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Wavell Heights Property Investment Overview

Suburb research data for Wavell Heights, QLD 4012 — median prices, rental yield and suburb signals. General information only.

Government Public Data Price 2024 Rent 2021
Median House Price
$1,060,000
2024 data · estimate
Gross Rental Yield
2.1%
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Weekly Rent
$421
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Renter Demand
49%
of residents rent
Vacancy Rate
0.4%
Low — tight market
Population
10,336
Suburb residents
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📍 Suburb Overview

State QLD
Postcode 4012
Median house price $1,060,000
Median unit price —
Weekly rent (median) $421/wk (unlock cashflow model)
Gross yield 2.1% (unlock risk & score)
Renter % 48.6%
Vacancy rate 0.44%
Population 10,336
Median household income $135,980/yr
Owner-occupied 51.4%
Median age 37 yrs
Total dwellings 2,088

🛡️ Safety & Crime

Reported crime level Moderate reported crime
Incidents / 1,000 residents 35

Wavell Heights shows around-average reported crime compared with other QLD suburbs, based on 2024 state police data.

Source: QLD police / crime statistics. Reported offences vary by category and reporting practices — check current local figures before deciding.

Investment Signals

Confidence: High High

Multiple core metrics are available, including price, rent/yield and population or demand indicators.

Last updated: 2024 · Public suburb-level data coverage varies by location and source. Verify current figures before making property decisions.

✅ Low vacancy (0.4%) — tight rental market
⚠️ Price is an estimate — limited recent transaction data available
⚠️ Rent data is from 2021 — may not reflect current market
🔵 Moderate reported crime (35 incidents/1,000 residents) — QLD reported data 2024
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Price History

Source: QLD_ABS_Projected. Suburb-level medians — not individual sale prices.

🏫 Schools

Schools in suburb 3
Primary 2
Secondary 1
Schools in Wavell Heights
Our Lady of the Angels' School (Wavell Heights) Primary · Catholic
Wavell Heights State School Primary · Government
Wavell State High School Secondary · Government
School locations from state education departments / ACARA. List reflects schools located within the suburb.

🔄 Compare & Explore

Similar suburbs in QLD by price range, ranked by yield:

Castaways Beach, QLD
4.6% yield
$844,000
Benowa, QLD
3.9% yield
$777,000
Noosa Heads, QLD
3.8% yield
$747,000
Broadbeach Waters, QLD
3.7% yield
$840,000
Peregian Springs, QLD
3.7% yield
$744,000
Hollywell, QLD
3.6% yield
$759,000
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💰 Cashflow Snapshot

80% LVR · 6.2% interest · indicative only — not financial advice
Purchase price $1,060,000
Deposit (20%) $212,000
Loan (80% LVR) $848,000
Weekly rent $421/wk
Annual rent income $21,892/yr
Est. annual interest -$••,•••
Mgmt fees + costs -$•,•••
Est. net cashflow +/- $••,•••/yr
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❓ Frequently Asked Questions

Is Wavell Heights a good suburb to invest in?

Wavell Heights has an average renter proportion and a low vacancy rate, suggesting tight rental demand. Use this data as a research signal only. Always conduct property-level due diligence and seek independent professional advice before making any investment decision.

What is the median house price in Wavell Heights?

The median house price in Wavell Heights is approximately $1,060,000 based on 2024 public data (estimate — limited transaction evidence available).

What is the rental yield in Wavell Heights?

The indicative gross rental yield in Wavell Heights is 2.1%, based on a median weekly rent of $421 against a median price of $1,060,000. This is general data only — actual yields vary by property, condition and market timing.

How does Wavell Heights compare to other suburbs?

Use the suburb comparison tool to compare Wavell Heights against other Australian suburbs by price, yield, vacancy and renter demand.

Is Wavell Heights a safe suburb?

Wavell Heights shows around-average reported crime compared with other suburbs in QLD, based on 2024 state police data. The reported crime rate is about 35 incidents per 1,000 residents. Always check current local crime statistics before deciding.

What schools are in Wavell Heights?

Wavell Heights has 3 known schools, including Our Lady of the Angels' School (Wavell Heights), Wavell Heights State School, Wavell State High School. Catchments and enrolment policies change — confirm directly with each school.

Where does PropertyScoutAU get its suburb data?

PropertyScoutAU uses public and government datasets where available, including price, demographic and rental indicators. Coverage varies by suburb and some fields may be estimated or unavailable. See our data sources page for full details.

General information only. PropertyScoutAU provides suburb-level research data from government public sources. All figures are indicative medians and may not reflect current market conditions or individual property values. This is not financial, investment, legal or tax advice. Always verify independently and consult qualified professionals before making any property decision. About our data →