Giving property investors a a stable capital gain of 9.29% for the last year, Wellington Point, 4160 is the 1379th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Wellington Point has given property investors a paper return of -0.20%. This puts Suburb as 554 on a list of fastest fasting appreciating suburbs in QLD
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.16% offered to property buyers. Sellers in Wellington Point itself are offering an average vendor discount of -4.60% to real estate investors.
On average over the past year, suburb has had 18.00 sales per month, which equates to 216 per year.
With the median price for a house in Wellington Point being $617500 and the advertised rent reaching $495 the gross rental yield for property investors calculates out to be 4.17%
Giving property investors a a poor capital gain of -16.21% for the last year, Wellington Point, 4160 is the 1646th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Wellington Point,4160 has racked up an average of -16.21% over the period. This ranks it number 1099th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Wellington Point are currently offering property investors an average price cut of -5.80% below the asking price at the moment.
At number 976 in a list of fastest selling suburbs, Wellington Point is in the bottom 40% of suburbs in Australia with an average of days on market 90.75 for properties listed there.
A $405 per week rent on the median house gives suburb investors a gross yield of circa 5.52%, without taking into account capital value appreciation, which has been averaging out at 4.04%.