Thinking about buying in Wellesley? Now could not be a better time, with just 160 residential dwellings it's a highly sought after location. The aproximate distance to the coast is 385 Km.
| Median Weekly Rent | $150.00 |
| Median Monthly Mortgage | $780.00 |
| Median Persons Per Bedroom | 0.80 |
| Average Household Size | 2.00 |
| Average Age | 47.00 |
| Average Income | $690.00 |
| Average Cars Per Dwelling | 1.72 |
| Average Properties Within 50M | 2 |
In Wellesley there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Wellesley is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Wellesley changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Wellesley necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Wellesley the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Surat State School
(While the above schools are located with the suburb of Wellesley there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.5 | 22.5 | 35.7 | 24.5 | 67.0 | 4.2 | 25.7 |
| Feb | 2.7 | 21.3 | 33.8 | 29.1 | 73.2 | 3.8 | 24.4 |
| Mar | 1.5 | 19.7 | 32.4 | 29.9 | 75.3 | 3.5 | 20.6 |
| Apr | 0.6 | 14.2 | 28.5 | 29.3 | 78.9 | 3.0 | 18.4 |
| May | 0.8 | 8.9 | 23.6 | 32.9 | 84.0 | 2.8 | 14.5 |
| Jun | 1.0 | 6.8 | 19.6 | 42.1 | 88.9 | 3.0 | 12.5 |
| Jul | 0.8 | 5.5 | 19.6 | 36.6 | 87.1 | 3.0 | 13.7 |
| Aug | 0.4 | 5.4 | 21.9 | 25.8 | 79.8 | 3.1 | 16.4 |
| Sept | 0.8 | 10.2 | 26.6 | 21.9 | 70.2 | 3.6 | 21 |
| Oct | 1.1 | 14.4 | 29.6 | 23.1 | 69.3 | 3.9 | 24.7 |
| Nov | 2.2 | 18.8 | 33.4 | 22.6 | 67.1 | 4 | 27.0 |
| Dec | 1.0 | 20.5 | 34.3 | 24.5 | 68.7 | 4.1 | 27.9 |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!