If you compare the increase in value of investment property in Woorim, 4507 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -13.04%.
A 26.42% growth in median value for property investors in Woorim,4507 puts this suburb at number 853th in terms of best performing suburbs in QLD
Property investors looking for a bargain in Woorim should be aiming for at least -8.02% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Woorim being $500000 and the advertised rent reaching $405 the gross rental yield for property investors calculates out to be 4.21%
Over the last year, property investments in Woorim, 4507 have given investors a capital gain of 7.53%. This compares very favourably with the -0.57% for QLD as a whole.
Woorim,4507 has offered an average of 7.53% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -8.68% to buyers in Woorim at the moment, which is less than average for the rest of QLD.
In the last year 20 properties changed hands in Woorim, which puts it as the 231th most active market in QLD when comparing the number of sales per suburb.