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VIP Market Report for Worongary - October 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. 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. 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.

House Current Median

$730,000 Unit Current Median

NA # Listings last 12 month

12


Recent Ac tivit y Total sales last 12 months

82

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 8 BED 3 BATH 2 CAR 4 TOM LATIMER COURT WORONGARY QLD 4213

$912,000

HOUSE

10/10/20

3 BED 1 BATH 5 CAR 3 NEWHAVEN CRESCENT WORONGARY QLD 4213

$525,000 17/09/20

HOUSE 5 BED 3 BATH 2 CAR 38-40 THE PINNACLE WORONGARY QLD 4213

$1,100,000 08/09/20

HOUSE 6 BED 3 BATH 1 CAR 101 MUDGEERABA ROAD WORONGARY QLD 4213

$570,000

HOUSE

22/08/20

5 BED 3 BATH 2 CAR 8 HUGH GUINEA COURT WORONGARY QLD 4213

$1,030,000 28/08/20

HOUSE 4 BED 2 BATH 2 CAR 7 MARINA COURT WORONGARY QLD 4213

$842,000 16/08/20


HOUSE 3 BED 1 BATH 2 CAR HOUSE

2 LOVELL COURT WORONGARY QLD 4213

4 BED 2 BATH 5 CAR

$510,000

60 QUAMBONE STREET WORONGARY QLD 4213

14/07/20

$822,500 16/07/20

HOUSE 4 BED 2 BATH 2 CAR 47 DELTA COVE DRIVE WORONGARY QLD 4213

$632,000 23/07/20

HOUSE 4 BED 3 BATH 3 CAR 10 ANDAMOOKA AVENUE WORONGARY QLD 4213 UNIT 3 BED 3 BATH 2 CAR 43/12 HANDEL AVENUE WORONGARY QLD 4213

$910,000 03/07/20

HOUSE 4 BED 2 BATH 2 CAR 45 BARRINE DRIVE WORONGARY QLD 4213

$455,000 01/07/20

$740,000 03/07/20


Recent Listings HOUSE 5 BED 2 BATH 6 CAR 5 ALICE BOWDEN COURT WORONGARY QLD 4213

$699,000 PLUS

LAND 3 BED 2 BATH 17 CAR 16 ARTHUR PAYNE COURT WORONGARY QLD 4213 HOUSE

OFFERS OVER $800,000

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

$659,000+

HOUSE 2 BED 1 BATH 2 CAR 5 CURRAGH COURT WORONGARY QLD 4213

MAKE AN OFFER

HOUSE 4 BED 2 BATH 2 CAR 13 QUAMBONE STREET WORONGARY QLD 4213

OFFERS ABOVE $799,000

LAND 3 BED 2 BATH 2 CAR 4 THOMAS DUNCAN COURT WORONGARY QLD 4213

OFFERS OVER $695,000


Rental Statistics

Median Rental Price

Rental Yield

Number of Rentals

$570 /w

5.07%

42

Median Weekly Rent Trends


LJ HOOKER NERANG

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

Prepared on 12 Oct 2020 by LJ Hooker Nerang Sales results and median prices are based on the latest statistical period available (1 Jul - 30 Jun 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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