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 -6.52%.
If we look at median property appreciation over just the last three months, Wellard has given property investors a paper return of -2.05%. This puts Suburb as 257 on a list of fastest fasting appreciating suburbs in WA
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 -7.02% is being offered, which puts this WA suburb at 1194th most discounted overall in Australia.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 2.78%, investors should hope to achieve an overall return of 4.60%
WA has seen average median house prices change by -3.39% which means that Wellard, 6170 has not done well for property investors by showing a capital gain of 4.35% over the last year