Suburb Profile Report for Wakerley QLD (4154)

Wakerley House: Median price $734,000, Annual capital growth 5.55%, Number of sales 160, Weekly median advertised rent $550

Wakerley Unit: Median price $425,000, Annual capital growth 1.67%, Number of sales 36, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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

HOUSE UNIT
$734,000 $425,000
-0.81% 0.59%
4.86% 4.42%
5.55% 1.67%
$550 $420
160 36
3.90% 5.14%
50.09 64.25

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 7802
Median household income ($/weekly) 2280
Median age of persons 33
Median housing loan repayment ($/monthly) 2600
Average household size 3.1
  • Census Count Percent(%)
    0-4 years 947 12.1
    5-14 years 1343 17.2
    25-34 years 1164 14.9
    35-44 years 1688 21.6
    45-54 years 959 12.3
    Others 1703 21.8
    Age Group
    Census Count Percent(%)
    Registered Married 3262 63.2
    Not Married 1400 27.1
    Defacto Relationship 499 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 5356 70.8
    Papua New Guinea 492 6.5
    South Africa 310 4.1
    United Kingdom 599 7.9
    Other 286 3.8
    Others 521 6.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 63 0.9
    Christianity 5530 75.0
    Hinduism 91 1.2
    Islam 60 0.8
    No Religion 1588 21.5
    Others 41 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 169 7.6
    $1,500-$1,999 301 13.6
    $2,000-$2,499 325 14.6
    $2,500-$2,999 426 19.2
    $3,000-$3,499 265 11.9
    Others 734 33.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2918 54.4
    Employed, worked part-time 1058 19.7
    Not in the labour force 1013 18.9
    Employed, away from work 225 4.2
    Unemployed, looking for work 154 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 710 16.9
    Professionals 1092 26.0
    Technicians & trades workers 489 11.6
    Clerical & administrative workers 742 17.7
    Sales 414 9.9
    Others 755 18.0
    Occupation
    Census Count Percent(%)
    Pre-school 184 9.0
    Infants/Primary 1001 49.0
    Secondary 432 21.1
    Technical or Further Educational Institution 119 5.8
    University or other Tertiary Institutions 261 12.8
    Others 46 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6823 91.1
    Semi-detached, row or terrace house, townhouse 660 8.8
    Flat, unit or apartment 7 0.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1310 54.0
    Rented 719 29.7
    Fully owned 387 16.0
    Other tenure type 8 0.3
    Tenure Type
Census 2011, ABS
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