Wavell Heights Market Update - purerealestategroup

Wavell Heights Market Update

Wavell Heights is a popular suburb located in the Brisbane – Greater Region of Queensland, Australia. With a median house price of $1,170,500 over the past year, this suburb is a great option for those looking to invest in the real estate market. In the past month, there were 71 houses available for sale in Wavell Heights, and 188 were sold over the past 12 months. The median time on the market for houses in Wavell Heights was 40 days, and there were 3336 buyers interested in properties in the area. The rental yield for houses in Wavell Heights is 3.0%.

If you’re interested in units and apartments, Wavell Heights is still a good option. The median price for units in the suburb was $430,000 over the past year, and there were 4 units available for sale in the past month. 21 units were sold over the past 12 months, and the median time on the market was 46 days. There were 255 buyers interested in units in Wavell Heights, and the rental yield for these properties is 5.1%.

Overall, Wavell Heights is a strong market for both houses and units. It’s a great place to invest in real estate, with a compound growth rate of 21.9% for houses and 1.2% for units over the past five years. If you’re considering buying or renting property in Wavell Heights, there are plenty of options available to choose from.

Pure Real Estate is a specialist real estate agency that focuses on properties in Wavell Heights and the surrounding suburbs. We offer a range of services, including property management and sales, to help our clients make the most of their real estate investments. If you are considering renting, buying, or selling a property in Wavell Heights, we can help you navigate the process and achieve your goals.

Our team of property managers and sales agents are highly knowledgeable about the Wavell Heights real estate market and are dedicated to providing exceptional service to our clients. We understand that your property plays a big role in your life, and we strive to ensure that your relationship with Pure Real Estate is a rewarding and positive experience.

If you are interested in working with Pure Real Estate to sell or manage your property in Wavell Heights, don’t hesitate to contact us. We would be happy to help you navigate the real estate market and achieve your goals.