All About Wakerley, Brisbane, QLD, 4154

Wakerley, located in Brisbane's eastern suburbs, is known for its family-friendly atmosphere and burgeoning housing market. The suburb has seen significant growth, particularly over the past decade, as more families and professionals have sought the comfortable suburban lifestyle it offers while remaining relatively close to the city center. The housing market in Wakerley tends to feature a mix of contemporary homes and spacious family residences, with an emphasis on larger plots and modern amenities. With its close proximity to both the Brisbane CBD and beautiful coastal destinations like Moreton Bay, Wakerley appeals to those seeking a balanced lifestyle that blends urban convenience with suburban tranquility. The demand for housing in this area has been steadily increasing, contributing to rising property values and a competitive market environment.

Living in Wakerley offers a suburban lifestyle with plenty of green spaces, parks, and recreational areas, making it ideal for families with children and individuals who enjoy outdoor activities. The suburb boasts a network of walking and cycling paths, which provide easy access to its lush parklands and local facilities. Residents can enjoy a variety of local amenities including shopping centers, schools, and dining options, all of which contribute to Wakerley's appeal as a self-contained community. The community spirit is strong, with local events and gatherings fostering a sense of belonging among its residents. Commuting to Brisbane is also convenient, thanks to the easily accessible major roads and public transport options, making Wakerley a suitable choice for those who work in the city but prefer a more laid-back, suburban lifestyle.

Wakerley Real Estate Market Outlook

Thinking about buying in Wakerley? Now could not be a better time, with 3936 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,130,000 with prices in this suburb ranging from $138,000 to $9,644,000. Wakerley is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Wakerley driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Wakerley ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Wakerley classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Wakerley necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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