With a capital gain of 4.23% for the last 12 months, Wakerley, 4154 has performed for property investments than its average annual 5.75% property growth over the last 5 years.
Over the longer term, Wakerley has seen property prices show investors a 11.78% return over the last 3 years. This is worse than over the last 12 months
At number 800th of QLD’s most discounted properties, Wakerley is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Wakerley the average time real estate has been on the market is 54.11 days.
With the median price for a house in Wakerley being $740000 and the advertised rent reaching $550 the gross rental yield for property investors calculates out to be 3.86%
Property investors who have had real estate in Wakerley, 4154 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.06%
While Wakerley,4154 ranked number 73th in QLD for increase in median house value (annualised) increase, it is ranked 150th over the last 5 years.
Our latest figures would indicate that property sellers in Wakerley are currently offering property investors an average price cut of -2.10% below the asking price at the moment.