Woorim

POSTAL CODE: QLD, 4507

HOUSE

UNIT

WOORIM ranks 465th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 20.91% for the past year is higher than average compared to its 75.82% growth within a five-year period.

Also in WOORIM, the median home price is sitting at $1,200,000, and the average rent at $720, this suggests property owners could potentially earn a 3.12% increase in gross rental yield.

Property investors have seen a 9.09% 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 20.91%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 10.9% growth over a ten-year period. It ranks 4122nd on our list of suburbs that property investors should look into.

A steady increase in median property prices over a five-year period in WOORIM, 4507 translates to a 35.18% capital gain.

WOORIM, 4507 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $743,500.

Augmented property values in WOORIM are trailing behind the QLD average of 16.3% for the past year.

Real estate investors could earn a rental income of $550 based on current median home prices for the suburb.

Home owners selling their properties and realtors in WOORIM usually have to wait an average of 54.2 days days before their assets are lifted off the market.

WOORIM ranks 301st on the list of best yielding suburbs for rental properties in QLD, posting a 3.85% return.

WOORIM, 4507 places th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,200,000	$743,500
Growth Report
Median Quarterly	9.09%	0%
Median 12 month	20.91%	7.36%
Median 3 years	47.78%	35.18%
Median 5 years	75.82%	82.23%
10 years average annual	10.9%	9.07%
Weekly media advert. rent	$720	$550
Time on Market	39 days	54.2 days
Gross Rental Yield Percent	3.12%	3.85%

Demographics (Median Values)*

Total Population 1642

Weekly Household Income 599.9

Household Size 2.00

Average 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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