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Woorim
AREA REPORTS

Woorim

Woorim - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4507

house
unit
WOORIM ranks 767th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 28.51% for the past year is higher than average compared to its 41.44% growth within a five-year period.

Also in WOORIM, the median home price is sitting at $640,000, and the average rent at $440, this suggests property owners could potentially earn a 3.58% increase in gross rental yield.

Property investors have seen a 18.52% gain in WOORIM based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on WOORIM, 4507 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 28.51%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.8% growth over a ten-year period. It ranks 2157th on our list of suburbs that property investors should look into.

Data report can be found below

Woorim
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $640,000 $380,000
GROWTH REPORT
Median Quarterly 18.52% -6.17%
Median 12 month 28.51% -7.32%
Median 3 years 12.78% 4.4%
Median 5 years 41.44% 18.75%
10 years average annual 4.8% 2.64%
Weekly media advert. rent $440 $350
Time on Market 49.8 days 109.8 days
Gross Rental Yield Percent 3.58% 4.79%
demographics (median values)*
Total Population
1642
Weekly Household Income
599.9
Household Size
2.00
Age
52
Monthly Loan Repayment
1092
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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