Suburb Profile Report for Wellington NSW (2820)

Wellington House: Median price $160,000, Annual capital growth 3.31%, Number of sales 102, Weekly median advertised rent $260

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Sep 2019 as supplied by CoreLogic. Data is reported to the period ending Jun 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

Wellington is in the TOP 30% in NSW when comparing median price capital growth over the last year. Wellington gave property investors a good capital gain figure when compared to the rest of the state, with 3.23%.

Comparing Wellington,2820 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Wellington is offering property investors an average of -7.26. This rate of discount on properties puts Suburb at number 20th in terms of most discounted suburbs in NSW

Renters in Suburb are facing rents around $13520 per annum or $260 every week.

Metrics	HOUSE	UNIT
Median price	$160,000	N/A
Quarterly growth	6.67%	N/A
12-month growth	3.23%	N/A
Average Annual Growth	3.31%	N/A
Weekly median advertised rent	$260	N/A
Number of sales	102	N/A
Gross rental yield	8.45%	N/A
Days on market	125.734693877551	N/A

Your estimated repayment
$619.04/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

DSR Score for property investment : Below average (H), Poor (U)

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Demographics

Total population	4065
Median household income ($/weekly)	661
Median age of persons	42
Median housing loan repayment ($/monthly)	953
Average household size	2.3

Census	Count	Percent(%)
5-14 years	583	14.3
35-44 years	433	10.6
45-54 years	478	11.8
55-64 years	517	12.7
65-74 years	437	10.7
Others	1619	39.8

Age Group

Census	Count	Percent(%)
Not Married	1420	51.5
Registered Married	1016	36.9
Defacto Relationship	319	11.6

Social Marital Status

Census	Count	Percent(%)
Australia	3566	94.9
New Zealand	15	0.4
Papua New Guinea	34	0.9
United Kingdom	58	1.5
Other	22	0.6
Others	61	1.6

Country of Birth

Census	Count	Percent(%)
Buddhism	6	0.2
Christianity	3194	86.5
Hinduism	3	0.1
Other Religious Groups	10	0.3
No Religion	475	12.9
Others	3	0.1

Religious Affiliation

Census	Count	Percent(%)
$300-$399	267	19.3
$400-$599	249	18.0
$600-$799	185	13.4
$800-$999	143	10.3
$1,000-$1,249	122	8.8
Others	419	30.3

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	1581	53.2
Employed, worked full-time	714	24.0
Employed, worked part-time	401	13.5
Unemployed, looking for work	189	6.4
Employed, away from work	86	2.9

Person Characteristics

Census	Count	Percent(%)
Professionals	166	13.9
Technicians & trades workers	158	13.2
Community & personal service workers	224	18.7
Sales	128	10.7
Labourers	182	15.2
Others	340	28.4

Occupation

Census	Count	Percent(%)
Pre-school	84	10.4
Infants/Primary	341	42.0
Secondary	242	29.8
Technical or Further Educational Institution	83	10.2
University or other Tertiary Institutions	45	5.5
Others	16	2.0

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	3371	92.4
Flat, unit or apartment	128	3.5
Semi-detached, row or terrace house, townhouse	112	3.1
House or flat attached to a shop, office	34	0.9
Caravan, cabin, houseboat	5	0.1
Others	0	0.0