QLD/
Wavell heights

Suburb Profile

Wavell Heights - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4012

house
unit

Property investors have seen a 2.27% gain in WAVELL HEIGHTS based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains WAVELL HEIGHTS, 4012 saw average growth in the long term.

The QLD suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $675,000

Profits averaged 6.04% per annum over a 3-year period, due to an upward trend in home prices in WAVELL HEIGHTS, 4012.

This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

The gross rental yield in WAVELL HEIGHTS, 4012 is 3.47%.

An average of 17.92 real estate transactions take place per month in WAVELL HEIGHTS which translates to 215 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $675,000 $370,000
GROWTH REPORT
Median Quarterly 2.27% N/A
Median 12 month 4.22% 0%
Median 3 years 18.11% -14.65%
Median 5 years 37.76% 2.78%
10 years average annual 4.79% 1.61%
Weekly media advert. rent $450 $365
Time on Market 55.8 days 114.2 days
Gross Rental Yield Percent 3.47% 5.13%
demographics (median values)
Total Population
8757
Weekly Household Income
1131
Household Size
2.40
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