Worongary is a mid-sized suburb in Queensland within the Gold Coast local government area (postcode 4213). With a population of 6,021, the suburb has an established demographic with a median age of 40. Households earn a median income of $112K per year, with an average household size of 3.1 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Worongary is $1.4 million, having risen modestly 1.8% over the past year. Units have a median price of $1.1 million (+78.2% YoY). The current median weekly rent is $1200. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $2,153.
Worongary is served by 1 school, including 1 primary. The average ICSEA score is 994, which is around the national average of 1,000. Public transport access includes 16 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Worongary offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.1M). The price-to-income ratio of 12.7x is considered stretched. House prices have moved +1.8% year-on-year.
Worongary is a mid-sized suburb in Queensland within the Gold Coast local government area (postcode 4213). With a population of 6,021, the suburb has an established demographic with a median age of 40. Households earn a median income of $112K per year, with an average household size of 3.1 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Worongary is $1.4 million, having risen modestly 1.8% over the past year. Units have a median price of $1.1 million (+78.2% YoY). The current median weekly rent is $1200. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $2,153.
Worongary is served by 1 school, including 1 primary. The average ICSEA score is 994, which is around the national average of 1,000. Public transport access includes 16 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Worongary offers a gross rental yield of 4.4%, rated as moderate yield. Property prices are near the state median ($1.4M/$1.1M). The price-to-income ratio of 12.7x is considered stretched. House prices have moved +1.8% year-on-year.