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Wynnum West
AREA REPORTS

Wynnum West

Wynnum West - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4178

house
unit

Based on its average 5-year and quarterly capital gains WYNNUM WEST, 4178 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that WYNNUM WEST, 4178 obtained a 4.1% growth over a ten-year period. It ranks 2468th on our list of suburbs that property investors should look into.

WYNNUM WEST, 4178 in QLD belongs to the local government area of Brisbane (C).

WYNNUM WEST, 4178 has a capital gain of 13.56% for the past year, which is higher than average compared to its 25.07% growth within a five-year period.

With the median home price in WYNNUM WEST sitting at $629,100, and the average rent at $490, property owners could potentially earn a 4.05% increase in gross rental yield.

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

Data report can be found below

Wynnum West
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $629,100 $370,000
GROWTH REPORT
Median Quarterly 4.85% 4.96%
Median 12 month 13.56% 5.71%
Median 3 years 16.72% 7.25%
Median 5 years 25.07% 8.19%
10 years average annual 4.1% 1.08%
Weekly media advert. rent $490 $390
Time on Market 32.8 days 33.3 days
Gross Rental Yield Percent 4.05% 5.48%
demographics (median values)*
Total Population
10756
Weekly Household Income
1040
Household Size
2.50
Age
38
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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