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.