Suburb Profile Report for West Wallsend NSW (2286)

West Wallsend House: Median price $437,500, Annual capital growth 5.67%, Number of sales 59, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Over the last year, property investments in West Wallsend, 2286 have given investors a capital gain of 8.70%. This compares averagely with the 9.74% for NSW as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, West Wallsend comes in at number 393th in NSW.

Sellers are offering property buyers an average discount of -5.88% to buyers in West Wallsend at the moment, which is less than average for the rest of NSW.

Using the current median advertised rental of $380 and the average annual increase in value of a median property of 5.67%, investors should hope to achieve an overall return of 4.52%

Metrics i HOUSE UNIT
$437,500 N/A
1.74% N/A
8.70% N/A
5.67% N/A
$380 N/A
59 N/A
4.52% N/A
82.32 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1714
Median household income ($/weekly) 1057
Median age of persons 37
Median housing loan repayment ($/monthly) 1517
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 243 14.2
    25-34 years 194 11.3
    35-44 years 259 15.1
    45-54 years 246 14.4
    55-64 years 192 11.2
    Others 580 33.8
    Age Group
    Census Count Percent(%)
    Registered Married 563 45.0
    Not Married 545 43.5
    Defacto Relationship 144 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1560 95.0
    Greece 9 0.5
    Papua New Guinea 19 1.2
    United Kingdom 32 1.9
    Other 7 0.4
    Others 15 0.9
    Country of Birth
    Census Count Percent(%)
    Christianity 1126 72.8
    No Religion 401 25.9
    Other Religious Groups 11 0.7
    Buddhism 9 0.6
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 74 13.1
    $600-$799 74 13.1
    $1,000-$1,249 56 9.9
    $1,500-$1,999 79 13.9
    $2,000-$2,499 54 9.5
    Others 230 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 490 38.6
    Employed, worked full-time 453 35.6
    Employed, worked part-time 222 17.5
    Employed, away from work 60 4.7
    Unemployed, looking for work 46 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 89 12.1
    Technicians & trades workers 148 20.1
    Clerical & administrative workers 90 12.2
    Machinery operators & drivers 81 11.0
    Labourers 113 15.4
    Others 214 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 48 11.5
    Infants/Primary 159 38.2
    Secondary 124 29.8
    Technical or Further Educational Institution 39 9.4
    University or other Tertiary Institutions 37 8.9
    Others 9 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1606 97.3
    Flat, unit or apartment 17 1.0
    Semi-detached, row or terrace house, townhouse 14 0.8
    House or flat attached to a shop, office 13 0.8
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 285 47.1
    Fully owned 206 34.0
    Rented 114 18.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals