Is Wakerley a nice place to live?

Wakerley sits around Tingalpa Creek near Moreton Bay, with tree-lined streets, creekside reserves and a mix of older low-set homes and modern brick houses. Residents generally have incomes above the Queensland median, many households are buying their homes and couples with children make up 61.4% of families. Local life centres on neighbourhood parks, sporting fields and creekside trails, with small shopping spots nearby, public buses linking to nearby centres and schools and community facilities a short drive away. There is a state-approved build-to-rent project on church land to deliver 44 homes to be managed by a registered community housing provider.

Is it expensive to live in Wakerley?

On the figures, a typical local household earned about $2,952 a week at the last Census. With house rents of about $850 a week in Wakerley, renting a house would take roughly 29% of a typical local household's weekly income. The median house price of $1,800,000 works out to about 11.7 times a typical local annual household income (weekly income multiplied by 52), which places buying well above local incomes. If you're renting rather than buying, that rent share is the figure that matters; buying looks considerably more stretched against local incomes. Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Is Wakerley a good place to invest?

Over the last 12 months in Wakerley the two sides of the market moved very differently: median house values rose 11.8% while median unit values fell sharply by 51.4%. House rents rose 6.2%, so for houses capital growth outpaced rental income. This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

Get a property report and suburb profile for any property in Wakerley

Please enter your address and select an option from the list.

Join the 2.6 million Australians* who use our services every year.

Wakerley suburb profile

Wakerley is an eastern Brisbane suburb in the bayside corridor, set around Tingalpa Creek and near Moreton Bay. Its streets are mostly low-density residential with tree-lined avenues, a mix of older low-set homes and modern brick houses on family-sized blocks. Pockets of wetlands and creekside reserves give the suburb a green, suburban feel.

Local life centres on neighbourhood parks, sporting fields and creekside trails, with small shopping spots nearby and easy road access to surrounding bayside precincts. Public buses link the suburb to nearby centres, while schools and community facilities sit within short drives, making everyday errands and outdoor recreation straightforward.

Wakerley property market performance

Current median dwelling price$1,214,250Past 3 months

Property growth-19.8%Past 12 months

Wakerley houses have a median price of $1.8 million, a sharp 11.8% rise over the last 12 months. That large change is based on just 13 house sales over the last 3 months, so the median is built from a relatively small sample. There is no reliable unit median because too few units have sold here recently for a median to be published.

In Wakerley the typical house rents for $850 a week and house rents rose a solid 6.2% over the last 12 months; house values ran ahead of rents over the same period.

	Houses	Units
Median price Past 3 months	$1.80M	N/A
Change in value Past 12 months	11.8%	-51.4%
Sold Past 3 months	13	1
Median days on market Past 12 months	20	N/A
Average rent Past 12 months	$850	N/A
Change in rent Past 12 months	6.3%	N/A

5 year median price trend for houses and units

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

Wakerley demographics

Wakerley is a community with incomes above the median for Queensland, many households buying their homes and families with children.

Couples with children make up 61.4% of families and 55.9% of homes are owned with a mortgage. At the 2021 Census, 8,718 people lived in Wakerley.

Wakerley and Queensland

	Suburb	QLD
Median age years	37	38
Median household income weekly	$2,952	$1,675
Couples with children share of families	61.4%	41.2%
Couples without children share of families	26.7%	40.3%
One-parent families share of families	11.5%	16.8%
Homes owned outright share of homes	22.1%	30.1%
Homes with a mortgage share of homes	55.9%	35.6%
Homes rented share of homes	22.1%	34.3%

Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

Wakerley infrastructure, key developments and investment opportunities

Wakerley has a state-approved build-to-rent project on church land that the Queensland Government approved in 2025 to deliver 44 homes to be managed by a registered community housing provider. A development application for the Wakerley District Sports Park was lodged in 2019, proposing six regulation-sized netball courts.

Brisbane City Council brought the Chelsea Road and Rickertt Road intersection upgrade and the linked Wakerley Bikeway to its Transport Committee in 2022; the works included a 2.5-metre-wide shared pedestrian and cycle path.

Suburbs near Wakerley

Some popular suburbs near Wakerley include:

How does Wakerley compare to nearby suburbs?

Median house prices: Wakerley’s median house price is 38.5% higher than Manly West’s.
House price growth: Over the past 12 months, house prices in Wakerley have grown 17.5% higher than in Gumdale.
Unit price growth: Property prices in nearby Manly West have risen 75.5% more than in Wakerley over the past year.
Selling speed for houses: Properties in Wakerley are selling 16.7% faster than in Gumdale.
House price growth: Over the past 12 months, house prices in Wakerley have grown 28.8% higher than the average rate of growth across Brisbane.
Unit price growth:Over the past 12 months, unit prices in Wakerley have grown 55.5% lower than the average rate of growth for units across Brisbane.

Common questions about Wakerley

Is Wakerley a nice place to live?
Wakerley sits around Tingalpa Creek near Moreton Bay, with tree-lined streets, creekside reserves and a mix of older low-set homes and modern brick houses.

Residents generally have incomes above the Queensland median, many households are buying their homes and couples with children make up 61.4% of families. Local life centres on neighbourhood parks, sporting fields and creekside trails, with small shopping spots nearby, public buses linking to nearby centres and schools and community facilities a short drive away. There is a state-approved build-to-rent project on church land to deliver 44 homes to be managed by a registered community housing provider.
Is it expensive to live in Wakerley?
On the figures, a typical local household earned about $2,952 a week at the last Census. With house rents of about $850 a week in Wakerley, renting a house would take roughly 29% of a typical local household's weekly income. The median house price of $1,800,000 works out to about 11.7 times a typical local annual household income (weekly income multiplied by 52), which places buying well above local incomes. If you're renting rather than buying, that rent share is the figure that matters; buying looks considerably more stretched against local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
Is Wakerley a good place to invest?
Over the last 12 months in Wakerley the two sides of the market moved very differently: median house values rose 11.8% while median unit values fell sharply by 51.4%. House rents rose 6.2%, so for houses capital growth outpaced rental income.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

Choose the right real estate agents in Wakerley

Currently, there are 47 real estate agents working in Wakerley—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 47 agents sold 49.0% of all properties in Wakerley over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Wakerley typically charge a commission of 2.62% to 3.13%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.