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.