Suburb Profile Report for Wallsend NSW (2287)

Wallsend House: Median price $420,000, Annual capital growth 4.35%, Number of sales 260, Weekly median advertised rent $380

Wallsend Unit: Median price $360,000, Annual capital growth 4.78%, Number of sales 89, Weekly median advertised rent $360

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Wallsend has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.01%

Wallsend,2287 was ranked 2020 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Wallsend is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 664th in terms of most discounted suburbs in NSW

Property investors should expect to get $380 weekly from the median priced house in this suburb.

Giving property investors a an unimpressive capital gain of -0.69% for the last year, Wallsend, 2287 is the 1139th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Wallsend comes in at number 484th in NSW.

Sellers are offering property buyers an average discount of -4.25% to buyers in Wallsend at the moment, which is less than average for the rest of NSW.

Residents and property investors in Wallsend have been waiting around 76.96 days to sell a property.

HOUSE UNIT
$420,000 $360,000
1.20% 0.00%
4.01% -0.69%
4.35% 4.78%
$380 $360
260 89
4.70% 5.20%
51.1 76.96

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 12308
Median household income ($/weekly) 979
Median age of persons 40
Median housing loan repayment ($/monthly) 1665
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1410 11.5
    25-34 years 1595 13.0
    35-44 years 1524 12.4
    45-54 years 1562 12.7
    55-64 years 1462 11.9
    Others 4754 38.6
    Age Group
    Census Count Percent(%)
    Not Married 4200 46.1
    Registered Married 4104 45.0
    Defacto Relationship 811 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 10250 87.8
    Indonesia 83 0.7
    Papua New Guinea 94 0.8
    United Kingdom 273 2.3
    Other 235 2.0
    Others 735 6.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 103 0.9
    Christianity 8471 75.4
    Hinduism 85 0.8
    Islam 186 1.7
    No Religion 2333 20.8
    Others 60 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 529 12.2
    $400-$599 552 12.7
    $600-$799 464 10.7
    $1,000-$1,249 403 9.3
    $1,500-$1,999 547 12.6
    Others 1841 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4168 43.0
    Employed, worked full-time 3183 32.9
    Employed, worked part-time 1679 17.3
    Employed, away from work 337 3.5
    Unemployed, looking for work 318 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 953 18.3
    Technicians & trades workers 831 16.0
    Clerical & administrative workers 769 14.8
    Sales 552 10.6
    Labourers 611 11.8
    Others 1481 28.5
    Occupation
    Census Count Percent(%)
    Pre-school 179 6.8
    Infants/Primary 861 32.6
    Secondary 708 26.8
    Technical or Further Educational Institution 281 10.6
    University or other Tertiary Institutions 535 20.3
    Others 77 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9806 86.4
    Semi-detached, row or terrace house, townhouse 974 8.6
    Flat, unit or apartment 569 5.0
    House or flat attached to a shop, office 5 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1603 34.3
    Being purchased 1550 33.2
    Rented 1443 30.9
    Other tenure type 77 1.6
    Tenure Type
Census 2011, ABS
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