Suburb Profile Report for Wakerley QLD (4154)

Wakerley House: Median price $782,500, Annual capital growth 3.30%, Number of sales 112, Weekly median advertised rent $580

Wakerley Unit: Median price $427,500, Annual capital growth 1.69%, Number of sales 29, Weekly median advertised rent $418

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

Source: Monthly data update for Sep 2019 as supplied by CoreLogic. Data is reported to the period ending Jun 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Wakerley, 4154 should be relatively pleased 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 5.32%

Wakerley,4154 has offered an average of 5.32% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Wakerley should be aiming for at least -4.35% off the asking price, which is the average vendor discount being achieved at the moment.

At number 996 in a list of fastest selling suburbs, Wakerley is in the TOP 30% of suburbs in Australia with an average of days on market 60.7383 for properties listed there.

Situated 12.67km from the CBD, Wakerley is one of Brisbane (C) localities in the postcode 4154.

Over the last year, property investments in Wakerley, 4154 have given investors a capital gain of 2.64%. This compares favourably with the -0.03% for QLD as a whole.

If we look at median property appreciation over just the last three months, Wakerley has given property investors a paper return of 0.29%. This puts Suburb as 117 on a list of fastest fasting appreciating suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Wakerley is offering property investors an average of -6.37. This rate of discount on properties puts Suburb at number 209th in terms of most discounted suburbs in QLD

Residents and property investors in Wakerley have been waiting around 77.08 days to sell a property.

Metrics i HOUSE UNIT
$782,500 $427,500
0.97% 0.29%
5.32% 2.64%
3.30% 1.69%
$580 $418
112 29
3.85% 5.08%
60.7383177570094 77.08

Source: Monthly data update for Sep 2019 as supplied by CoreLogic. Data is reported to the period ending Jun 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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