Market Insights for Wakerley – August 2015

The following insights into the Wakerley area have been compiled using publicly available data, mostly sourced from CoreLogic RP Data.

WAKERLEY AUGUST PROPERTY SCORECARD*

Average days on market     51

% stock on the market       7.7%

Capital growth last 12 mths 7.5%

HOUSES

No. of houses sold YTD    102

No. of houses for sale August    42

Highest sale price (houses)    $1,280,000

Lowest sale price (houses)    $416,000

Median sale price (houses August)    $674,789

(70% house sales between $601,000 and $1,000,000)

Average hold period (houses)     7.1 years

Median rent (houses August)    $560/wk

UNITS

No. of units sold YTD    17

No. of units for sale August     3

Highest sale price (units)    $490,000

Lowest sale price (units)    $350,000

Median sale price (units August)    $405,013

Average hold period (units)   6.2 years

Median rent (units August)    $425/wk