Are you looking to purchase a home or investment property in Wynnum? As a Wynnum Buyers Agent, we’d be happy to help and have compiled the following suburb profile for your information. Best wishes with your Wynnum property purchase!
Wynnum is a southern, bayside suburb located 18km East of the Brisbane CBD. Wynnum is bordered by the suburbs of Manly, Wynnum West, and Lytton.
The population of Wynnum in 2016 was around 12,924 and continues to grow. 60.2% of households in Wynnum are owner occupied and consistent predominantly of professional couples with children.
Wynnum’s main shopping precinct is located close to Wynnum Central Train Station.
Wynnum has good public transport links to the city via theCleveland railway line. There are 3 train stations in the area: Wynnum North railway station,Wynnum railway stationandWynnum Central railway station.
The Wynnum foreshore is home to Pandanus Beach, the Wynnum Jetty and the heritage-listed Wynnum wading pool. It is a very popular spot for swimming and weekend picnics
The Wynnum Mangrove Boardwalk is another popular spot for walkers and bird watchers.
Elevated properties and those with water views are perhaps the most desirable, (and most expensive) parts of Wynnum.
Traffic noise can be an issue for properties close to major thoroughfares including Wynnum Rd, and Preston Rd. Buyers should check the Brisbane City Council Flood Maps, as some areas (especially along the foreshore and Wynnum Creek) are susceptible to flooding (see flood map below).
The vast majority (69%) of properties in Wynnum are free standing houses including amix of character and modern styles.
A typical block size for this area is between 400-600m2.
The median house price in Wynnum is $635,000 which is close to Brisbane’s median.
The median house price in Wynnum would typically buy a 4 bedroom, 2 bathroom house on a 600m2 block. For example: 4 Ogilvie Street Wynnun – sold for $630,000 in September 2019 (click to view listingand see images below).
The median unit price in Wynnum is: $425,000
This amount would typically buy a 2 bedroom, 2bathroom unit in an older style complex. For example: 3/6 Emsworth Street Wynnum – sold for $420,000 in September 2019 (click to view listingand see images below).
In the last 5 years the median house price has increased by 17.5%. Over the last 10 years, house prices have increased by 2.9% per annum.
Units in Wynnum have seen more modest price growth. In the last 5 years the median price of units has increased by 8.9%. On average, over the last 10 years unit prices have increased by 1.7% per annum.
**Statistics are accurate for December 2019
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