Wellard is in the bottom 40% in WA when comparing median price capital growth over the last year. Wellard gave property investors a disappointing capital gain figure when compared to the rest of the state, with -7.61%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wellard has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wellard, 6170. Typically our figures indicate that -7.05% is being offered, which puts this WA suburb at 1195th most discounted overall in Australia.
Property investors should expect to get $380 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Wellard, 6170 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this WA suburb was 4.35%.