Suburb Profile Report for Wellington Point QLD (4160)

Wellington Point House: Median price $795,500, Annual capital growth 6.94%, Number of sales 293, Weekly median advertised rent $0

Wellington Point Unit: Median price $462,500, Annual capital growth 3.85%, Number of sales 35, Weekly median advertised rent $0

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property value increases in Wellington Point have tracked higher than the QLD average of 15.40% over the last 12 months.

Taking the average capital gain, or increase in median house value, Wellington Point,4160 has racked up an average of 25.37% over the period. This ranks it number 899th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Wellington Point is $795500, with sellers offering an average of 0.00% off the asking price.

Often selling an investment property can take time, and in Wellington Point the average time real estate has been on the market is 49.9231 days.

Wellington Point is 985th on a list of best yielding suburbs for rents in QLD with a 0.00% return

Wellington Point is in the bottom 10% in QLD when comparing median price capital growth over the last year. Wellington Point gave property investors a dismal capital gain figure when compared to the rest of the state, with -3.93%.

Across a shorter period, Wellington Point, 4160 has seen a median price increase of 3.71% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Wellington Point, 4160. Typically our figures indicate that -4.30% is being offered, which puts this QLD suburb at 450th most discounted overall in Australia.

Property investors should expect to get $0 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$795,500 $462,500
3.70% 3.71%
25.37% -3.93%
6.94% 3.85%
$0 $0
293 35
0.00% 0.00%
49.9230769230769 100.285714285714

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 11787
Median household income ($/weekly) 1733
Median age of persons 39
Median housing loan repayment ($/monthly) 2048
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1815 15.4
    25-34 years 1033 8.8
    35-44 years 1799 15.3
    45-54 years 2080 17.6
    55-64 years 1424 12.1
    Others 3636 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 4850 56.4
    Not Married 3038 35.3
    Defacto Relationship 709 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 8615 76.0
    Papua New Guinea 600 5.3
    South Africa 206 1.8
    United Kingdom 1091 9.6
    Other 295 2.6
    Others 535 4.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 72 0.7
    Christianity 8398 77.1
    Hinduism 29 0.3
    Other Religious Groups 103 0.9
    No Religion 2267 20.8
    Others 29 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 279 8.0
    $1,500-$1,999 531 15.2
    $2,000-$2,499 435 12.4
    $2,500-$2,999 440 12.6
    $3,000-$3,499 294 8.4
    Others 1516 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3983 44.5
    Not in the labour force 2430 27.1
    Employed, worked part-time 1930 21.5
    Unemployed, looking for work 310 3.5
    Employed, away from work 304 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 857 13.8
    Professionals 1217 19.6
    Technicians & trades workers 943 15.2
    Clerical & administrative workers 1115 17.9
    Sales 651 10.5
    Others 1434 23.1
    Occupation
    Census Count Percent(%)
    Pre-school 140 4.5
    Infants/Primary 1237 40.2
    Secondary 917 29.8
    Technical or Further Educational Institution 263 8.5
    University or other Tertiary Institutions 459 14.9
    Others 64 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10722 95.8
    Flat, unit or apartment 238 2.1
    Semi-detached, row or terrace house, townhouse 232 2.1
    House or flat attached to a shop, office 3 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1816 46.9
    Fully owned 1202 31.1
    Rented 845 21.8
    Other tenure type 7 0.2
    Tenure Type
Census 2011, ABS
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