NSW has seen average median house prices change by 6.87% which means that Wellington, 2820 has done well for property investors by showing a capital gain of 1.43% over the last year
Comparing Wellington,2820 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Wellington is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 18th in terms of most discounted suburbs in NSW
In the last year 86 properties changed hands in Wellington, which puts it as the 354th most active market in NSW when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $2640 per annum or $220 every week.