Property investors who have had real estate in Wellington, 2820 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.06%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wellington has increased when compared to the 5 year average annual rate.
At number 8th of NSW’s most discounted properties, Wellington is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Wellington, 2820’s gross rental yield is 8.39%