Suburb Profile Report for Worongary QLD (4213)

Worongary House: Median price $590,000, Annual capital growth 4.77%, Number of sales 126, Weekly median advertised rent $620

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Worongary is in the TOP 20% in QLD when comparing median price capital growth over the last year. Worongary gave property investors a very good capital gain figure when compared to the rest of the state, with 9.26%.

While Worongary,4213 ranked number 448th in QLD for increase in median house value (annualised) increase, it is ranked 223th over the last 5 years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.29% offered to property buyers. Sellers in Worongary itself are offering an average vendor discount of -5.22% to real estate investors.

Using the current median advertised rental of $620 and the average annual increase in value of a median property of 4.77%, investors should hope to achieve an overall return of 5.46%

HOUSE UNIT
$590,000 N/A
0.00% N/A
9.26% N/A
4.77% N/A
$620 N/A
126 N/A
5.46% N/A
54.77 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 5573
Median household income ($/weekly) 1435
Median age of persons 38
Median housing loan repayment ($/monthly) 2080
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 877 15.7
    25-34 years 559 10.0
    35-44 years 822 14.7
    45-54 years 969 17.4
    55-64 years 726 13.0
    Others 1620 29.1
    Age Group
    Census Count Percent(%)
    Registered Married 2096 53.3
    Not Married 1434 36.4
    Defacto Relationship 405 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4015 78.0
    Papua New Guinea 365 7.1
    South Africa 46 0.9
    United Kingdom 331 6.4
    Other 132 2.6
    Others 257 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 63 1.3
    Christianity 3663 74.8
    Hinduism 15 0.3
    Other Religious Groups 19 0.4
    No Religion 1133 23.1
    Others 7 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 134 9.1
    $800-$999 134 9.1
    $1,250-$1,499 137 9.3
    $1,500-$1,999 245 16.7
    $2,000-$2,499 157 10.7
    Others 663 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1583 39.1
    Not in the labour force 1145 28.3
    Employed, worked part-time 956 23.6
    Unemployed, looking for work 200 4.9
    Employed, away from work 163 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 331 12.3
    Professionals 386 14.3
    Technicians & trades workers 475 17.6
    Community & personal service workers 335 12.4
    Clerical & administrative workers 406 15.0
    Others 767 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 80 5.8
    Infants/Primary 540 39.0
    Secondary 443 32.0
    Technical or Further Educational Institution 115 8.3
    University or other Tertiary Institutions 174 12.6
    Others 32 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5041 98.3
    Semi-detached, row or terrace house, townhouse 72 1.4
    House or flat attached to a shop, office 13 0.3
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 928 56.2
    Fully owned 456 27.6
    Rented 259 15.7
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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