Over the last year, property investments in West Wallsend, 2286 have given investors a capital gain of 3.67%. This compares badly with the 8.26% for NSW as a whole.
A 34.43% growth in median value for property investors in West Wallsend,2286 puts this suburb at number 1339th in terms of best performing suburbs in NSW
Property investors looking for a bargain in West Wallsend should be aiming for at least -5.92% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 53 properties changed hands in West Wallsend, which puts it as the 619th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in West Wallsend being $410000 and the advertised rent reaching $355 the gross rental yield for property investors calculates out to be 4.50%