Suburb Profile Report for Woree QLD (4868)

Woree House: Median price $338,000, Annual capital growth 0.67%, Number of sales 35, Weekly median advertised rent $363

Woree Unit: Median price $141,000, Annual capital growth -1.11%, Number of sales 69, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Woree, 4868 should be ok 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 4.64%

Over the longer term, Woree has seen property prices show investors a -0.29% return over the last 3 years. This is an improvement over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Woree is offering property investors an average of -6.63. This rate of discount on properties puts Suburb at number 333th in terms of most discounted suburbs in QLD

Residents and property investors in Woree have been waiting around 82.89 days to sell a property.

Woree, 4868’s gross rental yield is 5.58%

Woree, 4868 ranked 137th in QLD when comparing growth in median property values or capital gain over the last 12 months. Woree is one of 2415 in our list for QLD

If we look at median property appreciation over just the last three months, Woree has given property investors a paper return of -3.59%. This puts Suburb as 287 on a list of fastest fasting appreciating suburbs in QLD

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 -8.09% is being offered, which puts this QLD suburb at 158th most discounted overall in Australia.

On average over the past year, suburb has had 5.75 sales per month, which equates to 69 per year.

Metrics i HOUSE UNIT
$338,000 $141,000
-0.29% -3.59%
4.64% 2.55%
0.67% -1.11%
$363 N/A
35 69
5.58% N/A
82.89 111.74

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 4826
Median household income ($/weekly) 872
Median age of persons 33
Median housing loan repayment ($/monthly) 1408
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 665 13.8
    25-34 years 700 14.5
    35-44 years 633 13.1
    45-54 years 577 12.0
    55-64 years 553 11.5
    Others 1698 35.2
    Age Group
    Census Count Percent(%)
    Not Married 1625 52.1
    Registered Married 1069 34.3
    Defacto Relationship 427 13.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3338 79.5
    Papua New Guinea 153 3.6
    Philippines 135 3.2
    United Kingdom 134 3.2
    Other 217 5.2
    Others 224 5.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 46 1.1
    Christianity 2953 73.3
    Islam 34 0.8
    Other Religious Groups 46 1.1
    No Religion 945 23.4
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 217 14.4
    $600-$799 203 13.4
    $800-$999 169 11.2
    $1,000-$1,249 160 10.6
    $1,500-$1,999 153 10.1
    Others 609 40.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1221 37.7
    Not in the labour force 1096 33.8
    Employed, worked part-time 554 17.1
    Unemployed, looking for work 241 7.4
    Employed, away from work 129 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 230 12.1
    Technicians & trades workers 321 16.9
    Clerical & administrative workers 277 14.6
    Sales 238 12.5
    Labourers 270 14.2
    Others 567 29.8
    Occupation
    Census Count Percent(%)
    Pre-school 38 4.4
    Infants/Primary 365 42.2
    Secondary 249 28.8
    Technical or Further Educational Institution 88 10.2
    University or other Tertiary Institutions 99 11.5
    Others 25 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2393 57.5
    Flat, unit or apartment 1280 30.8
    Semi-detached, row or terrace house, townhouse 399 9.6
    Caravan, cabin, houseboat 89 2.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 921 54.3
    Being purchased 416 24.5
    Fully owned 356 21.0
    Other tenure type 4 0.2
    Tenure Type
Census 2011, ABS
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Recent sales & rentals