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 2.32%
Wavell Heights,4012 has offered an average of 2.32% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Wavell Heights 4012 should be seeing an average reduction in asking price of around -5.10% . This means that Wavell Heights is holding prices well when compared to other suburbs in QLD.
Situated 8.60km from the CBD, Wavell Heights is one of Brisbane localities in the postcode 4012.
Giving property investors a a poor capital gain of -11.95% for the last year, Wavell Heights, 4012 is the 1608th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Wavell Heights,4012 has racked up an average of -11.95% over the period. This ranks it number 1071th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wavell Heights, 4012. Typically our figures indicate that -6.48% is being offered, which puts this QLD suburb at 352th most discounted overall in Australia.
Often selling an investment property can take time, and in Wavell Heights the average time real estate has been on the market is 93.61 days.
The QLD suburb of Wavell Heights, 4012 is in the Brisbane local government area.