Wellington is a smaller suburb in New South Wales within the Dubbo Regional local government area (postcode 2820). With a population of 4,096, the suburb has an established demographic with a median age of 41. Households earn a median income of $51K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, labourers, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Wellington is $375,000, having surged 20.3% over the past year. Units have a median price of $283,000 (+5.8% YoY). The current median weekly rent is $640. This gives a gross rental yield of approximately 8.9%. The median monthly mortgage repayment is $936.
Wellington is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 856, which is well below the national average of 1,000. Public transport access includes 1 rail station, 58 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Dubbo Regional LGA is moderate at 6,959 incidents per 100,000 population.
From an investment perspective, Wellington offers a gross rental yield of 8.9%, rated as high yield. Property prices sit below the state median ($375K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved +20.3% year-on-year.
Wellington is a smaller suburb in New South Wales within the Dubbo Regional local government area (postcode 2820). With a population of 4,096, the suburb has an established demographic with a median age of 41. Households earn a median income of $51K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, labourers, technicians & trades. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Wellington is $375,000, having surged 20.3% over the past year. Units have a median price of $283,000 (+5.8% YoY). The current median weekly rent is $640. This gives a gross rental yield of approximately 8.9%. The median monthly mortgage repayment is $936.
Wellington is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 856, which is well below the national average of 1,000. Public transport access includes 1 rail station, 58 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Dubbo Regional LGA is moderate at 6,959 incidents per 100,000 population.
From an investment perspective, Wellington offers a gross rental yield of 8.9%, rated as high yield. Property prices sit below the state median ($375K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved +20.3% year-on-year.