City of Moreton Bay – Bribie Island – Buyer’s Agent Suburb Report: Woorim, QLD

November 14, 2024 |

Bribie-Island-Woorim-Moreton-bay-city

Date Prepared: 14th November 2024
Sources: Attached PDF (Pricefinder), ABS, Landchecker, Your Investment Property Magazine, Walkscore, TMR Queensland, Domain, and Google (for parks).


Overview

Woorim, located on the eastern side of Bribie Island, is a beachside suburb renowned for its pristine beaches, recreational opportunities, and laid-back coastal lifestyle. With a mix of residential charm and natural beauty, Woorim is a sought-after destination for both permanent residents and holidaymakers.


Demographics

  • Population: Approximately 1,900 (2021 Census, ABS).
  • Median Age: 52 years, indicating a mature, family-friendly, and retiree-oriented population.
  • Dwelling Type: Predominantly standalone houses with holiday accommodations and units.
  • Ownership: High ownership rates, reflecting long-term residential stability.

Property Market (2024)

Houses

  • Median Sale Price: $927,500 (+4.8% annual growth).
  • Median Weekly Rent: $580.
  • Rental Yield: 3.3%.
  • Sales Volume: 26 house sales in the past 12 months.

Units

  • Median Sale Price: $595,000 (+11.7% annual growth).
  • Median Weekly Rent: $450.
  • Rental Yield: 3.9%.

Long-Term Trends (2006–2024)

Woorim’s housing market has grown consistently over the past 18 years, with the median house price increasing from $400,000 in 2006 to $927,500 in 2024. This represents an average annual growth rate of approximately 5.4%.

Recent Notable Sales

  • 13 Murray Street: Sold for $1,200,000 (Oct 2024).
  • 83 Arcadia Avenue: Sold for $1,010,000 (Sep 2024).
  • 49 North Street: Sold for $1,315,000 (Aug 2024).

Source: Pricefinder, Your Investment Property Magazine.


Education

Woorim provides access to educational facilities on Bribie Island and nearby areas:

  • Primary Schools:
    • Bribie Island State School.
  • Secondary Schools:
    • Bribie Island State High School.
  • Private Schools:
    • St. Columban’s College (nearby in Caboolture).

Source: Queensland Department of Education, Landchecker.


Amenities and Lifestyle

Shopping

  • Woorim Beach Shops: Offers essential services, cafes, and boutique stores.
  • Nearby Options: Bribie Island Shopping Centre features larger retail and dining facilities.

Parks and Recreation

  • Woorim Beach: A popular spot for swimming, surfing, and fishing.
  • Bribie Island National Park: Offers walking trails, birdwatching, and camping opportunities.
  • Lighthouse Reach Reserve: A tranquil area for picnics and coastal views.

Source: Google, Walkscore.


Transport and Accessibility

  • Road Network:
    • Connected via Bribie Island Road, providing access to Caboolture and the Bruce Highway.
  • Public Transport:
    • Limited bus services connect Woorim to other parts of Bribie Island.
  • Walkability:
    • High; most amenities and parks are within walking distance.

Source: TMR Queensland, Walkscore.


Recent and Planned Developments

  • Residential Growth: Development of modern homes and holiday accommodations to meet growing demand.
  • Community Investments: Enhancements to parks, recreational facilities, and beach infrastructure.

Source: Pricefinder, Your Investment Property Magazine.


Community and Employment

  • Employment Sectors:
    • Tourism, healthcare, retail, and education dominate the local job market.
  • Community Activities:
    • Local events, surf carnivals, and farmers’ markets bring residents together.

Source: ABS, Your Investment Property Magazine.


Key Statistics at a Glance

MetricValue
Population~1,900 (2021 Census).
Median House Price (2024)$927,500.
Median Rent (Houses)$580/week.
Rental Yield (Houses)3.3%.
Median Unit Price (2024)$595,000.
Median Rent (Units)$450/week.
Rental Yield (Units)3.9%.
Notable ParksWoorim Beach, Bribie Island National Park, Lighthouse Reach Reserve.
Transport AccessBribie Island Road, limited bus services.

Conclusion

Woorim offers a perfect blend of coastal charm, recreational opportunities, and a vibrant community atmosphere. Its strong property market and proximity to natural attractions make it an appealing location for families, retirees, and investors seeking long-term growth potential.

We hope that you have found City of Moreton Bay – Bribie Island – Buyer’s Agent Suburb Report: Woorim, QLD helpful.

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