Suburb Profile Report for Woorim QLD (4507)

Woorim House: Median price $530,000, Annual capital growth 3.31%, Number of sales 22, Weekly median advertised rent $355

Woorim Unit: Median price $346,250, Annual capital growth 0.93%, Number of sales 28, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 23.11% for the last 12 months, Woorim, 4507 has performed for property investments than its average annual 3.31% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Woorim,4507 has racked up an average of 23.11% over the period. This ranks it number 1216th in the whole country for real estate investors looking at median house price increases.

At number 523th of QLD’s most discounted properties, Woorim is in the TOP 40% of the state/territory when listing in order of most discounted to least.

Situated 47.14km from the CBD, Woorim is one of Moreton Bay localities in the postcode 4507.

Investment property in Woorim has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.09%

If we look at median property appreciation over just the last three months, Woorim has given property investors a paper return of 9.92%. This puts Suburb as 20 on a list of fastest fasting appreciating suburbs in QLD

Property buyers and investors in Woorim 4507 should be seeing an average reduction in asking price of around -5.07% . This means that Woorim is holding prices well when compared to other suburbs in QLD.

Using the current median advertised rental of $330 and the average annual increase in value of a median property of 0.93%, investors should hope to achieve an overall return of 4.96%

HOUSE UNIT
$530,000 $346,250
16.48% 9.92%
23.11% 1.09%
3.31% 0.93%
$355 $330
22 28
3.48% 4.96%
81.73 93.13

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 1765
Median household income ($/weekly) 679
Median age of persons 55
Median housing loan repayment ($/monthly) 1500
Average household size 2
  • Census Count Percent(%)
    35-44 years 167 9.5
    45-54 years 225 12.7
    55-64 years 336 19.0
    65-74 years 346 19.6
    75-84 years 168 9.5
    Others 523 29.6
    Age Group
    Census Count Percent(%)
    Registered Married 614 46.1
    Not Married 600 45.1
    Defacto Relationship 117 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1244 78.5
    New Zealand 14 0.9
    Papua New Guinea 78 4.9
    United Kingdom 128 8.1
    Other 56 3.5
    Others 65 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 12 0.8
    Christianity 1088 71.9
    Hinduism 31 2.0
    Islam 8 0.5
    No Religion 369 24.4
    Others 6 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 96 13.3
    $400-$599 164 22.8
    $600-$799 111 15.4
    $800-$999 72 10.0
    $1,000-$1,249 51 7.1
    Others 226 31.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 802 57.2
    Employed, worked full-time 278 19.8
    Employed, worked part-time 219 15.6
    Unemployed, looking for work 63 4.5
    Employed, away from work 39 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 102 19.0
    Technicians & trades workers 80 14.9
    Community & personal service workers 81 15.1
    Sales 63 11.7
    Labourers 71 13.2
    Others 141 26.2
    Occupation
    Census Count Percent(%)
    Pre-school 10 3.8
    Infants/Primary 94 36.0
    Secondary 87 33.3
    Technical or Further Educational Institution 36 13.8
    University or other Tertiary Institutions 25 9.6
    Others 9 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1112 70.8
    Flat, unit or apartment 308 19.6
    Caravan, cabin, houseboat 113 7.2
    Semi-detached, row or terrace house, townhouse 38 2.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 337 44.1
    Rented 313 41.0
    Being purchased 105 13.7
    Other tenure type 9 1.2
    Tenure Type
Census 2011, ABS
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Recent sales & rentals