- MEDIAN HOUSE RENT $350 per week
- GROSS RENTAL YIELD 5.4%
- VACANCY RATE 0.40%
- MEDIAN SALE PRICE $388,000
- SUBURB GROWTH 179.5%
Wellard is a southern suburb, 35km from Perth city.
By 2016 the population was 9,069 showing a population growth of 179.5% in the area during that time. The predominant age group in Wellard is 30- 39 years. Households in Wellard are primarily couples with children and are likely to be repaying $1800 – $2399 per month on mortgage repayments.
In general, people in Wellard work in a professional occupation. In 2011, 78% of the homes in Wellard were owner-occupied compared with 76% in 2016. Currently the median sales price of houses in the area is $388,000*.
*Source: Core Logic. Correct at 7 April 2021.
Living Edge, Wellard
Living Edge has nature at its core. Surrounded by 20 hectares of bushland, Living Edge contains just 200 lots, so as to retain the quiet natural environment and set it apart from the other busy estates in the area.
Its location near four local schools (primary and secondary), and four large shopping precincts, has made Living Edge popular with first home buyers and young families. The well-established adventure park within the estate and walking trails helps build the feeling of community among residents. Located only minutes from the Kwinana Freeway for easy access but benefiting from being surrounded by the quiet and leafy semi-rural properties which surround it.