Suburb Profile

Wynnum Buyers Agent’s Guide

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 Suburb Profile

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 area is home to a number of excellent private and public schools including Iona College, Moreton Bay College, Wynnum State School, Wynnum State High School

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.

There are no major employers in the suburb and many residents commute to the Brisbane CBD for work

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Wynnum Properties

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).

Wynnum Flood Map

Housing type and typical block size

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.

What can my money buy in Wynnum?

Wynnum House Prices

The median house price in Wynnum is $1,150,000 (August 2024) which is above Brisbane’s median.

The median house price in Wynnum would typically buy a 4 bedroom, 2 bathroom house on a 589m2 block.

For example: 24 Bellew Street Wynnum – sold for $1,055,000 in July 2024 (click to view listing and see images below).

Wynnum Unit Prices

The median unit price in Wynnum is: $697,122 (August 2024).

This amount would typically buy a modern 2 bedroom, 2 bathroom apartment.

For example: 9/8 Besham Parade, Wynnum – sold for  $699,000 in August 2024 (click to view listing and see images below)

How has the Wynnum property market been performing?

Over the last 12 months house prices have increased by 20.6% and units by 13.9%.

In the last 5 years the median house price has increased by 87.3% and the median unit price has increased by 54.7%.

Supply and demand characteristics for Wynnum

  • Average Days on Market: Houses 40 days.  Units:  42 days.
  • On average properties are selling 4% above their list price.
  • Wynnum’s auction clearance rates are 45% for houses.
  • The average rental yield for houses is 3.3%, compared to 4.45% for units.
  • There is a shortage of houses and units currently listed for sale (0.82% and 1.04% respectively).
  • There is an undersupply of rental properties in Wynnum with rental vacancy rate for houses at 0.64%, and units at 0.92%.

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