Wavell Heights — Units

BUY
QLD 4012 Unit Rank #23 of 174 in Brisbane ↓1
$780K
Median Unit Price · recent comparable sales
Rental Pressure Market #23 of 174

Extremely low vacancy signals structural undersupply in the rental market, creating long-term price pressure.

DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
BUY
Rental Pressure Market
DEMAND
75 buyers/listing
Strong
LIQUIDITY
25d DOM
Neutral
AFFORDABILITY
30.0% vs 5yr
Weak
GROWTH OUTLOOK
Good
Strong
YIELD
3.9%
Neutral
SUPPLY PRESSURE
0.6% vacancy
Strong
#23/174 Good Structure 73 $780K

Atlaso rates Wavell Heights units as BUY for capital growth. Vacancy is extremely tight at 0.64%, well below the 2.5% equilibrium. 66% of BUY-rated suburbs grew more than 8% in our validated testing.

At $780K, Wavell Heights ranks #23 of 174 units in Brisbane. The long-term structural outlook is Good. Buyer demand is strong with 75 buyers per listing.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned units identified in Brisbane.

Wavell Heights Price History

All units · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
-7.2%
Asking Prices (3mo)
+7.4%
Rents (12mo)
0.6%
Vacancy
53%
Fresh Stock (<30d)

Unit Asking Prices (12 months)

$872K

Unit Weekly Rents (12 months)

$635/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 4012.

Suburb Profile

Wavell Heights at a Glance

SEIFA Index
9/10
Most advantaged
Household Income
$2,016/wk
Median household
Median Age
36
Years
Mortgage Stress
23%
of income
Population Growth
+2.3%
vs state +1.8%
Ownership Mix
14.3% owned 34.8% mortgage 48.5% renting

Demographic Trends

Wavell Heights Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Wavell Heights Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Wavell Heights a good suburb to invest in?
Atlaso rates Wavell Heights as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Wavell Heights and 46 Australian cities to generate this rating.
What is the median house price in Wavell Heights?
The current median house price in Wavell Heights, qld is $780K, with annual growth of +17.8%. Properties sell in approximately 25 days.
How fast do properties sell in Wavell Heights?
Properties in Wavell Heights sell in 25 days on average. The market is currently rated Good. This is in line with the broader market.
What is the growth outlook for Wavell Heights?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Wavell Heights's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Wavell Heights?
The gross rental yield for houses in Wavell Heights is 3.9%. This is in line with the broader market average.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).