Investment Property Wellington, Victoria

Region Snapshot

Wellington is a region in Victoria, Australia. Wellington has a population of 42,984 people and 17.56% of its occupants live in rental accommodation. The median listing price for houses is $365,000 and this has changed 9.28% over the past year and changed 15.87% over 2 years.

The median rent in for houses is $350 per week and the median rental yield is 4.98%. Stock on the market for houses/townhouses has changed -58.60% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $221,500 and this has changed 5.98% over the past year. The average unit takes NA days to sell and the median rent for a unit in Wellington is $260 per week, producing a rental yield of 6.10%.

Supply & Demand in Wellington

Current vacancy rate

Rental stock available

Population

Rental population

0.19%

Current vacancy rate

Rental stock available

42,984

Population

17.56%

Rental population

1.61%

Current vacancy rate

46,325

Rental stock available

5,926,624

Population

24.77%

Rental population

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Statistical data for Wellington

	House	Townhouses	Units
Median listing price	$365,000	$339,500	$221,500
Median price change - last quarter	2.85%	1.66%	4.76%
Median price change - 1 year	9.28%	3.19%	5.98%
Median price change -2 years	15.87%	-2.17%	10.75%

	House	Townhouses	Units
Median weekly rent	$350	$360	$260
Median yield %	4.98%	5.51%	6.10%
Median rent change - 1 year	11.11%	9.09%	8.33%

	House	Units
Previous month sales	46	5
Stock on market previous month	414	34
Stock variance vs. last year	-58.60%	-54.05%
Average days on market	NA	NA

Wellington investment property listings

Showing 5 of 720 investment properties found in Wellington on realestateinvestar.com.au

343 Commercial Rd, Yarram

$695,000

Outstanding Grand Family Home in Prime Position.

Be prepared to be surprised here!. Exquisite large home emulating a stunning showpiece of light, space and sophistication. This Executive Style home offers everything expected including a location that is a short walk to schools, cafes, including the Yarram Country Club and medical facilities. ...

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House

VIC 3971

63 Landy St, Maffra

$339,000

Budget four bedroom family home

Situated on approximately 900m2, this property is perfect for a family where space is a must have or an investor looking for a great return in today's market! The large lounge room takes in the morning sun and features a wood heater and split system air conditioner. The updated kitchen has gas ...

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House

VIC 3860

2/62 York St, Sale

$699,500

Incredible home in an enviable location

Bask in the glory of owning this quality 3-bedroom, 2-bathroom, 2-living and 2-outdoor patio sitting areas with views across Lake Guthridge, and a short stroll to the center of Sales vibrant retail strip. This beautiful, brand new townhouse is a two-level residence of quality executive living. ...

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Townhouse

VIC 3850

2/487 Raymond St, Sale

$290,000

WELL PRESENTED UNIT VERY CLOSE TO THE CBD

If you have been waiting for a three bedroom unit to either down size or invest in this may be the one for you. It is the middle unit of three in this complex and only a short stroll to the shopping precinct. This north facing unit has three sizeable bedrooms all with built in robes, the bathroom ...

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Unit

VIC 3850

70-76 Temple St, Heyfield

$397,000

Location, History & Potential

The Former Bank Of Victoria was build Circa 1906 and still stands strong on the corner of Temple Street & MacFarlane Street. Positioned on a large 807 SqM block, this presents a great oppourtunity for a solid investment with both commercial and residential aspects. While currently on one title ...

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