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%