With a capital gain of 12.99% for the last 12 months, Wakerley, 4154 has performed for property investments than its average annual 3.67% property growth over the last 5 years.
Comparing Wakerley,4154 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Wakerley4154 is located in QLD which offers an average discount of -4.90% to property investors. Wakerley itself is showing figures that indicate -2.54% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $31200 per annum or $600 every week.
Property value increases in Wakerley have tracked lower than the QLD average of 8.71% over the last 12 months.
Across a shorter period, Wakerley, 4154 has seen a median price increase of 1.26% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Wakerley is offering property investors an average of -4.64. This rate of discount on properties puts Suburb at number 13th in terms of most discounted suburbs in QLD
At number 1314 in a list of fastest selling suburbs, Wakerley is in the bottom 20% of suburbs in Australia with an average of days on market 89.037 for properties listed there.