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