AREA REPORTS

Wavell Heights

Suburb Profile

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

house
unit

Property investors have seen a -0.71% 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 $696,000

Profits averaged 3.64% 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 3.36%.

An average of 15.33 real estate transactions take place per month in WAVELL HEIGHTS which translates to 184 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $696,000 $405,000
GROWTH REPORT
Median Quarterly -0.71% -1.22%
Median 12 month 3.88% 9.46%
Median 3 years 10.92% -6.9%
Median 5 years 34.49% 13.64%
10 years average annual 4.15% 0.53%
Weekly media advert. rent $450 $375
Time on Market 69.3 days 48.0 days
Gross Rental Yield Percent 3.36% 4.81%
demographics (median values)
Total Population
8757
Weekly Household Income
1131
Household Size
2.40
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Wood house, incentives

Big incentives for property investors under new housing package

As part of its housing affordability plans, the federal opposition has announced its plans to incentivise property investors should it come ...

House for sale

Summer buying opportunities crop up in big markets

The majority of Australia’s capital cities recorded value declines over the last week, new data reveals. ...

Off the plan development

How property developers can win in a softening market

Despite the current marketing softening, there is still space for developers and investors to find solid returns if they're strategic with t...

Piggy bank

Saving for a property purchase over the holidays

Over the holiday season, it can be more difficult to keep control over your spending. However, saving for a property doesn’t mean you have...

Lending money

Investment tip: How to pick a lender in today’s tight credit environment

Amid a tight lending environment and the financial services royal commission, should investors continue to seek financing from major banks o...

Office space

Office investment in Melbourne is boosting resi investment

Melbourne has been listed as an international investment hotspot and its increase in office investment is helping push up residential invest...