Wellington Point

POSTAL CODE: QLD, 4160
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Property investors enjoyed capital gains of 10.25% 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 33.78% 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 $785 based on current median home prices for the suburb.

On average, rents on listings have reached the $785 mark, reflecting a 3.14% increase in returns based on the current median price in WELLINGTON POINT.

WELLINGTON POINT, 4160 ranks 640th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 575th on the list of best yielding suburbs for rental properties in QLD, posting a 3.14% return.

Surburb overview

Wellington Point is a coastal suburb located approximately 22 kilometres east-southeast of Brisbane's central business district. According to the 2021 census, It has a population of 12,661. 

Situated on a peninsula, Wellington Point offers a relaxed, family-friendly atmosphere with tree-lined streets and ample open spaces. The suburb is renowned for its coastal lifestyle, providing opportunities for fishing, water sports, and leisurely walks along the sandbar to King Island during low tide. 

The Wellington Point Village features a variety of dining options and essential services, contributing to a vibrant community hub.  The area is well-served by parks and recreational facilities, including the Wellington Point Reserve, which offers picnic areas, playgrounds, and a jetty.

Wellington Point hosts several educational institutions. Wellington Point State School is a government primary school serving students from Prep to Year 6. Wellington Point State High School is a government secondary school serving students from Year 7 to Year 12. Redlands College is an independent, coeducational Christian school offering education from Prep to Year 12.

Public transportation in Wellington Point includes the Wellington Point railway station on the Cleveland line, providing residents access to Brisbane's CBD and surrounding areas.  Additionally, Transdev Queensland operates regular bus services throughout the suburb, including a 24-hour weekend bus from Brisbane to Victoria Point.

As of recent data, the median property price for houses in Wellington Point is approximately $1,160,000, with an annual capital growth of 16.23%. Rental yields for houses are currently around 3.54%, with a median rent of $750 per week. 

Wellington Point residents appreciate the suburb's blend of urban amenities and a seaside village feel. The area is ideal for water enthusiasts and offers a variety of dining options in the village precinct. Quality schools and open play areas make it attractive for families. 

Wellington Point combines a coastal lifestyle with convenient access to urban facilities, making it a desirable location for families and professionals seeking a balance between relaxation and connectivity. 

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