SOLD
Sold on 25 Jul 2024 for $3,000,000

566-568 Bruce Highway
Woree QLD 4868

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1424m2
Sold By
Garry Walker & Associates - EARLVILLE
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Property Details for 566-568 Bruce Hwy, Woree

Building Type
Commercial
Land Size
1424m2
Local Government
Cairns Regional
Lot/Plan
7/SP251556

Last Listing description (June 2012)

*** UNDER CONTRACT ***
PRIME COMMERCIAL DEVELOPMENT SITE
Situated on the Bruce Highway at Woree in a high visibility location. This commercially zoned property offers a rare development opportunity in a prime position.

The property is 696m2 with 20 metres of frontage onto the highway. An old timber low-set home is currently erected. The adjoining property of 728 m2 is also offered For Sale giving 1424 m2 of land, all zoned commercial, with 40 metres of road frontage.
Please phone for more details 07 40332033.
The sustainability declaration for this property can be obtained by contacting the agent.

Property History for 566-568 Bruce Hwy, Woree, QLD 4868

A timeline of how this property has performed in the market
Last Sold
$3,000,000
25 Jul 2024
  • 25 Jul 2024
    Sold for $3,000,000
  • 16 Mar 2012
    Listed for Sale $339,000
  • 13 Mar 2004
    Listed for Sale Not Disclosed

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About Woree 4868

The size of Woree is approximately 5.8 square kilometres. It has 10 parks covering nearly 27.5% of total area. The population of Woree in 2011 was 4,826 people. By 2016 the population was 4,822 showing a population decline of 0.1% in the area during that time. The predominant age group in Woree is 20-29 years. Households in Woree are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Woree work in a trades occupation. In 2011, 44% of the homes in Woree were owner-occupied compared with 42.8% in 2016.

Woree has 2,875 properties. Over the last 5 years, Houses in Woree have seen a 63.32% increase in median value, while Units have seen a 80.79% increase. As at 31 October 2024:

  • The median value for Houses in Woree is $511,006 while the median value for Units is $247,042.
  • Houses have a median rent of $510 while Units have a median rent of $375.
There are currently 24 properties listed for sale, and 11 properties listed for rent in Woree on OnTheHouse. According to CoreLogic's data, 119 properties were sold in the past 12 months in Woree.

Suburb Insights for Woree 4868

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.