Property investors who have had real estate in Worongary, 4213 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 increase in value by 5.55%
If we look at median property appreciation over just the last three months, Worongary has given property investors a paper return of 6.97%. This puts Suburb as 214 on a list of fastest fasting appreciating suburbs in QLD
Sellers are offering property buyers an average discount of -6.21% to buyers in Worongary at the moment, which is less than average for the rest of QLD.
At number 435 in a list of fastest selling suburbs, Worongary is in the TOP 20% of suburbs in Australia with an average of days on market 32.6349 for properties listed there.
With the median price for a house in Worongary being $770000 and the advertised rent reaching $662.5 the gross rental yield for property investors calculates out to be 4.47%