Wavell Heights News is delighted to welcome Stefan Blee as our Monthly Local Expert Columnist.
Stefan came from outside the property industry, having had a long career as a chef in various parts of the world. A former tennis player “until my eyes went bad,” he also continues to support Shaw Park tennis centre.
Very easy to talk to, knowledgeable and oozing integrity, we can see why he was awarded the RMA Agent of the Year for Wavell Heights in 2026.
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WAVELL HEIGHTS NEWS: So Stefan, what’s your overview on the Wavell Heights Property Market?
STEFAN: Well, Wavell Heights was once dairy and pineapple farms, subdivision began on a small scale in 1917 then post-war it constantly expanded.
The median age in Wavell Heights has increased from 31 in 1991 to 39.5 in 2026, according to SQM Research for 4012 which also takes in Nundah.
Wavell Heights is now considered on the edge of the Inner North and as such, has to be one of the larger suburbs in North Brisbane.
It measures almost 2.5km from east to west and north to south with 3 strong ridgelines — one with city views; one with northern views; one with western views; and remarkably, there are even some homes in Wavell Heights with bay views. There are also now an increasing number of great family properties outside the ridgeline areas.
The area has a great range of schools with Padua College and Nudgee College catering for boys; St Rita’s and Mt Alvernia for girls; Clayfield College, Wavell Heights State School, and Wavell State High School offering very strong co-ed options.
I started selling in Wavell Heights in 2019. The market has changed so much since then. There are an increasing number of new builds and we have been fortunate enough to sell several of them in recent times.
The median age in Wavell Heights has increased from 31 in 1991 to 39.5 in 2026, according to SQM Research for 4012 which also takes in Nundah.
Wavell Heights is now considered on the edge of the Inner North and as such, has to be one of the larger suburbs in North Brisbane.
It measures almost 2.5km from east to west and north to south with 3 strong ridgelines — one with city views; one with northern views; one with western views; and remarkably, there are even some homes in Wavell Heights with bay views. There are also now an increasing number of great family properties outside the ridgeline areas.
The area has a great range of schools with Padua College and Nudgee College catering for boys; St Rita’s and Mt Alvernia for girls; Clayfield College, Wavell Heights State School, and Wavell State High School offering very strong co-ed options.
I started selling in Wavell Heights in 2019. The market has changed so much since then. There are an increasing number of new builds and we have been fortunate enough to sell several of them in recent times.
48 Stadcor Street was our most recent new build sale. It sold after the first open home. 41 Frankit Street and 117 Bilsen Road were two other new builds we have sold recently.
Most of the Wavell Heights housing stock is post WW2, commonly 1950s and beyond, well-built, solid houses on 600-sqm blocks.
Did you know that until 1941 the area we now know as Wavell Heights was then known as West Nundah, until a poll of residents chose to name the area after Field Marshall Archibald Wavell?
The age of the properties here is also a major asset to developers and buyers compared to neighbouring Kalinga and Wooloowin where the character home is more common, requiring a more conservative approach with planning around heritage preservation.
We are just in the process of launching 26 Frankit Street, the 4th home we have listed on Frankit Street, which has a lovely streetscape.
While Field Marshall Archibald Wavell provided the name for the area, early German settlers called the Pfingst family bought 10 acres as far back as 1866 for 10 pounds, then after the land had been handed down through the family, a farmhouse was built on what was known as Hillcrest Avenue in 1936.
Hillcrest Avenue was renamed in 1975 to be Highcrest Avenue. Pfingst Road connecting Rode Road to Hamilton Road was named after the family.
Most of the Wavell Heights housing stock is post WW2, commonly 1950s and beyond, well-built, solid houses on 600-sqm blocks.
Did you know that until 1941 the area we now know as Wavell Heights was then known as West Nundah, until a poll of residents chose to name the area after Field Marshall Archibald Wavell?
The age of the properties here is also a major asset to developers and buyers compared to neighbouring Kalinga and Wooloowin where the character home is more common, requiring a more conservative approach with planning around heritage preservation.
We are just in the process of launching 26 Frankit Street, the 4th home we have listed on Frankit Street, which has a lovely streetscape.
While Field Marshall Archibald Wavell provided the name for the area, early German settlers called the Pfingst family bought 10 acres as far back as 1866 for 10 pounds, then after the land had been handed down through the family, a farmhouse was built on what was known as Hillcrest Avenue in 1936.
Hillcrest Avenue was renamed in 1975 to be Highcrest Avenue. Pfingst Road connecting Rode Road to Hamilton Road was named after the family.
Stefan Blee
12-Month Analysis
Property Market Report
Wavell Heights
12-month analysis · May 2025 – May 2026 · 230 confirmed sales
Monthly median sale price
Median price
Mean price
Sales volume
Period median
$1.54M
Period high
Aug ’25 · $1.75M
Period low
Sep ’25 · $1.32M
Total sales
230
Seasonal pattern: Aug 2025 peak ($1.75M) aligns with typical Brisbane spring premium. The Sep dip to $1.32M reflects spring-entry lag before a Nov–Feb recovery phase. May 2026 softness partly reflects unregistered recent settlements.
Median price by bedroom count
Dominant type
3-bed · 86 sales
5-bed premium vs 4-bed
+61%
5-bed premium vs 3-bed
+79%
Entry point (2-bed)
$818.5K
Two distinct buyer pools: The step from 4-bed ($1.548M) to 5-bed ($2.5M) is not incremental — it’s a 61% premium jump representing an entirely different segment. 3-bed at $1.4M remains the volume sweet spot (40% of all sales).
Median price by land size
Most common size
600–700 m² · 100 sales
Median block (suburb)
607 m²
400–500m² vs 500–600m²
+25% premium
400–500 m² anomaly: Subdivided lots in this range ($1.805M median) outperform the larger 500–600 m² tier ($1.443M) by 25%. Likely reflects newer builds and knock-down-rebuild demand attracting a premium over older stock on bigger blocks.
Days on market distribution
Median DOM
27 days
Mean DOM
50 days
Sold within 30 days
55% of sales
Longest sale
370 days
Bimodal market: The sharp cluster under 30 days (101 sales, 55%) points to correctly priced properties moving fast. The long tail beyond 90 days (25 sales, 14%) reflects overpriced listings that eventually find their level — pulling the mean well above the median.
Some Development Applications in Wavell Heights
Click on the pins to view the details. Click +/- to zoom in/out
Published 30-May-2026
Stefan Blee is a Proud Promotional Partner of Brisbane Suburbs Online News
Note: This article is based on data from publicly available sources at the time of publication and is intended for general information only. Readers should conduct their own research and seek independent advice before making any property decisions.
