bowden Reserve and Alkira Park, providing residents with outdoor spaces for leisure and sports activities. Additionally, the Mudgeeraba Showgrounds, despite the name, are located in Worongary and host the annual Mudgeeraba Show, a two-day event featuring horse shows, handicrafts, cooking exhibits, pet parades, wood chopping, and more.

Worongary is characterised by its rural residential setting, with approximately 49.21% of the area zoned for rural residential use and 23.76% designated as emerging communities. The suburb offers a peaceful environment with lush greenery and rolling hills, making it a desirable location for those seeking a tranquil lifestyle away from the bustling city while still being in proximity to essential amenities.

In recent developments, the SkyRidge masterplanned community in Worongary has seen significant interest, with the first house for sale attracting considerable attention from buyers and the community. Additionally, a display house in the SkyRidge estate achieved a record sale price of $2.8 million, reflecting the area's growing appeal.

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