Over the last year, property investments in West Wallsend, 2286 have given investors a capital gain of 12.66%. This compares favourably with the 7.28% for NSW as a whole.
The five-year average increase in median property values for West Wallsend,2286 has given property investors a potential capital gain of 41.36% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that West Wallsend is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 523th in terms of most discounted suburbs in NSW
In the last year 44 properties changed hands in West Wallsend, which puts it as the 724th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in West Wallsend being $422475 and the advertised rent reaching $355 the gross rental yield for property investors calculates out to be 4.37%