Property value increases in Wakerley have tracked just higher than the QLD average of 2.22% over the last 12 months.
Wakerley,4154 was ranked 2820 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Wakerley should be aiming for at least -3.84% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Wakerley the average time real estate has been on the market is 50.09 days.
Situated 12.69km from the CBD, Wakerley is one of Brisbane localities in the postcode 4154.
Property value increases in Wakerley have tracked just higher than the QLD average of 1.23% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Wakerley comes in at number 270th in QLD.
LACK OF BUYER INTEREST may well be the reason that Wakerley is offering property investors an average of -5.79. This rate of discount on properties puts Suburb at number 310th in terms of most discounted suburbs in QLD
In the last year 36 properties changed hands in Wakerley, which puts it as the 214th most active market in QLD when comparing the number of sales per suburb.
Wakerley is 222th on a list of best yielding suburbs for rents in QLD with a 5.14% return