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Investment Property Wellard, WA, 6170

Suburb Snapshot

Wellard is a suburb in the Kwinana Region of Western Australia. Wellard has a population of 9,094 people and 18.32% of its occupants live in rental accommodation. The median listing price for houses is $649,000 and this has changed 23.85% over the past year and changed 47.83% over 2 years.

The median rent in Wellard for houses is $640 per week and the median rental yield is 5.12%. Stock on the market for houses/townhouses has changed 47.43% compared to last year and the average time to sell a house/townhouse is 60 days.The median listing price for units is $450,000 and this has changed 38.46% over the past year. The average unit takes 52 days to sell and the median rent for a unit in Wellard is $445 per week, producing a rental yield of 5.14%.

Supply & Demand in Wellard, Kwinana

0.94%

Current vacancy rate


51

Rental stock available


9,094

Population


18.32%

Rental population


0.83%

Current vacancy rate


160

Rental stock available


38,914

Population


22.84%

Rental population


0.63%

Current vacancy rate


7,731

Rental stock available


2,474,414

Population


23.98%

Rental population


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Statistical data for Wellard, Kwinana

  House Townhouses Units
Median listing price $649,000 NA $450,000
Median price change - last quarter 5.54% NA 0.00%
Median price change - 1 year 23.85% NA 38.46%
Median price change - 2 years 47.83% NA NA
  House Townhouses Units
Median weekly rent $640 NA $445
Median yield % 5.12% NA 5.14%
Median rent change - 1 year 10.34% NA NA
  House Units
Previous month sales 18 0
Stock on market previous month 258 1
Stock variance vs. last year 47.43% 100.00%
Average days on market 60 52

Wellard investment property listings

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