Wacol is a smaller suburb in Queensland within the Brisbane local government area (postcode 4076). With a population of 4,253, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, clerical & administrative, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Wacol is $600,000, having surged 16.3% over the past year. Units have a median price of $423,000 (+24.6% YoY). The current median weekly rent is $385. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,387.
Wacol is served by 2 schools, including 1 primary, 1 special. The average ICSEA score is 868, which is well below the national average of 1,000. Public transport access includes 2 rail stations, 11 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Wacol offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($600K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.4x is considered moderate. House prices have moved +16.3% year-on-year.
Wacol is a smaller suburb in Queensland within the Brisbane local government area (postcode 4076). With a population of 4,253, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $72K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, clerical & administrative, labourers. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Wacol is $600,000, having surged 16.3% over the past year. Units have a median price of $423,000 (+24.6% YoY). The current median weekly rent is $385. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,387.
Wacol is served by 2 schools, including 1 primary, 1 special. The average ICSEA score is 868, which is well below the national average of 1,000. Public transport access includes 2 rail stations, 11 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Wacol offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($600K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.4x is considered moderate. House prices have moved +16.3% year-on-year.