Northern Suburbs – Brisbane Buyer’s Agent Suburb Report: Wavell Heights, QLD

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Could Wavell Heights be the best suburb in Brisbane’s northern suburbs? Read on to find out!


Overview:

Wavell Heights is a thriving northern suburb located approximately 10 kilometres from Brisbane’s CBD. Known for its family-friendly vibe and leafy streets, the suburb offers a mix of modern and traditional homes, excellent transport links, and proximity to some of Brisbane’s best amenities. With its rich community feel, vibrant local parks, and easy access to Westfield Chermside, Wavell Heights is a standout option for families, professionals, and investors alike.


Suburb Snapshot:

  • Median House Price (2024): $1,300,001
  • Annual Growth Rate (2024): +6.6%
  • Location Highlights:
    • 10 km to Brisbane CBD (approx. 15-minute drive)
    • 80 km to Sunshine Coast CBD (approx. 1-hour drive)
    • 2 km to Westfield Chermside (approx. 5-minute drive)

Demographics:

  • Population: Approximately 9,300 (2021 ABS data)
  • Median Age: 37 years
  • Housing Types: Predominantly detached houses with a growing presence of modern townhouses.

Property Market Overview:

  • Median House Price (2024): $1,300,001
  • Median Rent (House): $700/week
  • Rental Yields (House): 2.9%
  • Median Unit Price (2024): $615,000
  • Median Rent (Units): $500/week
  • Rental Yields (Units): 4.2%
  • Vacancy Rate: As of November 2024, 0.7%

Long-Term Growth (2006–2024): Wavell Heights has demonstrated robust long-term growth, with the median house price increasing from $368,000 in 2006 to $1,300,001 in 2024. This reflects an annual growth rate of 7.1% over the past 18 years, underscoring the suburb’s sustained appeal and investment potential. The suburb experienced significant growth spurts, particularly in 2021 (+26.6%) and 2022 (+15.0%), driven by increased demand for quality housing and proximity to key amenities.

Notable Recent Sales:

  • 17 Belloy Street: $2,970,000 (Dec 2024)
  • 43 Days Street: $2,000,000 (Dec 2024)
  • 6 Hubbard Street: $1,310,000 (Dec 2024)

Education Options:

  • Primary Schools:
    • Wavell Heights State School
    • Our Lady of the Angels’ Primary School
  • Secondary Schools:
    • Wavell State High School
  • Private Schools:
    • St. Margaret’s Anglican Girls School (nearby)
  • Child Care Centres: 8 centres in Wavell Heights and surrounding areas.

Lifestyle and Amenities:

  • Shopping Centres:
    • Westfield Chermside
    • Wavell Heights Village Shops
  • Parks and Recreational Spaces:
    • Mercer Park
    • Shaw Park
  • Unique Lifestyle Highlights:
    • Active community events and sporting clubs.
    • Proximity to Kedron Brook bikeway.

Health and Wellbeing:

  • Local Healthcare Services:
    • Wavell Heights Medical Centre
    • Chermside Day Hospital
  • Closest Hospitals:
  • Pharmacies:
    • Wavell Heights Day & Night Pharmacy
    • TerryWhite Chemmart Wavell Heights

Community and Employment:

  • Key Employment Sectors:
    • Healthcare, retail, and education.
    • Proximity to Brisbane’s business hubs.
  • Community Activities:
    • Local markets and cultural events.
    • Active sports clubs and community groups.

Recent and Planned Developments:

  • Local Developments:
    • Wavell Heights Town Centre revitalisation (completed 2023)
    • New community health hub planned for 2025.
  • Nearby Developments:
    • Chermside Shopping Precinct redevelopment (completion 2027).
    • Upgraded Kedron Brook Bikeway (completion 2026).

Call-to-Actions:

  • “For more development projects in Brisbane North, [Click here].”
  • “For more development projects in South East Queensland, [Click here].”

Brisbane Buyer’s Agent Introduction

Looking for the top buyer’s agent in Brisbane’s northern suburbs? IPS Buyer’s Agent has you covered! From first-home buyers to seasoned investors, whether you’re upsizing, downsizing, or making a sea change, our expert suburb reports and dedicated services will guide you every step of the way. Contact us for comprehensive advice tailored to your needs.


Key Statistics Table:

StatisticValue
Population~9,300
Median House Price (2024)$1,300,001
Median Rent (House)$700/week
Rental Yield (House)2.9%
Median Unit Price (2024)$615,000
Median Rent (Units)$500/week
Rental Yield (Units)4.2%
Notable ParksMercer Park, Shaw Park
Transport AccessProximity to Gympie Road, efficient public transport

Conclusion: Why Choose Wavell Heights?

Wavell Heights stands out as a premier northern Brisbane suburb offering a blend of convenience, lifestyle, and growth potential. Its proximity to Brisbane CBD, excellent transport links, and strong community vibe make it a favourite among families and investors alike. With thriving amenities, robust property market performance, and a rich community atmosphere, Wavell Heights promises an exceptional quality of life.

Ready to make Wavell Heights your next destination? Contact us today to begin your journey!