VIP Market Report - Worongary April 2020

Suburb Repor t Worongar y QLD 4213

Worongar y QLD 4213

The size of Worongary is approximately 14.1 square kilometres.

It has 31 parks covering nearly 5.7% of total area.

The population of Worongary in 2011 was 5,573 people.

House Current Median

$725,000

By 2016 the population was 5,630 showing a population growth of 1.0% in the area during that time.

The predominant age group in Worongary is 50-59 years.

Households in Worongary are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments.

Unit Current Median

NA

In general, people in Worongary work in a trades occupation.

In 2011, 82.2% of the homes in Worongary were owner-occupied compared with 83.1% in 2016.

# Listings last 12 month

32

Recent Activit y Total sales last 12 months

80

Why is recent activity important to me?

Recent sales activity provides insight into the current market condition. Many more sales than listings may indicate an undersupplied market, while conversely, more listings could indicate an over-supplied market with buyers in the driving seat.

Recent Sales HOUSE 6 BED 4 BATH 2 CAR 18 GROSVENOR COURT WORONGARY QLD 4213 HOUSE

UNDISCLOSED 24/03/20

3 BED 2 BATH 2 CAR 21 EXPLORERS WAY WORONGARY QLD 4213

$550,000 04/03/20

HOUSE 3 BED 2 BATH 2 CAR 14 DORRIGO DRIVE WORONGARY QLD 4213

$552,000 20/01/20

HOUSE 3 BED 2 BATH 7 CAR 9 ALBERT EVANS DRIVE WORONGARY QLD 4213

$917,500

HOUSE

12/03/20

4 BED 2 BATH 1 CAR 4 GLENN COURT WORONGARY QLD 4213

$550,000 07/02/20

HOUSE 3 BED 1 BATH 2 CAR 14 CARPENTER COURT WORONGARY QLD 4213

$505,000 20/03/20

HOUSE 5 BED 3 BATH 12 CAR 21 HUGH GUINEA COURT WORONGARY QLD 4213

$1,330,000

HOUSE 5 BED 3 BATH 2 CAR 152 WORONGARY ROAD WORONGARY QLD 4213

15/01/20

$950,000 30/12/19

HOUSE 4 BED 2 BATH 1 CAR 6 IDA COURT WORONGARY QLD 4213

UNDISCLOSED 12/03/20

HOUSE 4 BED 2 BATH 2 CAR 146 SAN FERNANDO DRIVE WORONGARY QLD 4213 HOUSE 4 BED 2 BATH 4 CAR 60A THREDBO DRIVE WORONGARY QLD 4213

$625,000 16/12/19

HOUSE 3 BED 2 BATH 5 CAR 3 YAMPI PLACE WORONGARY QLD 4213

$550,000 26/11/19

$822,000 04/12/19

Recent Listings HOUSE 3 BED 1 BATH 4 CAR 4 SHELDON COURT WORONGARY QLD 4213

$439,000-$469,000

HOUSE 3 BED 1 BATH 2 CAR 5 LOVELL COURT WORONGARY QLD 4213 HOUSE

$439,000-$469,000

3 BED 1 BATH 1 CAR 17 KAMBALDA COURT WORONGARY QLD 4213

OFFERS OVER $469,000

HOUSE 5 BED 2 BATH 2 CAR 2/203 SAN FERNANDO DRIVE WORONGARY QLD 4213

$995,000

HOUSE 5 BED 5 BATH 6 CAR 241 SAN FERNANDO DRIVE WORONGARY QLD 4213

HOUSE 4 BED 2 BATH 5 CAR 17 THE PINNACLE WORONGARY QLD 4213

$829,000

Rental Statistics

Median Rental Price

Rental Yield

Number of Rentals

$595 /w

5.12%

63

Median Weekly Rent Trends

LJ HOOKER NERANG

nerang@ljhgc.com.au 2-4 New Street Nerang

Prepared on 20 Apr 2020 by LJ Hooker Nerang Sales results and median prices are based on the latest statistical period available (1 Feb - 31 Jan 2020). Š 2020 Copyright RP Data Pty Limited, Local, State, Commonwealth Govt. All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials at this site is permitted. The information provided is deemed reliable but not guaranteed.

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