Wavell Heights QLD Property Investment

Brisbane · 4012 · Score: 66/100 · Buy

Median House Price
$1.62M
Rental Yield
2.5%
Vacancy Rate
1.2%
Median Weekly Rent
$775/wk
Median Unit Price
$861K
Population
10,336
Days on Market
28 days
Annual Growth
15.6%

Wavell Heights Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$219/night
Occupancy Rate
12.4%
Est. Annual Revenue
$10K

Estimated revenue assumes year-round availability. Non-hosted short-stays are night-capped in some councils (e.g. 60 nights across most of Byron Shire, 180 in Ballina, Muswellbrook and parts of Greater Sydney) and levied in Victoria — the legal cap can cut achievable income well below this figure. Run STR Check for the rules on a specific address.

AI Investment Analysis

Wavell Heights QLD Investment Brief

## 1. Investment Verdict Buy – the Investment Scorecard of 66.0 / 100 makes the case for a positive outlook.

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## 2. Market Overview - Median house price: approximately $1,618,000 (based on limited recent sales). - Growth trend: not supplied in the data set. - Days on market: not supplied.

Signal: With a median price in the high‑$1.6 m range and a solid scorecard, the market currently leans toward a seller‑friendly environment for owners looking to cash in, while buyers with strong financing can still access a suburb that scores well on the Estait model.

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## 3. Rental Market - Vacancy rate: not supplied. - Weekly rent: not supplied. - Gross yield: not supplied. - Demand rating: implied as favourable by the overall Investment Scorecard (66.0).

Implication: The lack of specific rental figures prevents a precise yield calculation, but the positive score suggests rental demand is at least adequate for investors.

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## 4. Short‑Term Rental Opportunity - STR nightly rate: not supplied. - Occupancy (STR): not supplied. - Estimated annual STR revenue: not supplied.

Conclusion: Without STR data we cannot quantify the short‑term rental upside. Given the absence of evidence, a long‑term rental (LTR) strategy remains the default recommendation.

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## 5. Infrastructure & Growth Drivers - Known projects, transport, employment base: not supplied.

Drivers/Limits: No concrete information is available, so we cannot identify specific catalysts or constraints for demand.

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## 6. Bull Case If the suburb maintains its current scorecard and the median house price of approximately $1,618,000 holds steady while rental demand improves, investors could see:

  • Capital growth: modest upside of 3‑5 % per annum (illustrative only, as growth rates are not provided).
  • Yield improvement: any increase in weekly rent would lift gross yields above the current unknown baseline.

*All numbers above are illustrative placeholders; actual upside depends on future data releases.*

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## 7. Risks | Risk | Data‑based Indicator | |------|----------------------| | Vacancy risk | No vacancy rate supplied – uncertainty around rental absorption. | | Single‑employer dependency | No employment‑base data – cannot assess concentration risk. | | Supply pipeline | No information on new developments – unknown future inventory pressure. | | Rate sensitivity | Standard market exposure – higher interest rates could compress affordability and buyer demand. |

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## 8. The Play - Entry range: around the approximate median house price of $1,618,000 (units data not provided). - Minimum yield target: cannot be set precisely without rent figures; aim for a gross yield that meets or exceeds the investor’s hurdle rate once rental data becomes available. - Watch signals: release of local vacancy statistics, any announced infrastructure projects, and changes in the median price from subsequent sales. - Recommended strategy: acquire a house at or below the $1.618 m median, hold for long‑term capital growth, and secure a long‑term tenant once reliable rent data is confirmed. Re‑evaluate the suburb when rental and vacancy metrics are published to decide whether to augment the portfolio or shift focus.

Gentrification Index

Early gentrification signals4.0/10
▼High SEIFA decile — already upgraded or established affluent area
▲Inner/middle ring location (8.8km to CBD) — high gentrification corridor
—Mixed tenure (44% renters) — transitional suburb profile
▲Active development pipeline (39794 approvals) — supply attracting new residents
▲Strong public transport infrastructure — supports walkable gentrification

Growth Forecast

high confidence
1yr Forecast
3.9%
p.a.
2yr Forecast
3.6%
p.a.
5yr Forecast
3.1%
p.a.

Basis: 5yr CAGR 3.6% + 10yr CAGR 3.7%

Growth drivers
  • +Very tight rental market (vacancy 1.2%) — upward price pressure
  • +Active market (28 days avg)
  • +Premium transport infrastructure — supports long-term capital growth
Headwinds
  • −High supply pipeline (39794 new approvals) — may cap price growth

Suburb Metric Thresholds

8 green5 yellow3 red
Rental Vacancy Rate
1.2 high impact
Days on Market
28 high impact
Weekly Rent (house)
775 medium impact
5yr Price CAGR
3.65 high impact
10yr Price CAGR
3.68 high impact
1yr Price Growth
15.57 medium impact
Population Growth
1.44 high impact
Median Household Income
2016 medium impact
Unemployment Rate
3.8 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
Gross Rental Yield (%)
2.49 high impact
Net Rental Yield (%)
0.99 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

▲ 0.25%

Cash rate as at 2026-05-06 · Credit data 2026-07

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

7,221

2020

8,891

2021

8,353

2022

8,044

2023

7,285

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 4012

Most disadvantagedLeast disadvantaged

Decile 9 of 10 — Low disadvantage

Population

23,440

Education (IEO)

9/10

Econ. Resources (IER)

6/10

10-Year Investment Projection

Modelled on Wavell Heights QLD data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $775/wk median rent for Wavell Heights. Capital growth and rent increase are editable assumptions.

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.