Suburb Profile Report for Worongary QLD (4213)

Worongary House: Median price $617,500, Annual capital growth 3.28%, Number of sales 71, Weekly median advertised rent $570

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

With a capital gain of -1.98% for the last 12 months, Worongary, 4213 has performed for property investments than its average annual 3.28% property growth over the last 5 years.

While Worongary,4213 ranked number 35th in QLD for increase in median house value (annualised) increase, it is ranked 122th over the last 5 years.

Our latest figures would indicate that property sellers in Worongary are currently offering property investors an average price cut of -6.30% below the asking price at the moment.

On average over the past year, suburb has had 5.92 sales per month, which equates to 71 per year.

A $570 per week rent on the median house gives suburb investors a gross yield of circa 4.80%, without taking into account capital value appreciation, which has been averaging out at 3.28%.

Metrics i HOUSE UNIT
$617,500 N/A
10.07% N/A
-1.98% N/A
3.28% N/A
$570 N/A
71 N/A
4.80% N/A
67.5645161290323 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 5573
Median household income ($/weekly) 1435
Median age of persons 38
Median housing loan repayment ($/monthly) 2080
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 877 15.7
    25-34 years 559 10.0
    35-44 years 822 14.7
    45-54 years 969 17.4
    55-64 years 726 13.0
    Others 1620 29.1
    Age Group
    Census Count Percent(%)
    Registered Married 2096 53.3
    Not Married 1434 36.4
    Defacto Relationship 405 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4015 78.0
    Papua New Guinea 365 7.1
    South Africa 46 0.9
    United Kingdom 331 6.4
    Other 132 2.6
    Others 257 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 63 1.3
    Christianity 3663 74.8
    Hinduism 15 0.3
    Other Religious Groups 19 0.4
    No Religion 1133 23.1
    Others 7 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 134 9.1
    $800-$999 134 9.1
    $1,250-$1,499 137 9.3
    $1,500-$1,999 245 16.7
    $2,000-$2,499 157 10.7
    Others 663 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1583 39.1
    Not in the labour force 1145 28.3
    Employed, worked part-time 956 23.6
    Unemployed, looking for work 200 4.9
    Employed, away from work 163 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 331 12.3
    Professionals 386 14.3
    Technicians & trades workers 475 17.6
    Community & personal service workers 335 12.4
    Clerical & administrative workers 406 15.0
    Others 767 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 80 5.8
    Infants/Primary 540 39.0
    Secondary 443 32.0
    Technical or Further Educational Institution 115 8.3
    University or other Tertiary Institutions 174 12.6
    Others 32 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5041 98.3
    Semi-detached, row or terrace house, townhouse 72 1.4
    House or flat attached to a shop, office 13 0.3
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 928 56.2
    Fully owned 456 27.6
    Rented 259 15.7
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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