Wynnum West, QLD 4178: Suburb Profile & Property Report

Market Report

House report
Unit Report

In Wynnum West, the median property price for a house is currently $950,000 with annual capital growth of 13.10% . There were 194 house sales in the past 12 months. On average, houses spend 15 days on market.

If you're thinking about buying an investment property in Wynnum West, consider that rental yields for houses are currently 3.86% with an average median rent of $682 weekly. Houses have seen 4.97% growth in the past quarter, and 13.10% growth in the past 12 months.

The size of Wynnum West is approximately 5.8 square kilometres. It has 33 parks covering nearly 10.6% of total area. The population of Wynnum West in 2011 was 11,745 people. By 2016 the population was 12,309 showing a population growth of 4.8% in the area during that time. The predominant age group in Wynnum West is 40-49 years.

Households in Wynnum West are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wynnum West work in a professional occupation. In 2011, 62.4% of the homes in Wynnum West were owner-occupied compared with 60.6% in 2016.

In Wynnum West, the median property price for a unit is currently $639,000 with annual capital growth of 18.33% . There were 64 unit sales in the past 12 months. On average, units spend 12 days on market.

If you're thinking about buying an investment property in Wynnum West, consider that rental yields for units are currently 5.27% with an average median rent of $570 weekly. Units have seen 2.24% growth in the past quarter, and 18.33% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$950,000	$639,000
Quarterly growth	+4.97%	+2.24%
12-month growth	+13.10%	+18.33%
Average annual growth	+11.96%	+12.92%
Weekly median rent	$682	$570
Gross rental yield	3.86%	5.27%
Number of Sales (12m)	194	64
Avg. Days on Market (12m)	15	12

Jump to Market Trends

Key Demographics	2011	2016
Total population	11,745	12,309
Population change (5y)	+9.22%	+4.80%
Median household income (p/w)	$1,285	$1,432
Household income change (5y)	+21.69%	+11.44%
Median age of persons	38	38

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Wynnum West is $950,000 for houses and $639,000 for units.

The Median Growth in Wynnum West over the past 12 months is 13.10% for houses and 18.33% for units.

Over the past 12 months there were 194 houses sold and 64 units sold in Wynnum West. On average, houses spent 15 days on market and units spent 12 days on market.

In the past 12 months up to September 2024 there were 194 houses sold and 64 units sold in Wynnum West. On average, houses spent 15 days on market and units spent 12 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Wynnum West is $682 for houses and $570 for units.

The Rental Yield in Wynnum West is 3.86% for houses and 5.27% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Wynnum West was 12,309 in 2016, a +4.80% change compared to 2011.

The predominant age group in Wynnum West is 40-49 years.

The population of Wynnum West was 12,309 in 2016, a +4.80% change compared to 2011.

The predominant age group in Wynnum West is 30-39 years.

Most of the population in Wynnum West were born in Australia.

Most of the population in Wynnum West report their religion as No Religion.

Most of the population in Wynnum West report their religion as Catholic.

Most of the population in Wynnum West report their income range as between $78,000 and $130,000 .

The median household income in Wynnum West was $1,432 in 2016, a +11.44% change compared to 2011.

Most of the population in Wynnum West report their income range as between $78,000 and $130,000 .

The median household income in Wynnum West was $1,285 in 2011, a +21.69% change compared to 2006.

Most of the population in Wynnum West work as Professional.

Most of the population in Wynnum West work as Clerical.

The chart below demonstrates the various levels of education in Wynnum West.

Most of the population in Wynnum West reached a qualification level of Certificate.

2011 2016

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