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%.