Investment property in Wavell Heights has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.15%
Taking the average capital gain, or increase in median house value, Wavell Heights,4012 has racked up an average of 3.15% over the period. This ranks it number 1868th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Wavell Heights is $655000, with sellers offering an average of -6.74% off the asking price.
At number 773 in a list of fastest selling suburbs, Wavell Heights is in the TOP 30% of suburbs in Australia with an average of days on market 53.6 for properties listed there.
Wavell Heights is 652th on a list of best yielding suburbs for rents in QLD with a 3.57% return
Wavell Heights has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -7.71% to date .
Wavell Heights,4012 has offered an average of -7.71% return per annum in house price rises to property investors over the last three years.
Wavell Heights4012 is located in QLD which offers an average discount of -6.08% to property investors. Wavell Heights itself is showing figures that indicate -7.40% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.
Wavell Heights is 214th on a list of best yielding suburbs for rents in QLD with a 5.09% return