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Woree, QLD 4868

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

Data updated

Tight Rental MarketStrong Growth

Median House

$710,000

market range $675K-$800K

Median Unit

$345,000

market range $200K-$375K

Gross Yield

-

1yr Growth (houses)

+17.6%

market range +12.5% to +25.0%

Investment snapshot for Woree

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

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Woree market and investor summary

In Woree, QLD 4868, the median house sells for around $710K. House prices have moved +17.6% over the past year. At 0.3% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 0.3% and a resident base that is not shrinking. If you are weighing units rather than houses, a pipeline of new approvals is worth watching as future supply that can hold back apartment price and rent growth.

Living in Woree: people, income and schools

Woree has a resident population of roughly 5,127, a number that has held fairly steady over five years. At a median age of 38, it reads as broadly working-age, with renters making up 52% of households.

The typical household income runs to around $60,000 a year (about $1,150 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 11.9 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.

Families have 21 schools within roughly 5km to choose from, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 15 for walkability and 30 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
5,127
+3% over 5yr
Median age
38 years
Median household income
$60,000/yr
Households renting
52%
Family households
62%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
21
avg ICSEA 862
Unemployment
5.4%
Walk score
15/100

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

Properties in Woree

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Frequently asked questions about Woree

What should I check before investing in Woree?

Woree has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +17.6% in the past year shows strong recent price momentum. Tight rental market (0.3% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Woree?

The median property price in Woree, QLD 4868 is $710K for houses and $345K for units.

What does recent house price growth show for Woree?

House prices in Woree are up 17.6% over the past year. 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 Woree?

The current vacancy rate in Woree is 0.3%. 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 Woree?

Woree has a population of approximately 5,127 residents, with a median age of 38.

What schools are near Woree?

There are 21 schools within roughly 5km of Woree. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Woree affordable to buy in?

A median house in Woree costs about 11.9 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Woree's population growing?

The population of Woree has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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