Property value increases in Wellington Point have tracked just higher than the QLD average of 1.17% over the last 12 months.
Over the longer term, Wellington Point has seen property prices show investors a 4.51% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Wellington Point is $637500, with sellers offering an average of -4.72% off the asking price.
In the last year 195 properties changed hands in Wellington Point, which puts it as the 55th most active market in QLD when comparing the number of sales per suburb.
A $525 per week rent on the median house gives suburb investors a gross yield of circa 4.28%, without taking into account capital value appreciation, which has been averaging out at 2.13%.
Over the last year, property investments in Wellington Point, 4160 have given investors a capital gain of 8.93%. This compares very favourably with the 0.65% for QLD as a whole.
Comparing Wellington Point,4160 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Sellers are offering property buyers an average discount of -4.82% to buyers in Wellington Point at the moment, which is less than average for the rest of QLD.
Wellington Point is 304th on a list of best yielding suburbs for rents in QLD with a 4.55% return