Powered by MOMENTUM MEDIA
Woree
AREA REPORTS

Woree

Woree - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4868

house
unit

WOREE, 4868 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling WOREE, 4868 values up and netting property investors a capital gain of 29.03% for the past year.

Investors saw the median home price rise to $400,000.

Profits due to an upward trend in home prices in the suburb averaged 11.11% per annum over a 3-year period.

WOREE now ranks at the 249th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in WOREE are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $350 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In WOREE, homes and units usually stay on listing for an average of 47.4 days.

In 2016, 51 properties were sold in WOREE during the past year, making it the 231st most active market in QLD based on total real estate transactions.

Data report can be found below

Woree
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $400,000 $145,000
GROWTH REPORT
Median Quarterly 6.67% 6.62%
Median 12 month 29.03% 16%
Median 3 years 33.33% 14.4%
Median 5 years 15.94% 18.49%
10 years average annual 2.88% 1.42%
Weekly media advert. rent $350 $270
Time on Market 47.4 days 70.2 days
Gross Rental Yield Percent 4.55% N/A
demographics (median values)*
Total Population
4377
Weekly Household Income
879.6
Household Size
2.40
Age
34
Monthly Loan Repayment
1083
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.