Suburb Profile Report for Wellington Point QLD (4160)

Wellington Point House: Median price $595,000, Annual capital growth 4.23%, Number of sales 228, Weekly median advertised rent $495

Wellington Point Unit: Median price $420,000, Annual capital growth 5.06%, Number of sales 40, Weekly median advertised rent $385

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 1.98% which means that Wellington Point, 4160 has done well for property investors by showing a capital gain of 4.80% over the last year

Wellington Point,4160 was ranked 561 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -3.98% to buyers in Wellington Point at the moment, which is less than average for the rest of QLD.

With the median price for a house in Wellington Point being $595000 and the advertised rent reaching $495 the gross rental yield for property investors calculates out to be 4.33%

Wellington Point has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -8.08% to date .

Across a shorter period, Wellington Point, 4160 has seen a median price increase of -5.38% over the last quarter.

Wellington Point4160 is located in QLD which offers an average discount of -5.98% to property investors. Wellington Point itself is showing figures that indicate -5.87% is the average achievable by property buyers investing in the suburb.

HOUSE UNIT
$595,000 $420,000
4.57% -5.38%
4.80% -8.08%
4.23% 5.06%
$495 $385
228 40
4.33% 4.77%
67.2 92.34

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (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
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