Woree is a mid-sized suburb in Queensland within the Cairns local government area (postcode 4868). With a population of 5,127, the suburb has an established demographic with a median age of 38. Households earn a median income of $60K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, technicians & trades, labourers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Woree is $528,000, having surged 16.6% over the past year. Units have a median price of $223,000 (+17.4% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,300.
Woree is served by 5 schools, including 2 primary, 2 secondary, 1 special. The average ICSEA score is 937, which is below the national average of 1,000. The crime rate in the Cairns LGA is higher than average at 10,917 incidents per 100,000 population.
From an investment perspective, Woree offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($528K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.8x is considered moderate. House prices have moved +16.6% year-on-year.
Woree is a mid-sized suburb in Queensland within the Cairns local government area (postcode 4868). With a population of 5,127, the suburb has an established demographic with a median age of 38. Households earn a median income of $60K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, technicians & trades, labourers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Woree is $528,000, having surged 16.6% over the past year. Units have a median price of $223,000 (+17.4% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,300.
Woree is served by 5 schools, including 2 primary, 2 secondary, 1 special. The average ICSEA score is 937, which is below the national average of 1,000. The crime rate in the Cairns LGA is higher than average at 10,917 incidents per 100,000 population.
From an investment perspective, Woree offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($528K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.8x is considered moderate. House prices have moved +16.6% year-on-year.