Wavell Heights has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.63% to date .
The five-year average increase in median property values for Wavell Heights,4012 has given property investors a potential capital gain of 25.27% across each of those five years.
Wavell Heights4012 is located in QLD which offers an average discount of -7.32% to property investors. Wavell Heights itself is showing figures that indicate -6.97% is the average achievable by property buyers investing in the suburb.
In the last year 234 properties changed hands in Wavell Heights, which puts it as the 40th most active market in QLD when comparing the number of sales per suburb.
Situated 8.42km from the CBD, Wavell Heights is one of Brisbane localities in the postcode 4012.
Wavell Heights has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -6.17% to date .
Over the longer term, Wavell Heights has seen property prices show investors a -3.44% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -8.65% to buyers in Wavell Heights at the moment, which is less than average for the rest of QLD.
With the median price for a house in Wavell Heights being $365000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 5.13%