FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Wavell Heights, Queensland 6.3 out of 10 (Workhorse Investment) as of June 2026.
Wavell Heights presents a reliable workhorse investment, leveraging its established inner-ring position just 10km from the CBD to deliver a strong 12.5% capital growth annually. Structural demand from a competitive tenant base, evidenced by the exceptionally low 0.8% vacancy rate and constrained supply, underpins consistent asset performance. The market has started re-rating this location — 12-month growth of +12.5% puts it ahead of the broader Queensland median.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates Wavell Heights, Queensland 6.3 out of 10 (Workhorse Investment) as of June 2026. Wavell Heights presents a reliable workhorse investment, leveraging its established inner-ring position just 10km from the CBD to deliver a strong 12.5% capital growth annually. Structural demand from a competitive tenant base, evidenced by the exceptionally low 0.8% vacancy rate and constrained supply, underpins consistent asset performance.
The median house price in Wavell Heights, QLD is $1.66M. Weekly rent of $791 against a 2.5% gross yield underpins this figure.
Wavell Heights has a gross rental yield of 2.5%, with a median weekly rent of $791. 12-month price growth is tracking at +12.5%.
Based on its market signals, Wavell Heights aligns with: Growth Play, Defensive Hold.