WA has seen average median house prices change by -3.96% which means that Wellard, 6170 has not done well for property investors by showing a capital gain of -4.65% over the last year
Across a shorter period, Wellard, 6170 has seen a median price increase of -0.12% over the last quarter.
At number 219th of WA’s most discounted properties, Wellard is in the middle of the state/territory when listing in order of most discounted to least.
Residents and property investors in Wellard have been waiting around 118.88 days to sell a property.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.57%, without taking into account capital value appreciation, which has been averaging out at 9.45%.
WA has seen average median house prices change by -4.19% which means that Wellard, 6170 has not done well for property investors by showing a capital gain of -6.25% over the last year
Taking the average capital gain, or increase in median house value, Wellard,6170 has racked up an average of -6.25% over the period. This ranks it number 1242th in the whole country for real estate investors looking at median house price increases.
With the median price for a house in Wellard being $337500 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 4.47%