Wavell Heights

Real estate profile

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Location

9 km North of the Brisbane CBD.

Features

Some elevated positioning, easy access to Gateway Motorway.

Median Price

REIQ research shows that the median house price in the suburb for the calendar year 2006 was $358,500.

Median Weekly Rent

The median weekly rent paid for a 3-bedroom house in this area in the June 2007 quarter was $310. The median weekly rent paid for a 2-bedroom unit in this area for the same period was $250.

Profile

Located just nine kilometres north of the Brisbane CBD, Wavell Heights is elevated in some parts offering lucky homeowners glorious views of Brisbane.

An established suburb, Wavell Heights has a mix of housing styles including old chamferboard homes and Queenslanders. Demand for housing in the area has seen the construction of some new higher density developments.

Like many of its surrounding suburbs Wavell Heights is attracting buyers with its excellent local amenities and easy access to the City and coastal areas.

Residents are within 15 minutes of the Gateway Motorway and have a daily commute of around 15-20 minutes along Sandgate Road to the City. Although Wavell Heights does not have a train station (closest is Nundah), its regular bus service to the major shopping centres and the heart of Brisbane City make travel in and around the suburb a breeze for residents.

Westfield Shoppingtown in Chermside is the major retail anchor for residents in Wavell Heights. Its recent refurbishment makes it one of the most popular shopping complexes in Brisbane. Also close by is Westfield Shoppingtown Toombul, Wavell Bowls Club and the Kedron Wavell RSL – one of the largest in Queensland.

Along with several local parks, Downfall Creek, which borders part of Wavell Heights, provides good walk and bike ways. Wavell Heights is also close is the bayside suburb of Sandgate (a 20 minute drive away) providing an ideal place for residents to escape to on the weekend for family picnics.

Wavell Heights Primary School, Wavell High School, and Our Lady of the Angels Primary School within the suburb’s boundaries are supplemented by a variety of public and private schools in neighbouring suburbs such as Geebung, Kedron and Nundah. Hospital services are also close at hand with Holy Spirit Hospital recently completed on the grounds of the Prince Charles Hospital in Chermside.

According to the 2006 Census there were 8,761 people living in the suburb with a median age of 36. The median individual income was $575 per week. Of all occupied private dwellings 71.2% were either fully owned or being purchased; 23.4% were being rented.

Source: REIQ

REIQ Copyright 2007. Enquiries about the reproduction of part or all of the information should be directed to the Marketplace Strategy division of the The Real Estate Institute of Qld Ph 3249 7300.

This information has been carefully compiled by the REIQ and is not intended to be treated as a warranty or promise as to the correctness of the information.