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Wellington Point

Suburb Profile

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

house
unit

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.

This number can mean, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.

On average, rents on listings have reached the $500 mark, reflecting a 4.12% increase in returns based on the current median price in WELLINGTON POINT.

WELLINGTON POINT, 4160 ranks 700th in QLD in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 537th on the list of best yielding suburbs for rental properties in QLD, posting a 4.12% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $631,500 $437,500
GROWTH REPORT
Median Quarterly -2.85% -4.63%
Median 12 month -1.33% -0.57%
Median 3 years 3.87% 2.94%
Median 5 years 9.83% -3.83%
10 years average annual 1.47% 2.62%
Weekly media advert. rent $500 $400
Time on Market 39.0 days 95.7 days
Gross Rental Yield Percent 4.12% 4.75%
demographics (median values)
Total Population
10709
Weekly Household Income
1367
Household Size
2.90
demographics
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