WOORIM ranks 162nd in QLD when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 8.49% for the past year is higher than average compared to its 32.01% growth within a five-year period.
Also in WOORIM, the median home price is sitting at $558,735, and the average rent at $370, this suggests property owners could potentially earn a 3.44% increase in gross rental yield.
Property investors have seen a 8.49% gain in WOORIM based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.98% growth over a ten-year period. It ranks 2464th 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 -0.58% 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 $345,000.
Augmented property values in WOORIM are trailing behind the QLD average of 0.61% for the past year.
Real estate investors could earn a rental income of $332.5 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 82.6 days days before their assets are lifted off the market.
WOORIM ranks 210th on the list of best yielding suburbs for rental properties in QLD, posting a 5.01% return.