Could Wellington Point be the Best areas to buy in Redlands? Read the Wellington Point real estate buyer’s agent suburb report on to find out!
Overview
Wellington Point, a charming coastal suburb in the Redlands region, is renowned for its scenic beauty, family-friendly lifestyle, and vibrant community. Situated on a picturesque peninsula, the suburb offers stunning views, waterfront recreational areas, and a blend of urban convenience and tranquil living. Its excellent schools, modern amenities, and convenient transport links to Brisbane make Wellington Point an attractive destination for families, professionals, and investors alike.
Suburb Snapshot
- Median House Price (2024): $1,200,000
- Annual Growth Rate (2024): 14.8%
- Proximity to Major Locations:
- Brisbane CBD: 22 km (Approx. 35 minutes’ Drive)
- Capalaba CBD: 7 km (Approx. 10 minutes’ Drive)
- Carindale: 15 km (Approx. 20 minutes’ Drive)
- Gold Coast CBD (Cavill Ave, Surfers Paradise): 70 km (Approx. 1 hour Drive)
- Key Features: Waterfront parks, vibrant dining options, and excellent schools.
Demographics
- Population: 12,350 (2021 Census)
- Median Age: 42 years
- Housing Types: Predominantly detached homes with a mix of modern townhouses and luxury waterfront properties. Approximately 78% of homes are owner-occupied, reflecting a strong sense of community.
Property Market Overview
- House Prices:
- Median: $1,200,000 (2024)
- Long-Term Growth: Median house prices have increased from $489,500 in 2007 to $1,200,000 in 2024, reflecting a compound annual growth rate (CAGR) of approximately 5.67%.
- Key Growth Years: Significant growth observed in 2021 (33.3%) and 2024 (14.8%), driven by high demand and limited supply.
- Rental Market (Houses):
- Median Rent: $770/week
- Rental Yield: 3.3%
- Unit Prices:
- Median: $717,500 (2024)
- Rental Yield: 4.1%
- Vacancy Rate: As of Nov 2024, the vacancy rate is 1.5%, indicating robust demand for rental properties.
- Recent Sales Highlights:
- 13 Drake St: $1,259,000 (Dec 2024)
- 8 Tarvin Cl: $1,208,000 (Dec 2024)
- 11 Vantage Cres: $1,800,000 (Dec 2024)
Wellington Point’s property market showcases consistent long-term growth, with the median house price increasing from $489,500 in 2007 to $1,200,000 in 2024. This represents an annual growth rate of 5.67% over 17 years, highlighting its enduring appeal and investment potential. The suburb experienced significant growth spurts, particularly in 2021 (33.3%) and 2024 (14.8%), reflecting its popularity among buyers and investors.
Education Options
- Primary Schools:
- Wellington Point State School
- Redlands College (Prep-Year 12, Private)
- Secondary Schools:
- Wellington Point State High School
- Child Care Centres: 8 centres, sourced from Toddle and CareforKids.
Lifestyle and Amenities
- Shopping: Local shopping includes Wellington Point Village, with specialty shops and cafes. Nearby Capalaba Central and Capalaba Park offer extensive retail options.
- Parks and Recreation: Wellington Point Reserve and King Island Walk provide outdoor activities such as picnicking, kayaking, and fishing. Ormiston House and historic sites add to its cultural appeal.
- Transport: Reliable bus and train services connect Wellington Point to Brisbane and surrounding suburbs, with easy access to major arterial roads.
Health and Wellbeing
- Hospitals:
- Redland Hospital (10 km away)
- Mater Private Hospital Redland
- Healthcare: Multiple general practices, dental clinics, and allied health services ensure comprehensive care for residents.
Community and Employment
- Key Sectors: Education, healthcare, and retail dominate the local employment landscape. A significant number of residents commute to Brisbane for work.
- Community Activities: Annual events such as markets and waterfront festivals foster a vibrant community spirit.
Recent and Planned Developments
- Wellington Point Village Revitalisation Project: This initiative aims to enhance local shopping and dining experiences, boost tourism, and create jobs for residents.
- For more development projects in Redlands, Click here.
- Redlands Coast Smart City Program: Focused on integrating smart technologies to improve connectivity, energy efficiency, and sustainability.
- For more development projects in South East Queensland, Click here.
Key Statistics Table
| Metric | Value |
|---|---|
| Population | 12,350 |
| Median House Price | $1,200,000 |
| Median Rent (Houses) | $770/week |
| Rental Yield (Houses) | 3.3% |
| Median Unit Price | $717,500 |
| Rental Yield (Units) | 4.1% |
| Education Facilities | 8 child care centres, 3 schools |
| Transport Access | Excellent bus and train services |
Looking for the Best Buyer’s Agent in Redlands Queensland?
IPS Buyer’s Agent is here to help! As a full-service buyer’s agent for Redlands, we pride ourselves on delivering expert guidance tailored to your needs.
The Redlands holds a special place in my heart. For nearly a quarter of a century, I called it home. It’s where I built my life and invested in my first two properties. This deep connection drives my passion for helping others find their perfect property in this beautiful region.
Whether you’re a first-home buyer’s agent in Redlands QLD, upsizing with a Thornlands buyer’s agent for homebuyers, or downsizing with a property buyer’s agent in Victoria Point QLD, we have you covered. For those seeking smart investment opportunities, our expertise as a Capalaba buyer’s agent for investment properties ensures you’ll make informed decisions with confidence.
Are you searching for homes for sale in Cleveland QLD with a buyer’s agent? Or perhaps you’re navigating the competitive real estate market as you relocate to Redlands? Our expert suburb profiles, tailored reports, and dedicated services will guide you every step of the way.
At IPS Buyer’s Agent, we aim to be the top-rated buyer’s agent in Redlands Queensland by delivering unmatched support and advice. Contact us today to discover how we can help make your real estate journey a success!
Conclusion: Why Choose Wellington Point?
Wellington Point’s unique blend of coastal charm, modern amenities, and strong community appeal make it an ideal choice for families, professionals, and investors. With consistent property market growth, excellent lifestyle offerings, and strategic developments underway, this suburb continues to attract interest and investment.
Ready to make Wellington Point your next destination? Contact us today to begin your journey!