Wakerley

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $442,500.

Average median unit prices in QLD have risen as a whole, pulling WAKERLEY, 4154 values up and netting property investors a capital gain of 14.19% for the past year.

Investors saw the median home price rise to $442,500.

The upward trend in home prices in WAKERLEY, 4154 averaged 3.77% per annum over a 3-year period.

WAKERLEY now ranks at the 102nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in WAKERLEY are high, as opposed to average gains per annum over the past five years.

Real estate investors could earn a rental income of $430 based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In WAKERLEY, homes and units usually stay on listing for an average of 59.9 days.

57 properties were sold in WAKERLEY in 2016, making it the 72nd most active market in QLD based on total real estate transactions.