Wavell Heights, 4012 ranked 493th in QLD when comparing growth in median property values or capital gain over the last 12 months. Wavell Heights is one of 2415 in our list for QLD
Across a shorter period, Wavell Heights, 4012 has seen a median price increase of -1.18% over the last quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.05% offered to property buyers. Sellers in Wavell Heights itself are offering an average vendor discount of -6.64% to real estate investors.
In the last year 216 properties changed hands in Wavell Heights, which puts it as the 51th most active market in QLD when comparing the number of sales per suburb.
Situated 8.56km from the CBD, Wavell Heights is one of Brisbane localities in the postcode 4012.
Wavell Heights is in the bottom 30% in QLD when comparing median price capital growth over the last year. Wavell Heights gave property investors a disappointing capital gain figure when compared to the rest of the state, with -5.01%.
Taking the average capital gain, or increase in median house value, Wavell Heights,4012 has racked up an average of -5.01% over the period. This ranks it number 1526th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Wavell Heights 4012 should be seeing an average reduction in asking price of around -7.40% . This means that Wavell Heights is holding prices well when compared to other suburbs in QLD.
In the last year 20 properties changed hands in Wavell Heights, which puts it as the 306th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $355 mark per week – giving a return of 4.99% based on the median price in Suburb