If you compare the increase in value of investment property in Wellard, 6170 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this WA suburb was -2.50%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Wellard has fallen somewhat when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Wellard are currently offering property investors an average price cut of -8.91% below the asking price at the moment.
Property investors should expect to get $340 weekly from the median priced house in this suburb.