AREA REPORTS

Wakerley

 

 

QLD/
Wakerley

Suburb Profile

Wakerley - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4154

house
unit

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

The 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 $760,000.

The upward trend in home prices in WAKERLEY, 4154 averaged 2.35% per annum over a 3-year period.

Average weekly rents on listings have reached the $580 mark, reflecting a 3.97% increase in returns based on the current median price in WAKERLEY.

An average of 12.08 real estate transactions take place per month in WAKERLEY which translates to 145 per annum.

145 properties were sold in WAKERLEY in 2016, making it the 703rd most active market in QLD based on total real estate transactions.

WAKERLEY, 4154 places 400th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $760,000 $400,000
GROWTH REPORT
Median Quarterly 0.33% 0%
Median 12 month 2.36% -6.98%
Median 3 years 7.04% -5.88%
Median 5 years 15.85% -7.39%
10 years average annual 2.55% 0.17%
Weekly media advert. rent $580 $420
Time on Market 52.9 days 73.6 days
Gross Rental Yield Percent 3.97% 5.46%
demographics (median values)
Total Population
3903
Weekly Household Income
1671
Household Size
3.00
demographics
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