Woree has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -9.37% to date .
Comparing Woree,4868 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Woree are currently offering property investors an average price cut of -9.62% below the asking price at the moment.
With the median price for a house in Woree being $324000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.62%
Property value increases in Woree have tracked just lower than the QLD average of 0.65% over the last 12 months.
While Woree,4868 ranked number 249th in QLD for increase in median house value (annualised) increase, it is ranked 273th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Woree, 4868. Typically our figures indicate that -10.24% is being offered, which puts this QLD suburb at 52th most discounted overall in Australia.
In the last year 46 properties changed hands in Woree, which puts it as the 186th most active market in QLD when comparing the number of sales per suburb.