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Wellard

POSTAL CODE: WA, 6170
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Homeowners and real estate investors betting on WELLARD, 6170 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 13.64%.

A steady increase in median property prices over a five-year period in the suburb translates to a 66.67% capital gain.

Property investors in WELLARD enjoyed capital gains of 13.64% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $750,000.

Profits due to an upward trend in home prices there averaged 22.22% per annum over a 3-year period.

Home owners selling their properties and realtors in WELLARD usually have to wait an average of 27.1 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $665 mark, reflecting a 4.61% increase in returns based on the current median price in WELLARD.

WELLARD, 6170 places 238th in Australia based on median property value growth during the quarter.

Surburb overview

Wellard is a suburb located approximately 33 kilometres south of Perth's central business district. It is accessible via the Kwinana Freeway, which takes around 30 minutes to drive. The Wellard railway station on the Mandurah line serves the area, and a 30-minute train journey to Perth Underground station is also available.

According to the 2021 Census, Wellard had a population of approximately 10,500 residents. The suburb features a diverse demographic, with many families and young professionals. Housing options range from traditional freehold homesites to urban apartments, accommodating various lifestyle preferences.

Public transport in Wellard includes the Wellard railway station, which is part of the Mandurah line and provides regular services to Perth and Mandurah. The station is complemented by a bus interchange with four bus stands, served by routes 541, 542, and 544, facilitating connectivity within the suburb and to neighbouring areas.

Essential services in Wellard encompass educational institutions such as Wellard Primary School, Peter Carnley Anglican Community School, and The King's College. The suburb also hosts the John Wellard Community Centre, which offers facilities, activities and events. The Wellard Square shopping precinct's facilities, including a Woolworths supermarket and various specialty stores, meet retail needs.

Several parks and natural reserves support recreational activities in Wellard. The Alcoa Wellard Wetlands provide birdwatching and nature walks opportunities, while the Goodlet Ranch offers a natural bush setting for outdoor activities. Additionally, the suburb's proximity to coastal areas allows residents to access beaches within a 15-minute drive.

Wellard's blend of residential amenities, public transport connectivity, and access to natural attractions contributes to its character within the Perth metropolitan area.

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