How long can ‘JobKeepers’ afford their rent?
Following a raft of fiscal changes to protect businesses and workers, the focus has shifted to housing, with landlords and tenants urged to ...
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WORONGARY, 4213 ranks 333rd on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 13.41% 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 $697,500.
The upward trend in home prices in WORONGARY, 4213 averaged 6.75% per annum over a 3-year period.
Average weekly rents on listings have reached the $590 mark, reflecting a 4.4% increase in returns based on the current median price in WORONGARY.
An average of 6.33 real estate transactions take place per month in WORONGARY which translates to 76 per annum.
76 properties were sold in WORONGARY in 2016, making it the 85th most active market in QLD based on total real estate transactions.
WORONGARY, 4213 places 22nd in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $697,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 12.96% | N/A |
| Median 12 month | 13.41% | N/A |
| Median 3 years | 20.26% | N/A |
| Median 5 years | 42.2% | N/A |
| 10 years average annual | 3.84% | N/A |
| Weekly media advert. rent | $590 | N/A |
| Time on Market | 76.0 days | N/A |
| Gross Rental Yield Percent | 4.4% | N/A |
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