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Wellington Point suburb profile

Wellington Point is a picturesque bayside suburb located in the Redland City region, approximately 22km southeast of Brisbane's CBD. Known for its stunning coastal views and relaxed atmosphere, it is a popular destination for families and nature enthusiasts. The suburb features the iconic Wellington Point Reserve, offering picnic areas, walking tracks, and access to the sandbar at low tide. With a mix of modern homes and traditional Queenslanders, Wellington Point provides a serene lifestyle while maintaining convenient access to local amenities, schools, and public transport. Its natural beauty and community spirit make it a sought-after location for residents and visitors alike.

Wellington Point property market performance

Current median dwelling price$1,437,500Past 3 months

Property growth+33.7%Past 12 months

Wellington Point’s property market has experienced significant growth over the past 12 months, particularly in the unit sector. House values have increased by 11.3%, with the median house price reaching $1.4 million. Units have seen an impressive 32.1% rise, bringing the median unit price to $1.45 million, indicating strong demand for units in the area.

Sales activity has been robust, with 57 houses and 12 units sold in the past 12 months. Properties are moving quickly, with houses spending a median of 17 days on the market and units just 12 days, reflecting high buyer interest and competition.

The rental market for houses in Wellington Point has also seen growth, with average rents increasing by 6.7% to $800. However, there has been no change in unit rents, which remain at $0, suggesting a lack of rental activity in the unit sector.

HousesUnits
Median price
Past 3 months
$1.43MN/A
Change in value
Past 12 months
14.0%53.4%
Sold
Past 3 months
515
Median days on market
Past 12 months
1714
Average rent
Past 12 months
$800$710
Change in rent
Past 12 months
4.6%N/A

5 year median price trend for houses and units

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Wellington Point demographics

Wellington Point, located in the Redland City region of Queensland, is a picturesque suburb known for its scenic coastal views and family-friendly atmosphere. With a population of 12,661, the suburb offers a tranquil lifestyle while still being within commuting distance to Brisbane. The median age of 43 suggests a mature community, with many families and long-term residents enjoying the area's natural beauty and relaxed pace of life.

The suburb is predominantly composed of family households, with 47.2% being couple families with children and 37.1% being couple families without children. This indicates a strong community focus on family life, supported by local schools, parks, and recreational facilities. The presence of one-parent families at 14.2% also highlights the suburb's inclusivity and support for diverse family structures.

Property ownership in Wellington Point is notably high, with 36% of homes owned outright and 43.8% owned with a mortgage. This reflects a stable and established community, with many residents choosing to invest in the area long-term. The rental market is relatively small, with only 20.2% of properties being rented, which may appeal to those seeking a more permanent residence. Overall, Wellington Point offers a blend of coastal charm, community spirit, and a comfortable lifestyle, making it an attractive choice for families and retirees alike.

Wellington Point infrastructure, key developments and investment opportunities

Wellington Point continues to benefit from its established rail connection on the Cleveland line and regular bus services, supporting strong commuter appeal for those working in the Brisbane CBD and nearby employment centres.[4] Its coastal setting on Moreton Bay, with access to popular recreation spots and the King Island sandbar walk, underpins ongoing demand from lifestyle-focused buyers and reinforces the suburb’s reputation as a desirable bayside location.[2][7]

The suburb is largely built out, with most change occurring through incremental infill and townhouse developments rather than large greenfield estates, which may support price growth by limiting new land supply.[4] Proximity to nearby retail hubs, schools in adjoining suburbs, and broader Redland City amenities ensures residents have convenient access to services without major current disruption from large infrastructure works, suggesting a stable outlook for property values in Wellington Point at this time.[4][9]

Wellington Point rental market trends

The rental market in Wellington Point has experienced moderate growth, with house rents increasing by 6.7% over the past year to $800 per week. However, there has been no change in unit rents, which remain at $0 per week. This suggests a limited supply or demand for units in the area, while houses continue to attract interest from renters.

Suburbs near Wellington Point

Some popular suburbs near Wellington Point include:

How does Wellington Point compare to nearby suburbs?

  • Median house prices: Wellington Point’s median house price is 4.9% higher than Birkdale’s.
  • House price growth: Over the past 12 months, house prices in Wellington Point have grown 10.9% higher than in Birkdale.
  • Unit price growth: Over the past 12 months, unit prices in Wellington Point have grown 24.5% higher than in Birkdale.
  • Selling speed for houses: Properties in Wellington Point are selling 22.7% faster than in Ormiston.
  • Selling speed for units: Properties in Wellington Point are selling 26.3% faster than in Birkdale.
  • Investment considerations: In Wellington Point, the rental yield for house is 12.8% higher than the Brisbane average, while the rental yield for units is 8.7% higher.
  • House price growth: Over the past 12 months, house prices in Wellington Point have grown 12.9% higher than the average rate of growth across Brisbane.
  • Unit price growth:Over the past 12 months, unit prices in Wellington Point have grown 49.6% higher than the average rate of growth for units across Brisbane.

Common questions about Wellington Point

  • Is Wellington Point a nice place to live?

    Wellington Point is a delightful suburb that offers a serene and picturesque lifestyle, making it a wonderful place to live. Nestled along the coast, it boasts breathtaking views and a relaxed, bayside atmosphere that is perfect for families and nature lovers alike. The suburb is known for its charming blend of modern homes and traditional Queenslanders, providing a unique character that appeals to a wide range of residents. With its strong sense of community and welcoming vibe, Wellington Point is a place where families can thrive and enjoy a peaceful yet connected lifestyle.

    Living in Wellington Point means having convenient access to a variety of amenities, including local shops, cafes, and schools, all while being just a short commute from Brisbane's CBD. The suburb's proximity to the coast offers plenty of opportunities for outdoor activities, such as picnics, walking tracks, and exploring the iconic Wellington Point Reserve. Safety is generally not a major concern, contributing to the suburb's appeal as a family-friendly area. However, the trade-off for this idyllic lifestyle is that the suburb is largely built out, with limited new land supply, which can impact property prices and availability.

    For families, Wellington Point offers a supportive environment with a focus on community and family life. The suburb's natural beauty and tranquil setting make it an ideal place for children to grow up, while the established rail and bus connections ensure easy access to the city for work or leisure. While it may not have the bustling nightlife of inner-city areas, Wellington Point more than compensates with its coastal charm and community spirit. Overall, Wellington Point is a fantastic choice for those seeking a peaceful, family-oriented lifestyle with the added benefit of stunning coastal views.

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  • Is it expensive to live in Wellington Point?

    Living in Wellington Point can be quite expensive, especially when it comes to housing. The current median house price is a hefty $1,400,000, and units are even pricier at $1,450,000. This makes buying property in this suburb a significant financial commitment. Renting isn't exactly cheap either, with the average rent for houses sitting at around $800 per week, although there seems to be a lack of data for unit rentals.

    When you compare the local earnings to the rest of Queensland, Wellington Point households are doing well, with an average income of $2,200 per week, which is higher than the state average. However, even with these higher earnings, the cost of housing in Wellington Point can take up a large chunk of income. If you're considering moving to Wellington Point, it's important to weigh these costs against the benefits of living in this beautiful bayside suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Wellington Point a good place to invest?

    Wellington Point is showing promising signs as a potential investment hotspot, particularly for those interested in capital growth. Over the past 12 months, the suburb has experienced a significant increase in median house values, rising by 11.3%. This indicates a strong demand for houses, which could be driven by the suburb's appealing coastal lifestyle and proximity to Brisbane. Even more impressive is the surge in median unit values, which have jumped by 32.1% over the same period. This suggests a growing interest in more affordable housing options, possibly from young professionals or downsizers looking to enjoy the area's amenities without the upkeep of a larger home.

    While the rental market for houses in Wellington Point has seen a healthy increase of 6.7% in the past year, the rental prices for units have remained stable. This stability in unit rents might appeal to investors seeking steady rental income without the volatility of fluctuating prices. The suburb's family-friendly environment, coupled with its scenic views and access to local schools and parks, makes it attractive to both renters and buyers. Overall, Wellington Point's recent growth in property values and its desirable lifestyle offerings make it an appealing choice for investors looking for both capital appreciation and rental income potential.

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Choose the right real estate agents in Wellington Point

Currently, there are 78 real estate agents working in Wellington Point—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 78 agents sold 40.3% of all properties in Wellington Point over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Wellington Point typically charge a commission of 2.8% to 3.13%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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