Suburb Profile Report for Wellington Point QLD (4160)

Wellington Point House: Median price $615,000, Annual capital growth 4.08%, Number of sales 233, Weekly median advertised rent $495

Wellington Point Unit: Median price $381,250, Annual capital growth 4.09%, Number of sales 37, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Wellington Point has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.37%

Comparing Wellington Point,4160 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for Wellington Point is $615000, with sellers offering an average of -4.61% off the asking price.

Often selling an investment property can take time, and in Wellington Point the average time real estate has been on the market is 59.47 days.

The QLD suburb of Wellington Point, 4160 is in the Redland local government area.

With a capital gain of -16.19% for the last 12 months, Wellington Point, 4160 has performed for property investments than its average annual 4.09% property growth over the last 5 years.

A 0.00% growth in median value for property investors in Wellington Point,4160 puts this suburb at number 305th in terms of best performing suburbs in QLD

The most recent median price for Wellington Point is $381250, with sellers offering an average of -7.16% off the asking price.

In the last year 37 properties changed hands in Wellington Point, which puts it as the 219th most active market in QLD when comparing the number of sales per suburb.

Wellington Point is 167th on a list of best yielding suburbs for rents in QLD with a 5.46% return

Metrics i HOUSE UNIT
$615,000 $381,250
2.50% -3.60%
8.37% -16.19%
4.08% 4.09%
$495 $400
233 37
4.19% 5.46%
59.47 96.08

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 11787
Median household income ($/weekly) 1733
Median age of persons 39
Median housing loan repayment ($/monthly) 2048
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1815 15.4
    25-34 years 1033 8.8
    35-44 years 1799 15.3
    45-54 years 2080 17.6
    55-64 years 1424 12.1
    Others 3636 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 4850 56.4
    Not Married 3038 35.3
    Defacto Relationship 709 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 8615 76.0
    Papua New Guinea 600 5.3
    South Africa 206 1.8
    United Kingdom 1091 9.6
    Other 295 2.6
    Others 535 4.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 72 0.7
    Christianity 8398 77.1
    Hinduism 29 0.3
    Other Religious Groups 103 0.9
    No Religion 2267 20.8
    Others 29 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 279 8.0
    $1,500-$1,999 531 15.2
    $2,000-$2,499 435 12.4
    $2,500-$2,999 440 12.6
    $3,000-$3,499 294 8.4
    Others 1516 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3983 44.5
    Not in the labour force 2430 27.1
    Employed, worked part-time 1930 21.5
    Unemployed, looking for work 310 3.5
    Employed, away from work 304 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 857 13.8
    Professionals 1217 19.6
    Technicians & trades workers 943 15.2
    Clerical & administrative workers 1115 17.9
    Sales 651 10.5
    Others 1434 23.1
    Occupation
    Census Count Percent(%)
    Pre-school 140 4.5
    Infants/Primary 1237 40.2
    Secondary 917 29.8
    Technical or Further Educational Institution 263 8.5
    University or other Tertiary Institutions 459 14.9
    Others 64 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10722 95.8
    Flat, unit or apartment 238 2.1
    Semi-detached, row or terrace house, townhouse 232 2.1
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1816 46.9
    Fully owned 1202 31.1
    Rented 845 21.8
    Other tenure type 7 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals