Suburb Profile Report for Wellington NSW (2820)

Wellington House: Median price $140,000, Annual capital growth 1.41%, Number of sales 106, Weekly median advertised rent $230

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Wellington, 2820 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -3.45%.

Comparing Wellington,2820 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Wellington2820 is located in NSW which offers an average discount of -5.45% to property investors. Wellington itself is showing figures that indicate -11.76% is the average achievable by property buyers investing in the suburb.

A $230 per week rent on the median house gives suburb investors a gross yield of circa 8.54%, without taking into account capital value appreciation, which has been averaging out at 1.41%.

Metrics i HOUSE UNIT
$140,000 N/A
-0.71% N/A
-3.45% N/A
1.41% N/A
$230 N/A
106 N/A
8.54% N/A
167.78 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 4065
Median household income ($/weekly) 661
Median age of persons 42
Median housing loan repayment ($/monthly) 953
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 583 14.3
    35-44 years 433 10.6
    45-54 years 478 11.8
    55-64 years 517 12.7
    65-74 years 437 10.7
    Others 1619 39.8
    Age Group
    Census Count Percent(%)
    Not Married 1420 51.5
    Registered Married 1016 36.9
    Defacto Relationship 319 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3566 94.9
    New Zealand 15 0.4
    Papua New Guinea 34 0.9
    United Kingdom 58 1.5
    Other 22 0.6
    Others 61 1.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 6 0.2
    Christianity 3194 86.5
    Hinduism 3 0.1
    Other Religious Groups 10 0.3
    No Religion 475 12.9
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 267 19.3
    $400-$599 249 18.0
    $600-$799 185 13.4
    $800-$999 143 10.3
    $1,000-$1,249 122 8.8
    Others 419 30.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1581 53.2
    Employed, worked full-time 714 24.0
    Employed, worked part-time 401 13.5
    Unemployed, looking for work 189 6.4
    Employed, away from work 86 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 166 13.9
    Technicians & trades workers 158 13.2
    Community & personal service workers 224 18.7
    Sales 128 10.7
    Labourers 182 15.2
    Others 340 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 84 10.4
    Infants/Primary 341 42.0
    Secondary 242 29.8
    Technical or Further Educational Institution 83 10.2
    University or other Tertiary Institutions 45 5.5
    Others 16 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3371 92.4
    Flat, unit or apartment 128 3.5
    Semi-detached, row or terrace house, townhouse 112 3.1
    House or flat attached to a shop, office 34 0.9
    Caravan, cabin, houseboat 5 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 597 39.1
    Fully owned 572 37.5
    Being purchased 348 22.8
    Other tenure type 9 0.6
    Tenure Type
Census 2011, ABS
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