QLD/
Wavell heights

Suburb Profile

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

house
unit

Property investors have seen a -1.18% drop in WAVELL HEIGHTS based on a decrease 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 $650,000

Profits averaged 6.42% 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 3.6%.

An average of 18 real estate transactions take place per month in WAVELL HEIGHTS which translates to 216 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $650,000 $370,000
GROWTH REPORT
Median Quarterly -1.18% N/A
Median 12 month 1.56% -5.01%
Median 3 years 19.27% -7.04%
Median 5 years 32.65% -14.94%
10 years average annual 5.35% 2.42%
Weekly media advert. rent $450 $355
Time on Market 49.6 days 118.7 days
Gross Rental Yield Percent 3.6% 4.99%
demographics (median values)
Total Population
8757
Weekly Household Income
1131
Household Size
2.40
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