At number 2237th in the list of Australian suburbs ordered by increase in median house value over the last year, Wellington Point, 4160 is in the BOTTOM 50% with a property value increase of 5.64% recorded in median house prices.
Wellington Point,4160 was ranked 2408 in Australia by increase in median property value over the quarter.
Vendor discounting in Wellington Point is giving property investors an average Vendor Discount of around -4.81%. This puts suburb at number 632th in QLD when ranking the most discounted suburbs.
Advertised rents are around the $495 mark per week – giving a return of 4.17% based on the median price in Suburb
Wellington Point, 4160 ranked 270th in QLD when comparing growth in median property values or capital gain over the last 12 months. Wellington Point is one of 2415 in our list for QLD
Comparing Wellington Point,4160 ‘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 Point is offering property investors an average of -5.98. This rate of discount on properties puts Suburb at number 211th in terms of most discounted suburbs in QLD
A $410 per week rent on the median house gives suburb investors a gross yield of circa 5.02%, without taking into account capital value appreciation, which has been averaging out at 4.06%.