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Investment Property Woree, QLD, 4868

Suburb Snapshot

Woree is a suburb in the Cairns Region of Queensland. Woree has a population of 4,818 people and 40.63% of its occupants live in rental accommodation. The median listing price for houses is $570,000 and this has changed 14.22% over the past year and changed 26.66% over 2 years.

The median rent in Woree for houses is $510 per week and the median rental yield is 4.65%. Stock on the market for houses/townhouses has changed -5.56% compared to last year and the average time to sell a house/townhouse is 66 days.The median listing price for units is $294,500 and this has changed 47.25% over the past year. The average unit takes 82 days to sell and the median rent for a unit in Woree is $420 per week, producing a rental yield of 7.41%.

Supply & Demand in Woree, Cairns

0.81%

Current vacancy rate


22

Rental stock available


4,818

Population


40.63%

Rental population


0.76%

Current vacancy rate


617

Rental stock available


156,898

Population


32.50%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Woree, Cairns

  House Townhouses Units
Median listing price $570,000 NA $294,500
Median price change - last quarter 0.00% NA 0.85%
Median price change - 1 year 14.22% NA 47.25%
Median price change - 2 years 26.66% NA 51.02%
  House Townhouses Units
Median weekly rent $510 $390 $420
Median yield % 4.65% NA 7.41%
Median rent change - 1 year 0.00% 8.33% 23.52%
  House Units
Previous month sales 4 2
Stock on market previous month 17 17
Stock variance vs. last year -5.56% 21.43%
Average days on market 66 82

Woree investment property listings

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