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Woorim, QLD 4507

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$1,165,000

list-price estimate

Median Unit

$810,000

list-price estimate

Gross Yield (houses)

3.3%

1yr Growth (houses)

+18.8%

market range +10.0% to +22.5%

Investment snapshot for Woorim

Woorim has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Woorim market and investor summary

In Woorim, QLD 4507, houses show a gross rental yield of 3.3%. House prices have moved +18.8% over the past year and +25.0% over three years. At 1.3% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.3% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.3% and a resident base that is not shrinking. Houses also take time to sell, around 67 days on market, so plan for a slower exit if you ever need one.

Living in Woorim: people, income and schools

Woorim has a resident population of roughly 1,843, and the area has been growing steadily, up about 9% over five years. The median age is 60, an older, established demographic, and families account for 57% of households.

Households here earn a median of about $48,000 a year, or roughly $930 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). Locally, around 42% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

There are 2 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 48 km from the CBD. It is fairly car-dependent; the suburb scores 42 for walkability and 9 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
1,843
+9% over 5yr
Median age
60 years
Median household income
$48,000/yr
Households renting
29%
Family households
57%
Socio-economic rank
2/10
ABS advantage index
Schools within 5km
2
avg ICSEA 974
Unemployment
4.4%
Distance to CBD
48 km
Walk score
42/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Woorim

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Frequently asked questions about Woorim

What should I check before investing in Woorim?

Woorim has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +18.8% in the past year shows strong recent price momentum. 3-year capital growth of +25.0% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What rental yield does Woorim show?

The gross rental yield in Woorim is 3.3% for houses and 3.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Woorim?

House prices in Woorim are up 18.8% over the past year and up 25.0% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Woorim?

The current vacancy rate in Woorim is 1.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Woorim?

Woorim has a population of approximately 1,843 residents, with a median age of 60.

What schools are near Woorim?

There are 2 schools within roughly 5km of Woorim. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Woorim's population growing?

The population of Woorim has grown about 9% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Woorim from the CBD?

Woorim is about 48 km from the CBD.

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