Wavell Heights QLD Property Investment

Brisbane · 4012

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Median House Price
$1.60M
As of 7 Nov 2026.
Rental Yield
N/A
Vacancy Rate
N/A
Median Weekly Rent
N/A
Median Unit Price
$823K
As of 7 Nov 2026.
Population (Census 2021)
10,336

Wavell Heights Short-Term Rental Market

Short-stay estimate: run a brief
Past price growth
Median house sale price growth, Brisbane City council area (the whole council area, not just Wavell Heights): 13.4% a year, Mar qtr 2021 to Mar qtr 2026. Source: Queensland Government Statistician's Office, Residential land development indicators (as at 9 October 2026), derived from DNRMMRRD QVAS. © The State of Queensland (Queensland Treasury) 2026, CC BY 4.0. Growth calculated by Estait. Past growth doesn't predict future prices.
New dwellings approved
New dwellings approved, Brisbane council area, 12 months to Aug 2026: 9,399. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Wavell Heights.

Suburb Metric Thresholds

4 green3 yellow0 red
Population growth 2016–21, postcode 4012 (ABS Census)
1.44 high impact
Median Household Income
2016 medium impact
Public Transport Score
8.8 medium impact
School Zone Quality
6.7 medium impact
Distance to CBD
8.83 medium impact
SEIFA Advantage/Disadvantage
9 medium impact
Owner Occupier Rate
53.5 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 4012

Most disadvantagedLeast disadvantaged

Decile 9 of 10 — Low disadvantage

Population (suburb)

10,336

Education (IEO)

9/10

Econ. Resources (IER)

6/10

Schools

In your catchment

Wavell Heights SS
PrimaryGovernment
5.8/10
Wavell SHS
SecondaryGovernment
6.2/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.