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Wynnum
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Wynnum

Wynnum - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4178

house
unit

Homeowners and real estate investors betting on WYNNUM, 4178 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 32.41%.

A steady increase in median property prices over a five-year period in the suburb translates to a 47.69% capital gain.

Property investors in WYNNUM enjoyed capital gains of 32.41% over the last 12 months translating to lower returns compared with its peers in the territory.

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 $960,000.

Profits due to an upward trend in home prices there averaged 15.9% per annum over a 3-year period.

Home owners selling their properties and realtors in WYNNUM usually have to wait an average of 28.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $550 mark, reflecting a 2.98% increase in returns based on the current median price in WYNNUM.

WYNNUM, 4178 places 408th in Australia based on median property value growth during the quarter.

Data report can be found below

Wynnum
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $960,000 $505,000
GROWTH REPORT
Median Quarterly 5.55% 3.06%
Median 12 month 32.41% 9.19%
Median 3 years 47.69% 18.82%
Median 5 years 56.73% 10.02%
10 years average annual 7.65% 3.6%
Weekly media advert. rent $550 $450
Time on Market 28.3 days 39.7 days
Gross Rental Yield Percent 2.98% 4.63%
demographics (median values)*
Total Population
11718
Weekly Household Income
983.5
Household Size
2.40
Age
39
Monthly Loan Repayment
1500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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string(24) "Profile:WYNNUM State:QLD"

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