At number 3674th in the list of Australian suburbs ordered by increase in median house value over the last year, Wellard, 6170 is in the BOTTOM 20% with a property value increase of -7.85% recorded in median house prices.
While Wellard,6170 ranked number 208th in WA for increase in median house value (annualised) increase, it is ranked 80th over the last 5 years.
Vendor discounting in Wellard is giving property investors an average Vendor Discount of around -7.10%. This puts suburb at number 254th in WA when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $4320 per annum or $360 every week.
Wellard has had a pretty good year for property investment returns compared to the rest of WA, giving investors a capital gain of -2.08% to date .
In the last year 13 properties changed hands in Wellard, which puts it as the 99th most active market in WA when comparing the number of sales per suburb.
Wellard, 6170’s gross rental yield is 4.28%