Suburb Profile Report for Wakerley QLD (4154)

Wakerley House: Median price $745,000, Annual capital growth 5.62%, Number of sales 149, Weekly median advertised rent $550

Wakerley Unit: Median price $437,500, Annual capital growth 2.53%, Number of sales 26, 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 close to the QLD average of 2.39% over the last 12 months.

Comparing Wakerley,4154 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Wakerley are currently offering property investors an average price cut of -3.26% below the asking price at the moment.

A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.84%, without taking into account capital value appreciation, which has been averaging out at 5.62%.

With a capital gain of 2.94% for the last 12 months, Wakerley, 4154 has performed for property investments than its average annual 2.53% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Wakerley has given property investors a paper return of 1.16%. This puts Suburb as 110 on a list of fastest fasting appreciating suburbs in QLD

At number 310th 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.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.99%, without taking into account capital value appreciation, which has been averaging out at 2.53%.

Metrics i HOUSE UNIT
$745,000 $437,500
0.68% 1.16%
4.20% 2.94%
5.62% 2.53%
$550 $420
149 26
3.84% 4.99%
57.38 40.65

Source: CoreLogic

DSR Score for property investment : Above average (H), Very good (U)
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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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