Property investors who have had real estate in Woree, 4868 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -8.14%
If we look at median property appreciation over just the last three months, Woree has given property investors a paper return of -2.99%. This puts Suburb as 723 on a list of fastest fasting appreciating suburbs in QLD
Sellers are offering property buyers an average discount of -9.56% to buyers in Woree at the moment, which is less than average for the rest of QLD.
Advertised rents are around the $350 mark per week – giving a return of 5.60% based on the median price in Suburb
Woree, 4868 ranked 100th in QLD when comparing growth in median property values or capital gain over the last 12 months. Woree is one of 2415 in our list for QLD
Comparing Woree,4868 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Our latest figures would indicate that property sellers in Woree are currently offering property investors an average price cut of -9.84% below the asking price at the moment.
Situated 1384.10km from the CBD, Woree is one of Cairns localities in the postcode 4868.