Property value increases in Wallsend have tracked just lower than the NSW average of 7.15% over the last 12 months.
Wallsend,2287 was ranked 1085 in Australia by increase in median property value over the quarter.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Wallsend itself are offering an average vendor discount of -5.24% to real estate investors.
Situated 114.04km from the CBD, Wallsend is one of Newcastle localities in the postcode 2287.
Property value increases in Wallsend have tracked just lower than the NSW average of 6.59% over the last 12 months.
Comparing Wallsend,2287 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -4.29% to buyers in Wallsend at the moment, which is less than average for the rest of NSW.
Property investors should expect to get $360 weekly from the median priced house in this suburb.