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VIP Market Report For Worongary - July 2020

Page 1

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

$715,000

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

33


Recent Activit y Total sales last 12 months

85

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 3 BED 1 BATH 4 CAR 4 SHELDON COURT WORONGARY QLD 4213

$465,000

HOUSE

20/05/20

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

$430,000 19/05/20

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

$965,000 03/04/20

HOUSE 4 BED 2 BATH 3 CAR 21 ALBERT EVANS DRIVE WORONGARY QLD 4213

$800,000

HOUSE

29/06/20

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

$763,000 30/06/20

HOUSE 5 BED 3 BATH 3 CAR 47/12 HANDEL AVENUE WORONGARY QLD 4213

$1,175,000 12/06/20


HOUSE 3 BED 2 BATH 2 CAR 3 BORMAN COURT WORONGARY QLD 4213

$475,000

HOUSE 4 BED 2 BATH 4 CAR 17-19 EBELING COURT WORONGARY QLD 4213

02/04/20

$688,000 22/04/20

HOUSE 3 BED 1 BATH 1 CAR 81 EXPLORERS WAY WORONGARY QLD 4213

$515,000 02/06/20

HOUSE 2 BED 1 BATH 2 CAR 22 ALBERT EVANS DRIVE WORONGARY QLD 4213 HOUSE 5 BED 3 BATH 2 CAR 26 WALKER DRIVE WORONGARY QLD 4213

$845,000 21/03/20

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

$505,000 06/03/20

$555,000 18/03/20


Recent Listings HOUSE 4 BED 3 BATH 3 CAR 10 ANDAMOOKA AVENUE WORONGARY QLD 4213

EXPRESSIONS OF INTEREST HOUSE 3 BED 1 BATH 2 CAR 2 LOVELL COURT WORONGARY QLD 4213 HOUSE

$529,000

4 BED 2 BATH 2 CAR 2 RIDE COURT WORONGARY QLD 4213

OFFERS OVER $599,000

HOUSE 5 BED 4 BATH 10 CAR 241 SAN FERNANDO DRIVE WORONGARY QLD 4213

EXPRESSIONS OF

HOUSE 3 BED 1 BATH 2 CAR 45 BARRINE DRIVE WORONGARY QLD 4213

AUCTION

HOUSE 3 BED 1 BATH 2 CAR 20 RUSHWORTH STREET WORONGARY QLD 4213

$629,000 - $659,000


Rental Statistics

Median Rental Price

Rental Yield

Number of Rentals

$595 /w

5.1%

60

Median Weekly Rent Trends


LJ HOOKER NERANG nerang@ljhooker.com.au 07 55814422 2-4 New Street Nerang nerang.ljhooker.com.au

Prepared on 9 Jul 2020 by LJ Hooker Nerang Sales results and median prices are based on the latest statistical period available (1 Apr - 31 Mar 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. Based on or contains data provided by the State of Queensland (Department of Natural Resources and Mines) 2020. In consideration of the State permitting use of this data you acknowledge and agree that the State gives no warranty in relation to the data (including accuracy, reliability, completeness, currency or suitability) and accepts no liability (including without limitation, liability in negligence) for any loss, damage or costs (including consequential damage) relating to any use of the data. Data must not be used for direct marketing or be used in breach of the privacy laws.


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