AREA REPORTS

Wellington Point

Suburb Profile

Wellington Point - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4160

house
unit

Property investors enjoyed capital gains of 0.81% over the last 12 months in WELLINGTON POINT, translating to lower returns compared with its peers in QLD.

Figures from the previous quarter show that capital gains for real estate buyers in WELLINGTON POINT are low, as opposed to average gains per annum over the past five years.

The suburb posted a 9.49% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $495 based on current median home prices for the suburb.

On average, rents on listings have reached the $495 mark, reflecting a 4.15% increase in returns based on the current median price in WELLINGTON POINT.

WELLINGTON POINT, 4160 ranks 558th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 539th on the list of best yielding suburbs for rental properties in QLD, posting a 4.15% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $620,000 $472,500
GROWTH REPORT
Median Quarterly 1.47% 0%
Median 12 month 0.81% 12.5%
Median 3 years 9.49% 3.87%
Median 5 years 21.57% 13.86%
10 years average annual 2.26% 4.04%
Weekly media advert. rent $495 $400
Time on Market 61.8 days 136.0 days
Gross Rental Yield Percent 4.15% 4.4%
demographics (median values)
Total Population
10709
Weekly Household Income
1367
Household Size
2.90
demographics
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